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Our Latest News & Articles
Tax Day Extension to July 15 Announced
The deadline for individuals and businesses to file their income taxes will shift from April 15 to July 15, Treasury Sec. Steven Mnuchin announced today. Previously, the U.S. Treasury Department and the IRS had announced that taxpayers could defer making income tax payments for 2019 and estimated income tax payments for 2020 due April 15 (up to certain amounts) until July 15, 2020. Now, the federal government is stating that you don’t...
Read More »Important IRS Update on Extended Payment Deadline & Payment Relief
The Treasury Department and the Internal Revenue Service are providing special payment relief to individuals and businesses in response to the COVID-19 Outbreak. The filing deadline for tax returns remains April 15, 2020. The IRS urges taxpayers who are owed a refund to file as quickly as possible. For those who can’t file by the April 15, 2020 deadline, the IRS reminds...
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Extension of Tax Payment Deadline Announced
In an afternoon press conference today, Treasury Secretary Steven Mnuchin announced a plan to extend the April 15 tax deadline to pay taxes owed for individuals and many businesses by 90 days. Official details have not been released; however, based on the announcement it seems many taxpayers will benefit from the extension. We expect more important information to be provided shortly. Below are some key points from the announcement...
Read More »"Taking Your Nonprofit Over the $1M Mark" Webinar
The Urban Institute’s Center on Nonprofits & Philanthropy (2018) says that 77% of nonprofits will never reach $1M of annual revenue. Why is this? Why do some nonprofits seem to grow quickly while others fight for every single $10 donation? Join Porte Brown Senior Manager, Megan Angle, as she hosts Shery Quam Taylor as she provides her methodology to help nonprofits secure larger donations and more donors to grow.
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Economic Summit: Interest Rates, Consumers Will Keep Economy Growing this Year, Expert Says
All signs point to a continuation of economic growth in the U.S. this year, although the margin for change is thinner than before, an economic expert told suburban business leaders Wednesday at the Economic Summit hosted by Porte Brown Accountants and Advisors in partnership with the Daily Herald Business Ledger.
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Porte Brown Named as One of the 2019 Top 50 Construction Accounting Firms
Porte Brown LLC, a Chicagoland accounting firm, is pleased to announce the firm has been named as one of the 2019 Top 50 Construction Accounting Firms by Construction Executive (CE). The CE Top 50 list is based on the total number of construction clients each firm has, the number of construction CPAs, the number of staff members with CCIFP certifications...
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Porte Brown Wealth Management LLC Celebrates 10 Year Anniversary
Porte Brown LLC is pleased to announce Porte Brown Wealth Management is celebrating it’s 10 year anniversary. “Porte Brown Wealth Management could not have reached this milestone anniversary without the dedication of the entire Porte Brown Wealth Management staff and our client loyalty,” said Ron Manso, CFP*, Director of Financial Services and a Partner* with Porte Brown Wealth Management LLC.
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SafeSend Returns for Tax Return Delivery
Porte Brown is excited to introduce SafeSend Returns™ as our electronic delivery method. With SafeSend Returns you will receive your tax returns securely and with ease. SafeSend Returns allows us to deliver your return securely and walks you through the steps of processing your return via computer, smartphone or tablet. The benefits of using SafeSend Returns include...
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Porte Brown's Sean Tews Earns CCIFP Designation
Porte Brown is proud to announce Sean Tews, CPA, has earned his CCIFP (Certified Construction Industry Financial Professional) designation. Tews’ newly earned certification increases Porte Brown’s total number of CCIFP certified professionals to six. Our sizeable contingent of CCIFP professionals places it on an elite level of CPA firms in the nation that can provide specialized accounting and financial management services to construction companies. Currently, there are only 35 CCIFPs located in IL.
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Porte Brown Wealth Management Honored as a Top Wealth Management Firm by 1st Global
Porte Brown Wealth Management was recognized for its extraordinary achievements throughout the year at the 2018 1st Global National Conference that took place from Nov. 11–13. Porte Brown Wealth Management was named a Five Diamond Eagle, which is awarded to firms based on the criterion of the firm’s production volume across all product lines.
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Porte Brown Named One of the Fastest Growing Firms
Porte Brown LLC is pleased to announce it has been named one of the fastest growing accounting firms in the U.S. by The Platt Group/Inside Public Accounting. The Fastest All-Growth firms are ranked by the change in a firm’s net revenue from the previous reporting year, and includes both organic and revenue growth from mergers.
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Client Insights with PAWS Chicago
PAWS Chicago has been helping the Chicagoland region for over two decades by rescuing and helping dogs and cats. Porte Brown, a Sage Intacct partner, recently had the chance to sit down with PAWS Chicago's CFO, Alisa Brill, and discuss why they switched over to Sage Intacct and how it’s positively impacted their organization. “We knew we were too big to still be on QuickBooks and were drawn to Sage Intacct by its approach to capturing a variety of operational dimensions that would allow us to slice and dice data at the specific program, department, or vendor-level."
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New Financial Insight Advances PAWS Chicago's Mission
PAWS Chicago is a 20-year-old nonprofit focused on making Chicago a “no kill” community for dogs and cats. In support of this mission, the organization adopts out over 5,000 animals annually. As the organization has grown, its management team needed a better way to track separate financials for all of their programs, while still producing the standard nonprofit tax reports.
Read More »What's on Your Dashboard?
In the not too distant past, businesses struggled to acquire insightful financial reports in a timely and efficient manner. The data was often too late to affect any immediate business decisions, or it was too incomplete to offer any real insight or understanding of the company's current performance.
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Porte Brown Staff Recognized – Emerging Leader
It is with great pride that Porte Brown would like to congratulate manager Beth Navrotski, CPA, MST, for her recent selection for the CCH Wolters Kluwer Emerging Leaders Program. Beth was selected as one of the top 10 young professionals at the most recent CCH Users Conference. The program focuses on educational sessions designed to help them grow as professionals, better manage their areas of responsibility within their businesses and progressively rise as leaders within their firms.
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