Blog

January 17, 2020

If you own, invest in or use virtual currency like Bitcoin and Ethereum, be aware that the IRS has recently added virtual currencies as an area of focus. They have been sending notices to taxpayers who own virtual currency based on information received through ongoing...

June 29, 2018

As we reach the midpoint of 2018, it is an ideal time to review your finances as they relate to our newest tax laws. Although we tend to look at this information at the end of the year and at tax time, it can be very beneficial to review and make changes now, which ca...

August 4, 2017

(Gurnee)  -  Eder, Casella & Co., Certified Public Accountants, announces the merger of Milburn Cain & Co. with Eder, Casella & Co. as of July 1, 2017.  The combined firm will conduct its practice as Eder, Casella & Co.  Eder, Casella & Co. began its professional pract...

November 28, 2016

On Tuesday, November 22, 2016, a Federal judge in Sherman, Texas blocked the Obama administration's executive action that would have given more white-collar workers overtime.  The change was slated to go into effect on December 1, 2016-- just a little more than a week...

August 26, 2016

This past week, the Financial Accounting Standards Board (FASB) issued a new accounting standard that will change presentation and disclosure requirements with the goal of providing the financial statement users (donors, grantors, creditors, etc.) useful information ab...

June 9, 2016

The federal tax deadlines will change beginning with the 2016 tax year. These changes may impact when you get your tax information and may even impact when your tax return is filed. On July 31, 2015, President Obama signed into law legislation that modifies the tax dea...