INSIGHT
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In supporting the Illinois CPA Society’s mission of “enhancing the value of the CPA profession,” and serving as a voice backing the Society’s broader initiatives, INSIGHT Magazine and its family of supporting publications aim to encourage and inspire Illinois’ accounting, business, and finance professionals to create positive change in their professional and personal lives and communities through relevant, meaningful, and insightful thought leadership, news, and information.
INSIGHT is published quarterly, with issues in the Spring, Summer, Fall, and Winter. INSIGHT is free to members of the Illinois CPA Society. INSIGHT is available in print, online and as a digital edition. Source
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Media Outlet details
| Scope | International, Trade/B2B |
|---|---|
| Language | English |
| Country | United States of America |
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| Frequency | Quarterly |
Recent Articles
Search ArticlesCPA Endowment Fund of Illinois Awards Record Accounting Tuition Scholarships
The record $161,000 in tuition scholarships will support 61 accounting students at 23 colleges and universities during the upcoming academic year.
The Premium Roth Conversion: Turning IRA Income Into Tax-Free Wealth
For certified public accountants (CPAs) working with clients who hold substantial qualified retirement accounts, the math of required minimum distributions (RMDs) can be quietly alarming. A client who’s diligently saved $1 million or more in a traditional or rollover individual retirement account (IRA) or 401(k) hasn’t actually saved that amount—at least not in after-tax terms.
How to Price Strategic Value in a CAS Model
Hourly billing in client accounting services (CAS) engagements creates a set of conditions that most firms recognize but rarely examine: The client watches the clock, the team tracks increments, and the conversations that would build a deeper relationship shorten or disappear altogether. Every interaction carries an implicit cost, and both sides (the firm and the client) behave accordingly. Under this pricing model, scope becomes the central governing mechanism.
5 Tax Planning Moves to Make Due to the One Big Beautiful Bill Act
A higher SALT cap, no tax on tips and overtime, and a new $6,000 senior deduction reshape 2026 planning. The Illinois CPA Society shares five moves taxpayers should make now. CHICAGO, May 11, 2026– Tax Day has come and gone, but that doesn’t mean your taxes shouldn’t stay top of mind. This year’s tax season was the first to fall under H.R. 1, the One Big Beautiful Bill Act (OBBBA), the sweeping tax legislation signed in July 2025.
The Middle Reimagined: How Mid-Sized Firms Can Compete in a Consolidating Market
Accounting firm tie-ups are reshaping the profession, but experts say strategy instead of size will determine who thrives. Spring 2026 For years, conventional wisdom has warned that consolidation in the profession is hollowing out the middle tier of certified public accounting (CPA) firms, limiting options for clients and accounting careers. But experts say the reality is more nuanced: The middle isn’t disappearing—it’s being reshaped.
A CPA’s Guide to Not-for-Profit Board Service
Not-for-profit (NFP) board service is one of the most impactful ways certified public accountants (CPAs) can leverage their professional skill sets while making meaningful contributions to their communities. Whether you’re looking to advance a cause you care about, expand your network, build leadership skills, or amplify your organization’s community presence, joining an NFP board offers a powerful avenue for making a difference.
CPA Mobility: Meeting Change With Confidence
As CPA licensure mobility rules shift across the country, here’s how licensees and firms can stay compliant as things evolve. Spring 2026 In 2025, Gov. J.B. Pritzker signed House Bill 2459 into law, amending the Illinois Public Accounting Act to establish two additional certified public accountant (CPA) licensure pathways. Beginning Jan.
Illinois CPA Society Names 2026 Award Recipients
The Society’s annual awards celebrate those making a positive impact on the accounting and finance profession. CHICAGO, April 21, 2026– The Illinois CPA Society (ICPAS)—one of the largest state societies serving the certified public accountant (CPA) community—is pleased to announce the honorees of its annual awards program, which celebrates distinguished leaders within the accounting and finance profession.
Illinois CPA Society to Host Not-for-Profit Symposium in Chicago
Featuring experts from leading organizations, this event offers insight, perspective, and connections for professionals navigating today’s evolving not-for-profit environment.
3 Ways to Make the Most of Your Tax Refund
These tips from the Illinois CPA Society can help you make a tax refund go further. CHICAGO, April 16, 2026– Tax Day is officially behind us, and if you’re getting a tax refund this year—which were predicted to be about 10% higher due to provisions in the One Big Beautiful Bill Act—hopefully it’s already in your bank account or will be shortly. Whether large or small, there are some smart money moves you can make with your tax refund to set yourself up for long-term financial success.