Rich Kane Named “Top 100 ProAdvisor” for Third Year

Rich Kane, CPA, Advanced Certified QuickBooks ProAdvisorWeltman Bernfield LLC is pleased to announce that our QuickBooks manager,  Rich Kane, CPA, Weltman Bernfield, is included in the Insightful Accountant  2016 “Top 100 ProAdvisor” list. This list recognizes the leading consultants who have embraced the ProAdvisor program and have leveraged it in order to serve their clients better and grow their own businesses. Rich was also named a “Top 100 ProAdvisor” in 2014 and 2015. Click here for the full list for 2016.

Rich Kane named insightful Accountant 2016 Top 100 ProAdvisor

Rich is an Advanced QuickBooks ProAdvisor, a member of the Intuit Trainers/Writers Network and Accounting Today Executive Research Council, a Certified Xero Partner and a Chicago Intuit Brand Ambassador. He is experienced in all facets of accounting, including client accounting and tax, and works with clients on day-to-day transactions. Rich graduated from Northeastern Illinois University with a bachelor’s degree in business and from Loyola University with a master’s degree in business administration. He joined the Weltman Bernfield team since January 2011,

April 2016 Tax Tips, Updates and More

April 2016 General Client Newsletter

Have Questions? We’re Here All Year!   

Many clients only see their CPAs at tax time, when the main focus is on completing and filing their tax return. As a result, they may not take the opportunity to ask questions about long-term tax planning or about other important financial matters.

The good news is that we are available to you all year. We have a full-time, year-round staff of experts with extensive expertise in a broad range of financial areas. We’re ready when you are to review your financial situation and help you understand your options so you can make the best decisions. We’re also here in an emergency to help address unexpected financial concerns. Give us a call to discuss your important financial issues when they arise.

In this month’s issue:

Andrew Blank Earns AICPA’s ABV Credential

Andrew Blank, CPA/ABVWe are pleased to announce that Andrew Blank, CPA/ABV, earned the American Institute of Certified Public Accountants’ (AICPA) Accredited Business Valuator (ABV) credential.  Several qualification requirements must be met to earn the ABV credential, including successfully passing the ABV Examination and obtaining a defined amount of valuation-related business experience and education requirements. This accomplishment demonstrates Andrew’s continuing commitment to improve his valuation skills and expertise to make a difference for our clients.

“We are proud of Andrew,” says Larry Elisco, CPA/ABV, CCS-P, member at Weltman Bernfield and Audit, Attest and Consulting Services department head. “The accreditation provides credibility when providing valuation services for matters such as tax representation, judicial proceedings and transactional assignments, as well as day-to-day client matters that arise in the ordinary course of business.”

Andrew works in the Audit Department at Weltman Bernfield and is actively involved in the firm’s valuation engagements. He is a graduate of Albion College in Albion, Michigan, with a bachelors degree in Economics and Management and an emphasis in Accounting. Andrew started his career at Weltman Bernfield in July 2013.

March 2016 Tax Tips, Updates and More

March 2016 General Client Newsletter

Tax Season Reminders:

  • Let us know as soon as possible if you need to file an extension.  If you don’t think you can meet the deadline for filing, an extension gives you six more months to file without incurring late-filing penalties. March 15 is the deadline for filing corporate tax returns or extensions. April 18 is the government deadline this year for individual tax returns or extensions; however, we at WB are holding to the April 15 deadline. When filing an extension, you must make a reasonable estimate and pay any outstanding amount when you submit the extension form; otherwise, you could end up owing late-payment penalty charges.
  • Contribute to your retirement accounts. You have until April 18, 2016, to contribute to your traditional or Roth IRA for 2015. The maximum IRA contribution for 2015 is $5,500 ($6,500 if you were age 50 or older by the end of 2015). Your traditional IRA contributions may be tax-deductible; however, the deduction may be limited if you or your spouse participate in a retirement plan at work and your income exceeds certain levels. Contact your tax advisor if you have questions about eligibility, or visit
  • Evaluate your situation for 2016. This is a good time to evaluate your financial situation and investment options. Set up an appointment with your tax advisor to discuss how you can minimize your exposure in 2016.
  • And if you need help logging into or completing your tax organizer through our web portal, check out our online tutorials.

In this month’s issue:

Gerry Brin Completes 31st Annual Ski Trip for Leukemia Research Foundation

Wb member emeritus Gerry Brin led the 31st annual Ski for Research to rais funds for Leukemia Research Foundation Weltman Bernfield member emeritus Gerry Brin recently completed the 31st Annual Ski for Research, which benefits the Leukemia Research Foundation. With 22 skiers participating this year, Ski for Research raised about $25,000 for the Foundation.

Gerry has organized and led the trip from its inception in 1986. The event honors the memory of Gerry’s nephew, Alan, who succumbed to the disease in 1978 at the age of 10.

Learn more in this article on Gerry and Ski for Research when funds reached $1 million.