Chicago Accounting Articles
Jul 17, 2015
Published July 17, 2015 Business Continuation Plan in Chicago Illinois Installing a solid business continuation plan that will actually work and stand the test of time can be quite challenging. The biggest problem is that the laws regarding taxation in this...
Feb 28, 2013
Updated July 21, 2015 What is a bona fide transaction in Chicago Illinois? All transactions must be arm’s length, or bona fide, in order for them to stand up to audit. By definition, all transactions between blood relatives are not bona fide, unless they...
Feb 28, 2013
Updated July 21, 2015 Why is a business valuation necessary? Why is the Valuation of a Business Necessary in Chicago Illinois? A formal Business Valuation is a necessary step in providing the due diligence necessary to complete a bona fide transaction with a blood...
Feb 28, 2013
Updated July 21, 2015 Business Continuation Planning Chicago Illinois What is business continuation planning? Business continuation planning Chicago Illinois is the orderly transition of a business from one generation to the next. Why is this generally...