Porte Brown LLC is a full service accounting and consulting firm headquartered in the Chicago suburb of Elk Grove Village, Illinois.
In addition to the traditional accounting services, such as tax planning and preparation, audit, business valuations, and retirement plan administration, Porte Brown also provides strategic consulting and leading-edge technology implementation for clients in cloud and non-cloud environments.
Since 1946, efficient and timely accounting services have been the foundation of Porte Brown. Today our Accounting Services team has expanded its capabilities to meet the needs of clients in diverse industries, such as manufacturing & distribution, construction, professional services, transportation, nonprofit organizations and grocery & food services.
As seasoned accountants, consultants and enthusiastic users of various number-crunching technologies, we bring a unique perspective to the world of financial management solutions.
The IRS has announced that it is beginning to send nearly four million Economic Impact Payments (EIPs) by prepaid debit card (instead of by paper check). The cards are being distributed to qualified taxpayers without bank information on file with the IRS and whose tax return was processed by either the Andover or Austin IRS Service Center.Read More »
On May 15, 2020, the U.S. Small Business Administration (SBA) released the application and instructions for loan forgiveness under the Paycheck Protection Program (PPP). The application and instructions provide additional clarity to borrowers regarding the process and calculations applicable to...Read More »
Porte Brown LLC is pleased to announce the firm has been named as one of the 2020 Best Places to Work in Illinois. The Best Places to Work competition is a combination survey, study and awards ceremony established to identify the top employers in the state of Illinois. This is the eighth consecutive time Porte Brown has made the list and the fifth time...Read More »
Porte Brown is proud to announce it was named one of Open Systems' (OSAS) Top Partners for 2020. Even though the 2020 Partner Symposium was cancelled this year due to the coronavirus (COVID-19), Open Systems still wanted to recognize its top partners for outstanding performance and commitment to their clients.Read More »
In a new FAQ regarding the Paycheck Protection Program (PPP) updated on May 13, 2020, the SBA appears to have backed off the threat to review PPP loans of less than $2 million for improperly certifying their loan was necessary.Read More »
Due to the recent guidelines published by the IRS regarding the PPP loan, many organizations are considering returning the funds they have received. If an organization decides that they will be giving the money back to the banks, there are several credits that are available for organizations to take advantage of right now. Here are some details on the payroll credits available & details on Form 7200:Read More »
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