State & Local Tax Update: Chicago has new taxes

Recently, the news media has noted that Chicago has new taxes.  What Chicago has done is promulgate new “Rules” (essentially, regulations) for both its Amusement and Personal Property Lease Transactions (“Transactions”) taxes, which generally expand what services are...

Tax Bites: Act Soon if You Want to Help Your Child Buy a Home

Mortgage interest rates are still at historically low levels, but they’re expected to go up by year end. So if you’ve been thinking about helping your child — or grandchild — buy a home, consider acting soon. There also are some favorable tax factors that will help:...

Recovering Impairment Under IFRS-a Way to Improve Your Earnings.

I have come across a few examples of a company switching to IFRS recently. One of the major reason is the difference in the recovery of impairment losses previously recorded. Some companies use this difference and choose the timing of switching to IFRS. Here is one of...

New CDH Brand Recognized with 2015 Hermes Creative Award

Itasca, IL – CDH, a comprehensive accounting and business consulting services firm, is proud to announce that it is the recipient of the internationally recognized 2015 Hermes Gold Creative Award for its company re-brand. The Hermes Creative Awards are administered...