5 Steps to Becoming Sales and Use Tax Compliant
Most U.S. states require businesses to collect and remit sales and use taxes even if the business has no in-state physical presence, only an economic
Fourth Consecutive Year – Vrakas/Blum Computer Consulting Named Sage Diamond Partner!
Vrakas/Blum Computer Consulting, LLC (VBCC), part of the Vrakas CPAs + Advisors family of companies, has achieved Sage Diamond Partner Status for the fourth year in
Welcome Interns of 2023!
Vrakas is excited to welcome its first intern class of 2023, and what a class it is! With 4 Brookfield interns and one for our
2023 Tax Deadlines
Individual Deadlines: January 17, 2023 4th Quarter 2022 estimated tax payment due. April 3, 2023 Required minimum distribution due if you turned 72 in
Welcome Andy Kamphuis
Vrakas New Hire Brookfield, WI – The public accounting and business advisory firm, Vrakas S.C., is pleased to announce the addition of Andrew A. Kamphuis
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,