Bottom Line Bulletin March 2017

Answers to Commonly Asked Questions About Roth and Traditional IRAs By: Diana Spatoulas, KOS Senior Accountant Individual Retirement Accounts, or IRAs, play an important role in retirement planning. Part of the planning process includes determining whether a Roth IRA or Traditional IRA is best for you. Presented below is a list of commonly asked

Bottom Line Bulletin February 2017

Charitable Contribution Deductions Jeffrey Arnol, KOS Managing Partner Most people are aware that contributions to qualified charitable organizations are deductible for tax purposes. That being said, it is important that everyone is knowledgeable about the substantiation requirements for both cash contributions as well as the rules that apply to contributions of non-cash property such

Bottom Line Bulletin December 2016

Adding a Prenup to Your Estate Plan Key component for wealth protection Are nuptials on the way? Suppose that you are going to be married soon. Perhaps it’s a second or even third marriage. Or maybe another family member—for example, a son or daughter, or a grandchild—will be the one walking down the aisle. In

Bottom Line Bulletin November 2016

Can I Deduct the Cost of Using My Smart Phone for Work? By: Jeff Niedelman, The smart phone has become one of the most important pieces of equipment in today’s world. With this device, we are able to stay connected with our bosses, employees, clients, and almost anyone in the world at any time.

Bottom Line Bulletin October 2016

Seven Timely Tax Moves in 2016 Strategies for individual tax payers Undoubtedly, the national elections will have an impact on personal taxes for years to come. But it is unlikely that a lame-duck Congress will enact changes that will significantly affect tax planning for 2016. Accordingly, here are seven tax moves for individuals to consider


KOS to Participate in the Illinois CPA Day of Service

Governor Rauner has officially proclaimed September 23, 2016 to be CPA Day of Service throughout Illinois. KOS is proud to be part of this wonderful day.  Employees from the firm will be traveling to the Feed My Starving Children (FMSC) facility in Libertyville, IL for an afternoon of helping others. KOS chose to work with

KOS Introduces KOS Financial Services

PRESS RELEASE FOR IMMEDIATE RELEASE August 17, 2016   KOS Introduces KOS Financial Services The CPA firm of KOS has a financial advisory division headed by Tony Gacs Kessler Orlean Silver & Co., P.C. (KOS) is pleased to announce that Tony Gacs has joined the firm to head its’ new division KOS Financial Services. As

KOS 4th Annual Professional Development for the Woman Business Leader

A breakfast workshop for women who want to build their power, presence and communication skills In today’s work environment, it’s not enough to be highly trained in technical skills. Delegating, motivating, team building, displaying a positive attitude and carrying yourself well are all crucial for success and taking your career to the next level. Come

Abigail Schaffer Published in Accounting Today

Abigail Schaffer, KOS Staff Accountant was published this week in Accounting Today. She writes articles regularly for the monthly KOS newsletter, “Bottom Line Bulletin.” Abby’s article was titled, “6 Quick Tax Tips for Students Starting a Summer Job” and went live on Accounting Today on June 7, 2016. Please click the link below to view

Kessler Orlean Silver & Co., P.C. (KOS) and The Kaplan Partners LLP Announce Merger

PRESS RELEASE FOR IMMEDIATE RELEASE JUNE 2, 2016 Kessler Orlean Silver & Co., P.C. (KOS) is pleased to announce that it has merged in The Kaplan Partners LLP of Chicago, IL effective June 1, 2016. Maya Gavrilovic from The Kaplan Partners will be joining KOS and will be instrumental in facilitating this transition. Founded over