
Vrakas Welcomes Mary Beth Arnold
Mary Beth Arnold joined Vrakas in 2022 with 24 years of accounting experience in the private sector in a variety of service and manufacturing industries.

How To Protect Employees’ Private Information
Personal identifiable information is defined as the personal information of an individual that can be used to identify them. According to the Department of Labor,

Volunteer Day 2022 – Robyn’s Nest
Vrakas sets time aside each year for its annual volunteer day in which the employees of Vrakas spend a day supporting a local organization in

Vrakas Welcomes Megan Novak
Vrakas is happy to announce Megan Novak as Audit Associate II. Megan joined Vrakas as a full-time employee in 2022 after graduating from the University

Happy Halloween from Vrakas CPAs + Advisors
Things got spooky this year at Vrakas CPAs + Advisors. To get everyone in the Halloween spirit, Vrakas hosted two fun events for our staff and
IRS Update
On Tuesday, October 18th, 2022, the IRS issued Revenue Procedure 2022-38 releasing the annual inflation adjustments for 2023. Congress had codified the annual inflation adjustments
Financial Accounting Standards Board (FASB) New Standard Related to Leases, ASC 842
After many years of deliberations and delays, the FASB’s new standard related to leases, ASC 842, is ready for adoption. Effective Date For private companies,

2022 Vrakas/Blum User Conference!
Register Now For This All Day Event! Wednesday, October 19, 2022 | 7:00 am to 5:00 pm Milwaukee Marriott West | W231N1600 Corporate

Vrakas Welcomes Brad Kussow!
Vrakas CPAs is pleased to announce the addition of Bradley E. Kussow as shareholder. Brad Kussow joined our Brookfield office in October with 25 years
Voluntary Correction Programs for Benefit Plans
Qualified retirement plans — including 401(k) plans — are required to comply with specific rules, which are enforced by the Internal Revenue Service. These rules
IRS increases mileage rate for remainder of 2022
IRS increases mileage rate for remainder of 2022 The Internal Revenue Service today announced an increase in the optional standard mileage rate for the final
2023 HSA and EBHRA Contribution Limits
The Internal Revenue Service has released the 2023 cost-of-living adjusted limits for health savings accounts (HSAs), high-deductible health plans (HDHPs), and excepted benefit health reimbursement