Our Insights


Make well-informed decisions by getting the inside scoop from Selden Fox experts on recent news topics and industry updates.

When Is It Time to Consider Outsourcing Your Accounting?

There is no denying that the entrepreneurial spirit is alive and well in corporate America. A revolutionary idea for a life saving device, a new manufacturing process that sav ... Read more

The Asset Approach to Business Valuations

Determining the value of a business is an essential exercise for many reasons. In many cases, a valuation is conducted because the business is involved in a sale or acquisitio ... Read more

Benefits of Outsourced Accounting

Billing, payroll, reporting, and other bookkeeping responsibilities are easy tasks for business owners to ignore—until doing so causes serious repercussions. Often business ... Read more

Take Charge of Your Student Loans

Another school year will come to a close next month, and the graduating Class of 2017 will emerge into the real world. Many graduates will join the shocking number of American ... Read more

Changes to IL-941 Form For Illinois Payroll Tax Reporting

The first quarter for 2017 is coming to an end which means that payroll tax returns will soon be due. With a new year, come new rules and regulation changes to the Illinois pa ... Read more

Should You and Your Spouse Ever File Separate Tax Returns?

Married couples have the option of filing jointly or separately on their income tax returns. Your filing status determines how much your standard deduction will be, what your ... Read more

Remember RMDs this Tax Season

Did you know that, once you turn age 70½, you must start taking mandatory annual withdrawals from your traditional IRAs, including any simplified employee pension (SEP) accou ... Read more

Illinois Employee Sick Leave Act Expands How Sick Is Time Used

As of January 1, 2017, Illinois employers who offer paid sick time to eligible employees are subject to the Illinois Employee Sick Leave Act (“Act”). The Act requires empl ... Read more

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