Legacy Professionals News
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The twisty journey of the Corporate Transparency Act’s (CTA’s) beneficial ownership information (BOI) reporting requirements has taken yet another turn. Following a February 18, 2025,
- Tax Info
The Donna A. Hubert Memorial Scholarship Fund offers an annual renewable scholarship for women interested in pursuing a career in accounting. This scholarship was created
- Legacy Firm News
Victims of presidentially declared disasters in recent years who couldn’t previously claim a casualty loss deduction may now be able to claim a refund. Additional
- Tax Info
In addition to widespread federal funding cuts, many not-for-profit leaders are concerned about a possible economic downturn. If you’re a on the board of directors
- Nonprofit Updates
FinCEN announced on February 27, 2025 that it will not issue any fines or penalties or take any other enforcement actions against any companies based
- Tax Info
Dave Zabrecky, Director of Compliance Services, will represent Legacy at the Illinois AFL-CIO Financial Reporting Seminars on the topic of IRS Reports. The seminar also
- Labor News, Out and About
Following the February 18, 2025, decision by the U.S. District Court for the Eastern District of Texas in Smith, et al. v. U.S. Department of
- News Flashes
Our Annual Tax Releases are posted. The Releases include: 2024 Automobile Rules Third Party Payments of Sick Pay W-4P and W-4R Release 2025 Rates &
- News
Our Annual Rates & Limits Release has been posted. Contact Julie Tucek if you’d like a laminated copy.
- Year End Tax Releases
Effective January 1, 2025, we are pleased to announce the following individuals have been promoted to Manager: James Latterell and Nick Racan in the Westchester
- Legacy Firm News
Jon Andrews CPA, JD was named Partner at Legacy, effective January 1, 2025. Jon graduated from Lewis University and IIT Chicago-Kent College of Law. Jon
- Legacy Firm News
Jody Ingraham, CPA was named Partner at Legacy, effective January 1, 2025. Jody is a 2003 graduate of Winona State University. Jody specializes in federal
- Legacy Firm News
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