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
Vrakas Conference Center is Open for Business!
Vrakas Conference Center is Open for Business! You may remember our remodel project from 2019 when all of the employee space within our office was
Deciding Between a Compilation, Review or Audit
A successful, privately held small business may ask a banker, investor, creditor, or buyer for an audited financial statement. These third parties often want some
Vrakas Adds IT Administrator
Vrakas S.C., is pleased to announce that its hired Gjeret D. Stein as the firm’s IT Administrator. Gjeret Stein, with twenty years of information technology
Taxes and Business Startups
New entrepreneurs think about production, marketing, sales and human resources – but often forget the tax angle. You need to be on top of your