BizTimes Milwaukee

BizTimes Highlights Chortek’s Food and Beverage Niche Practice

milwaukee biztimes coverThe May 26th issue of BizTimes Milwaukee Magazine highlights Chortek’s concentrated focus upon the Food & Beverage Industry.

Business is good for craft beer brewers, bread makers and cheese meisters in Wisconsin and beyond… Chortek is serving up accounting and tax strategies to maximize their profits and ensure future growth.

Partner Mark Albrecht and Tom McRae, Director of Business Development discuss Chortek’s commitment to serving the specialized financial needs of this industry.

Read the complete BizTimes Milwaukee story here.

girl brushing her teeth

Putting a Smile on Kids in Waukesha County

Research shows that maintaining good oral health is important to children and adults alike. For children, dental decay impacts eating, growth and development, speaking and learning. In adults, unaddressed dental problems can lead to more serious health conditions such as heart disease, diabetes and respiratory disease. An unsightly smile can also impact on self-esteem, self-confidence and employability.

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Chortek Named a 2013 All-Star Firm

Chortek LLP is pleased to announce it has been named a 2013 All-Star Firm by INSIDE Public Accounting.

This is the third year Chortek has been ranked by INSIDE Public Accounting. “We are delighted to be recognized by INSIDE Public Accounting as an All-Star Firm. The ranking published by INSIDE Public Accounting affirms Chortek’s market leading capabilities in the area of accounting, tax, M&A, fraud investigation and technology service offerings and our strong commitment to provide a full suite of services that comprehensively help our clients grow and manage their businesses. We look forward to participating in INSIDE Public Accounting’s process again next year,” said Greg Junek, managing partner of Chortek.


Congratulations Doig Corporation

Chortek was a sponsor of this year’s Future 50 award show and we’re excited to congratulate Doig Corporation for winning an inaugural social media competition. In addition to the 50 awards that were handed out, a special award for “Future 50 Most Social Company” was presented to Doig Corporation.

Companies that participated in this contest run through Facebook selected a non-profit organization to represent in a public voting competition, and BizTimes Media awarded a cash prize and advertising package to the non-profit attached to the company that tallied the most votes.

As a winner of this competition, Doig Corporation selected Tailwaggers 911 to receive the cash prize.

Congratulations Doig Corporation and Tailwaggers 911!

Inc 500 5000 logo

Congratulations Inc. 500/5000 Clients

Inc. Magazine recently published their 32nd annual list of the top 500 fastest growing private companies in America. At Chortek, we are thrilled to congratulate our client, Patina Solutions for making the list. Since 2009, Patina Solutions has grown by 1,555 percent.

Inc. Magazine also released their 2013 Inc. 5000 List and we are thrilled to congratulate another client, Doig Corporation, for making the list.

Both Patina Solutions and Doig Corporation have demonstrated outstanding performance and are significant contributors to the local business landscape. At Chortek, we are honored to provide innovative, client-centric solutions that enable high growth businesses like these to excel.

Chortek Earns Microsoft Gold Certified Partner Status

Chortek LLP, a CPA and business advisory firm with a 65+ year legacy of serving private businesses and individual clients throughout the nation is excited to announce its technology consulting division has earned Gold Certified Partner status from Microsoft. For nearly 20 years, Chortek has provided clients with the exact software and hardware tools they needed to excel in their business endeavors. As a result, Chortek’s commitment to demonstrating the highest level of skill and achievement has landing the firm this prestigious award from Microsoft.

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Chortek Expands Waukesha Team

Chortek LLP, a CPA and business advisory firm with a 65+ year legacy of serving private businesses, governmental entities and individual clients throughout the nation is excited to announce the addition of eight new team members hired in various roles within our Accounting, Tax, Technology Consulting and Merger and Acquisition divisions.

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Chortek Announces Rebranding and Renaming Initiative

Chortek LLP, a CPA and business advisory firm with a 65+ year legacy of serving private businesses, governmental entities and individual clients throughout the nation is excited to announce a rebranding initiative and renaming of the firm. In 1947, Sam Chortek formed a small accounting firm. Roughly 30 years later, Don Gottschalk joined the firm and they appropriately named it Chortek & Gottschalk, LLP. Over 65 years later, a firm that started with two key partners is now approaching 60 staff members located throughout offices in Wisconsin, Illinois, and Washington, DC.

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Proposed Lease Accounting Changes Could Change Your Company’s Financial Picture

In August 2010, FASB (Financial Accounting Standards Board) and IASB (International Accounting Standards Board) released a joint exposure draft that would dramatically change lease accounting for both lessees and lessors by requiring all leases to be recognized on the balance sheet. Current standards allow leases classified as “operating” to be expensed as lease payments are made with no effect on the company’s balance sheet. The proposed change would eliminate operating leases and require substantially all leases to be recorded on the balance sheet as financings. Read More >

Age-Related Milestones

Below are important age-related tax and financial planning milestones that you should keep in mind for you and your family:

Ages 0-23: Kiddie Tax rules potentially apply to children’s investment income. A child’s investment income below the $1,900 threshold is taxed at favorable rates. However, excess income may be taxed at parent’s income tax rate.
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