May 12, 2025 | Chicago CPA
We received news today that the US and China are rolling back their reciprocal tariffs for 90 days. In doing so, each side is cutting the bulk of their existing tariffs from 125% to 10%. The stock market indexes jumped in response. But one thing no one seems to be...
May 9, 2025 | Chicago CPA
Eleven years ago a Chicago Retailer came to me with a simple problem. Between his physical location and online presence, he was grossing almost $4M annually. He also went further into debt every year because he consistently lost money. The owner was beside himself. He...
May 7, 2025 | Chicago CPA
Twenty-seven short years ago, the owner of a Home Maintenance Business in the suburbs brought their accounting work to us. They had one location, three trucks, and did a little over half a million that year. They now have six locations, over 60 employees, and did...
May 5, 2025 | Chicago CPA
A recent study conducted by the American Institute of CPA’s confirmed that US Buyers are changing their purchasing habits. Highlights of the survey include… 1 – 37% percent of adults have felt cautious while 36% felt uncertain about their financial...
May 2, 2025 | Chicago CPA
One of the most common questions I get when completing returns is about donations and what can be deducted. A most recent, high-profile tax case, can shed some light on the proper way to handle this issue. A wealthy Chinese-American businessman and philanthropist...
Apr 30, 2025 | Chicago CPA
US Gross Domestic Product (GDP) retreated in the first three months of this year at a rate of -0.3%. Economists had expected our economy to grow at a positive rate of 0.4%. This was the steepest decline we’ve had in GDP since the First Quarter of 2022, but the...
