Vrakas Opens Chicago Office

Chicago, IL – The public accounting and business advisory firm, Vrakas CPAs + Advisors, is pleased to announce the opening of its new office in Chicago, Illinois. This strategic expansion marks a significant milestone in the firm’s continued growth and commitment to...

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  • What’s the Story on Gift Taxes?

    In brief, the IRS is not imposing a tax on the sweater you gave to Uncle Arnold for Christmas or those Amazon gift cards you gave your nieces. The IRS only starts taxing gifts when they surpass a certain dollar limit each year and during your lifetime. And gift taxes...

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