June 2011

IRS Increases Mileage Rate to 55.5 Cents per Mile

 On June 22, 2011 the IRS announced an increase to the standard mileage rate from 51 cents per mile to 55.5 cents per mile for business use of an automobile. This adjustment is in response to the increase in gas...

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June 2011

SEC Adopts Rule Defining Family Offices under the Dodd-Frank Act

On Wednesday, June 22, 2011, the Securities Exchange Commission (SEC) adopted a new rule that excludes family offices from the Investment Advisers Act of 1940. The details of this new rule is available on the SEC’s website: Adopted rules defining “family...

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June 2011

Blackman Kallick Expands Healthcare Services Practice

Blackman Kallick, the Chicago-based audit, tax and consulting firm, is expanding its healthcare services into a dedicated national practice area focusing exclusively on the specialized needs of healthcare companies. Paul Smith, a public accounting professional with over a decade of focused healthcare expertise, has joined the firm to lead the practice.

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June 2011

Blackman Kallick’s Family Office Expert Advises Investors to Act Quickly as “Tax Shangri-La” End Nears

Contact: Stuart Baum, Director of Marketing 312.980.3211 sbaum@BlackmanKallick.com Press Release – For Immediate Release June 20, 2011 (Chicago, IL) – Mark J. Blumenthal, Chairman of Blackman Kallick’s Family Office Services Group, spoke to family business owners and private investors at the Family Office Forum...

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June 2011

Bennett Speaks at Dewey & LaBoeuf Runoff Symposium

Evan Bennett, Director of Blackman's Reinsurance Consulting, will be on a panel at the Dewey & LaBoeuf Runoff Symposium meeting on July 13, 2011. The "Transferring Legacy Liabilities – New Methodologies and Techniques" panel will speak on SSAP 62 and Fronting companies...

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June 2011

Elden Rorem and Gentry Interviewed in Just Below The Law

An insightful interview with Jill Elden Rorem, Senior Manager, and Sara Gentry, Manager, of Blackman Kallick's Legal Staffing, appears in Just Below The Law, a contract attorney resource blog.

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June 2011

McNally Article, "To Sell or Not," Published in Manufacturing Today

Pat McNally, Partner in Charge of Blackman's Corporate Finance Consulting group, was published in the Summer 2011 issue of Manufacturing Today. His article, "To Sell or Not: You Are in Need of Expert Advice," advises business owners that "deciding whether to sell your business is likely...

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June 2011

Watson Awarded by the Illinois CPA Society

The Illinois CPA Society annually recognizes members for their commitment and service to committees, task forces, member forum groups, chapters, and task force conferences. Jeffery Watson, a Quality Assurance Senior Manager at Blackman Kallick, received the Distinguished Service Award from the...

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This publication is part of Blackman Kallick’s marketing of professional services, and is not written tax advice directed at the specific facts and circumstances of any person and/or entity. Contents of this publication are of a general nature, and you should not act on this information without obtaining professional advice from your business advisor that is appropriately tailored to your individual needs and circumstances. This written advice is not intended or written to be used, and cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code.