February 2012

Blackman Kallick Hosts the 2012 Insurance Conference

The conference will feature presentations by expert insurance accountants, actuaries and regulators, Q&A sessions, as well as networking opportunities. Topics will include accounting, internal controls, investment, regulatory, reinsurance and tax issues.

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February 2012

Insurance Webinar: SSAP No. 101 Affects Insurance Companies

Statement of Statutory Accounting Principles (SSAP) No. 101, Income Taxes, a Replacement of SSAP No. 10R and SSAP No. 10, provides new rules for the statutory accounting of income taxes by insurance companies. The guidance will require significant compliance effort,...

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February 2012

Youngren Speaks at the Federal Bar Association’s 24th Annual Insurance Tax Seminar

Douglas J. Youngren, Partner at Blackman Kallick, presents on accounting for taxes and deferred taxes, including SSAP 101, at the 24th Annual Insurance Tax Seminar on Thursday, May 31, 2012. This seminar, hosted by the Federal Bar Association Section on...

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February 2012

Youngren and Maenner Speak at Chicagoland - IASA Chapter’s Insurance Conference

Douglas J. Youngren, Partner, and Bailey Maenner, Manager, at Blackman Kallick present at the Chicagoland – IASA Chapter’s Insurance Conference on April 19, 2012. Doug and Bailey’s “SSAP 101 — Are the Changes Really Over?” presentation provides an overview of...

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February 2012

HLB International Announces First Member of New Ireland Federation

HLB International (HLBI), the international network of accounting firms, is delighted to announce the appointment of the first Irish member firm to its new HLB Ireland Federation. Joining the network is Dublin based firm P. Ryan & Company.

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February 2012

HLB International Appoints New Member in Greece

HLB International (HLBI), the international accountancy network, has appointed a new member firm in Greece. The newly established HLB Hellas SA will operate out of the capital city Athens.

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February 2012

Accounting Today: Blackman Kallick Elects 3 Partners

Timothy Bowling, Toni Diprizio and Jill Elden Rorem have been elected partners in Top 100 Firm Blackman Kallick. Bowling works in the audit services practice, and helped build the firm's Service Organization Control Reporting Services Group. A CPA, he holds...

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February 2012

Best's Review Quotes Dertz in "Acquiring Costs"

Jeff Dertz, a partner in Blackman Kallick’s Insurance Practice, was quoted in "Acquiring Costs: New accounting guideline changes how business acquisition costs are charged against stockholder equity," an article published in the January 2012 Best's Review. Below is an excerpt from...

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February 2012

Webinar Available Online: State Tax Planning — What You Should Know About Sales Tax on Services

This webinar provides the latest information on important changes to state and local tax (SALT). The presenters review various topics that affect businesses with multistate operations.  Sales tax — it happens every month. Even if you’re a service provider,...

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February 2012

Blackman Kallick Expands Emerging Enterprises and Technology Team

Blackman Kallick, the Chicago-based audit, tax and consulting firm, has recently expanded its Emerging Enterprises and Technology practice with the addition of John Klisch as Partner. This move reaffirms Blackman Kallick’s commitment to serving the growing number of Chicago-area emerging enterprises and technology companies.

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February 2012

McNally Awarded for Largest Transaction of the Year by MBBI

The Midwest Business Brokers and Intermediaries (MBBI) association presented Patrick McNally, Partner in Charge of Blackman Kallick's Corporate Finance Consulting group, with an award for the “Largest Transaction of the Year 2011.” The award was presented at the 2012 MBBI...

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February 2012

Lau and Zhong's Form 8938 Tax Alert Published by ICPAS

Paul C. Lau and Amanda Zhong of Blackman Kallick's Tax Services group were published in the Illinois CPA Society's (ICPAS) international business tax alert issued on January 19, 2012. The alert "Beware: New Form 8938 – Statement of Foreign Financial Assets"...

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February 2012

Blackman Kallick Expands Insurance Services Practice

Blackman Kallick, LLP the Chicago-based audit, tax and consulting firm, today announced that they have added John Fritz as Senior Manager and Michael Seitz as Audit Senior to Blackman Kallick’s top-rated Insurance Practice. They join a dedicated insurance practice that already has more than 40 professionals and services clients nationally.

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February 2012

Lau and Lies Column, "Tackling Taxes," Published in Taxes—The Tax Magazine, December 2011

Paul C. Lau and Richard L. Lies III of Blackman Kallick were published in the December 2011 issue of Taxes—The Tax Magazine. Their column, "'Tax-Affecting' S Corporation Income—Part II," presents some of their views on the unsettled topic of tax-affecting S corporation’s income. Read Paul...

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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.