Audit and Tax

“Leap Day 2020” Tax Tips

Every four years comes around the Olympics, a presidential election, and a leap year. With Leap Day falling during tax season, we thought we…

Chris Geier Featured On WGN Radio and Fox Milwaukee

Chris was interviewed on WGN Radio and Fox Milwaukee about workforce safety, in the wake of the tragic shooting in Milwaukee on February 26,…

“Twenty for 20:” Twenty Tax Planning Ideas for Construction and Real Estate Businesses to Focus on in 2020

As a new decade begins, will construction and real estate businesses see the ‘roaring twenties’ with continued growth? Or will we witness a collapse…

CPE Trainings: Tax Levels 1, 2, & 3

Register for CPE Training Level of Your Choice Program Description Sikich University is pleased to offer Tax Training Levels 1-3 for your tax professionals….

New Illinois Parking Excise Tax Goes into Effect New Year’s Day

Illinois’ statewide tax on parking areas and garages Beginning January 1, 2020, the Parking Excise Tax Act [35 ILCS 525] imposes a statewide tax…

2019 Year-End Tax Planning

Who’s Your Buddy? This list spells out several 2019 year-end tax planning ideas for manufacturing and distribution companies to consider B Bonus Depreciation. 100%…

Jim Brandenburg Quoted in Financial Advisor about Charitable Giving

Jim Brandenburg was quoted in a second Financial Advisor article about donating appreciated stock to charity. Financial Advisor is a magazine and news website…

Webinar: Tax Reform Reset – Changes to Individual Deductions

Webinar: Tax Reform Reset – Changes in Business Deductions

Webinar: Tax Reform Reset – Business Entity Selection

Sikich expands accounting, tax and audit team with acquisition

CHICAGO — Oct. 22, 2019 — Professional services firm Sikich announced Tuesday that it has agreed to acquire Oak Brook, Illinois-based public accounting firm,…

Jim Brandenburg Quoted in Financial Advisor

Jim Brandenburg was quoted in a second Financial Advisor article about capital gains breaks. Financial Advisor is a magazine and news website covering charitable…

How to Prepare for a Program Review

An overview of program reviews, what it means for your institution and you can prep should you be selected Few things create more anxiety…

Tax Planning & Business Succession

How to tax plan for business succession We attended the Forbes Ag Summit in Indianapolis in September, and while Steve Forbes continues to advocate…

GASB Statement No. 84, Fiduciary Activities: The Impact on Deferred Compensation Plans

To reduce reporting inconsistencies, the Governmental Accounting Standards Board (GASB) announced a new standard affecting governments and their reporting standards. In the past few…

The Ohio Budget Bill Brings Changes to the State

Recently passed Ohio budget bill provides additional tax relief and adopts Wayfair economic sales tax nexus On July 18, 2019, the Ohio 2020-21 budget…

Sikich Tax Update: A Legislative Update from Washington as You Head off on Your Summer Vacation

An Overview of Each Item Addressed by Congress Before the August Recess Summer arrived late in many parts this year, and many folks are…

Just Released: A New EBP Auditing Standard for ERISA Plan Audits

Employee Benefits Plan Alert New requirements under Statement of Auditing Standards (SAS) No. 136, Forming an Opinion and Reporting on Financial Statements of Employee…

Sikich Series on Tax Reform: Wisconsin’s SALT Shaker – New Wisconsin Entity Level Tax Election

What You Need to Know about the Wisconsin Entity Level Tax Election and Next Steps Late in 2018, Wisconsin enacted special tax legislation directed…

Revenue Recognition for Contractors – Reminders During Implementation

Reminder for contractors At long last and after several years of discussion regarding the new GAAP revenue recognition standard, we have entered the period…