As our population ages, seniors increasingly become targets for a variety of scams. These fraudulent schemes can have devastating financial and emotional impacts on older adults, who may be more vulnerable due to factors such as isolation, cognitive decline, or simply a trusting nature. The Internal Revenue Service (IRS) has been proactive in issuing warnings […]

It’s Time to Start Leaning on Your Accounting Team By: Kate Ward Running a small business comes with a myriad of challenges. You constantly have important decisions to make—and never enough time to make them. With the onslaught of the COVID–19 pandemic, the business environment became more difficult than ever. These days, small business owners face employee shortages, […]

The Paid Leave for All Workers Act is a significant piece of legislation that aims to improve Illinoisworkers’ quality of life. This act guarantees paid leave for eligible employees to address various lifesituations such as illness, family emergencies, and parental responsibilities. This article will delve into the specifics of the Paid Leave for All Workers Act […]

The Endless Advantages of a Professional Internship By: Brooke Valenti–Jouett MLMs, sugar–free peanut butter, Instagram “hacks”: some things just aren’t as advertised. Luckily,internships are all they seem and more. Internships can jump start your career, helping you gainvaluable experience and create important connections! Representatives from KEB will be visitingcampus career events in the fall to […]

Tax Credits Save Green When You Switch to a Clean Vehicle By: Melissa Koehler If you have been thinking about ways to reduce your carbon footprint, now may be the perfect time tomake the switch to a clean vehicle. In addition to being kind to the earth by reducing your emissions andreliance on fossil fuels, […]

Changing the World with Charitable Giving By: Susan Shackelford These days, many people are finding themselves discouraged. Over the last few years, we lived througha pandemic. As a result, we have seen company shutdowns, small business closures, job losses, andsignificant economic fallout. The needs of those around us have become greater, and charities havebecome substantially more […]

Embarking on a business transition is akin to navigating a major life event. Whether buying a business,merging with another entity, or passing the baton to new ownership, it’s a transformative journey thatimpacts every aspect of your professional and personal life. Though these steps hold significance in everytransaction, the following are presented from the viewpoint of […]

As Boomers and Gen Xers approach retirement, effective financial planning becomes crucial to ensure a comfortable and secure future. This article outlines essential tax and financial planning strategies tailored to the unique needs of individuals nearing retirement. By understanding and implementing these strategies, you can navigate the complexities of retirement planning with confidence. Understanding Retirement […]

The Employee Retention Credit (ERC) was introduced as a part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act in 2020 to help businesses keep employees on their payroll during the COVID-19 pandemic. The credit was designed to provide financial relief to businesses that experienced significant declines in revenue or were forced to suspend […]

Proper accounting is the backbone of any successful small business. It ensures that your financial records are accurate, helps you make informed decisions, and keeps you compliant with tax regulations. However, many small business owners, who juggle multiple responsibilities, often commit common accounting mistakes that can lead to significant issues down the line. Avoiding these […]