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Partnership Audits Increase; Other Business Audits Drop In FY 2014 Read more »

IRS Issues 2015 Inflation-Adjusted Vehicle Depreciation Dollar Limits Read more »

Top Tax Developments of 2014 with Impact on 2015 Read more »

House Bill Would Expand 529 College Savings Plans Read more »

Latest News

CJBS Acquires ALR
CJBS has completed its acquisition of the accounting and tax services business of Acciari, Levy & Rabyne, LLC, of Skokie, Illinois. The combined firm will operate as CJBS, LLC and will conduct its practice from the company’s offices at 2100 Sanders Rd., Suite 200 in Northbrook, Illinois. Click here to learn more...

Jeff Krupp Joins CJBS
As of the beginning of this year, Jeffrey L. Krupp, formerly a partner of Leo J. Krupp & Company in Park Ridge, Illinois, has joined CJBS. Click here to learn more...

Top Tax Developments of 2014 with Impact on 2015
2014 was a notable year for tax developments on a number of fronts. With respect to David Letterman, Michael Blitstein presents his list of the Top Ten tax developments for 2014 based on uniqueness, taxpayers affected, and forward looking impact on 2015 and beyond.
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It's never been easy to navigate the various tax consequences of buying and selling securities and investments. This year, the IRS complicates things a little further with the relatively new net investment income tax (NIIT). Click here to see Michael Blitstein's article on Navigating the Tax Obstacles of Investing in 2014...

Larry Goldsmith, head of CJBS Forensic Accounting and Litigation Support group, will moderate "Overcoming the Myths: Taking Control of Your Money & Your Future", a dynamic conversation about women and finances. The seminar will be held Thursday, September 11, 2014 at The East Bank Club in Chicago, 4:40 to 6:30 pm. For more information, click here...

If you own or lease a building, cost segregation is a powerful strategy to reduce your tax liability, thereby increasing cash flow. Click here to see Michael Blitstein's complete article on Cost Segregation Studies - Reduce Your Tax Liability and Increase Cash Flow...

On April 24, Larry Goldsmith JD, CPA, MAFF, spoke at the Chicago Bar Association on the subject of "Forensics in Divorce" to a group of 75 attorneys. The presentation was carried live as part of the CBA's webinar series.

As a business person, one of your goals is probably to ensure a comfortable, financially secure retirement. Maybe, up until now, you have been making IRA contributions. That's a good start, but you can do a lot better with a qualified retirement plan. Click here to see Michael Blitstein's article on Tax Qualified Retirement Plan Alternatives...

Virtually all sales of dental practices are documented as an asset sale rather than a stock sale. When the assets of the practice are sold, the buyer and seller must allocate the purchase price among the tangible (equipment, furniture, computers, etc.) and intangible assets (goodwill, customer lists, covenants not to compete, etc.) that are included in the transaction. How this is done can make a substantial difference. Click here to see Michael Blitstein's article on Allocating Sales Price Between Buyers and Sellers...

Can your startup business survive without the assistance of an outside accountant? Possibly, but the extra insight, guidance, and expertise an accountant offers can be the catalyst that makes your business thrive. Click here to see an article on the Nine Reasons Why Entrepreneurs Should Hire An Accountant...

Michael Blitstein has published an article on Financial Statement Fundamentals in New Dentist Magazine. This informative piece looks at balance sheets, income statements, and cash flow statements, explaining where a business' money comes from, where it goes, and where it is now. Click here to download the article...

CJBS Completes Merger with Kenneth S. Finkle - CJBS is pleased to announce its forthcoming merger with the accounting and tax services business of Kenneth S. Finkle. The merger is scheduled to take place officially on January 1, 2014.
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CJBS Names Lorena Johnson As Member of the Firm - Lorena C. Johnson, CPA, MAFF, director of the forensic and audit and attestation group at CJBS, LLC, a Northbrook, IL accounting and consulting firm, has been named as a member of the firm, effective January 1, 2014.
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Michael Blitstein added to Dental Experts Panel - Michael Blitstein (the “B” in CJBS) has been added to the panel of dental advisors on Michael’s years of experience as an accounting and financial consultant in the dental community, along with his familiarity with the unique regulatory challenges of creating, running and maintaining a successful dental practice made him an obvious choice to join the popular website’s team of experts.
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