Porte Brown LLC

08/09/2026

Ignoring unclaimed property rules can be costly. Businesses that fail to comply with escheat laws may face fines, penalties, and added scrutiny. Learn the key requirements and best practices with a Porte Brown advisor today. https://bit.ly/4ho6fw5

Learn how escheat laws affect businesses, what types of unclaimed property may be reportable and how to reduce compliance risks and penalties.

08/08/2026

Could the IRS still review a past tax return? Knowing the three-year rule, key exceptions, and common audit risks can help you make smarter financial decisions. Explore our latest insights.

How far back can the IRS audit you? Three years is standard, but exceptions can extend it to six years or more. Learn what triggers audits and how to prepare.

08/07/2026

From tax rates to future exits, entity selection matters. Recent tax law updates have created new opportunities and considerations for start-up founders. Read more and start planning strategically with Porte Brown.

Compare C corporation and pass-through tax considerations for start-ups, including QBI deductions, QSB stock rules and retained earnings.

08/06/2026

Porte Brown recently helped sponsor with McHenry Bank & Trust part 2 of a 4-part series Cultivated: Tools for Growth. This session covered content & messaging in marketing & media. Thank you to the speakers and professionals who attended the session and McHenry Area Chamber of Commerce for hosting the event. Join us for part 3 of the series on September 17.

08/06/2026

Illinois businesses should start preparing now. New tax legislation could affect income taxes, pass-through entities, sales taxes, and industry-specific activities beginning in 2026 and 2027. Learn what's changing.

Illinois' FY2027 budget law brings changes to NOL deductions, QSBS, PTE tax, sales tax, digital assets and other taxes beginning in 2026 and 2027.

08/05/2026

Who pays the tax? Who controls audits? Who receives cash distributions? These questions should be answered before your construction joint venture gets underway. Porte Brown shares the 5 latest insights. https://bit.ly/45xqkIS

Construction joint ventures can create unexpected tax and cash-flow issues. Learn five questions contractors should address before bidding, forming or operating a JV.

08/04/2026

New 530A "Trump Accounts" are here. Parents, grandparents, and others can now help eligible children build long-term savings through this new tax-advantaged account. Learn how the rules work and whether it's a fit for your family.

Learn how Section 530A “Trump Accounts” work, who can contribute, gift tax reporting rules and how they compare with education savings options.

08/03/2026

Tax-smart investors are paying attention to Opportunity Zones. New IRS guidance highlights important deadlines, transition rules, and planning considerations. Read the article and review your strategy today.

Learn how new IRS guidance affects Qualified Opportunity Zone investors, QOFs and QOZ businesses under the original and permanent programs.

08/02/2026

Do you know what your business is really worth? A current valuation can help business owners make smarter estate planning decisions, reduce tax exposure, and protect family wealth. Start planning with our experts today.

Learn why business owners should use a formal valuation to guide estate planning, gifting strategies and tax-smart ownership transfers.

08/01/2026

How tax-ready is your manufacturing business? Midyear is the perfect time to evaluate deductions, credits, and investment plans that could impact your bottom line. Read our latest insights and contact us to discuss. https://bit.ly/4531Hnk

Review key 2026 tax planning opportunities for manufacturers, including depreciation, QPP deductions, R&E costs, QBI and estimated taxes.