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Have You Misclassified Employees As Independent Contractors?

An employer enjoys several advantages when it classifies a worker as an independent contractor rather than as an employee. However, there’s a potential downside.Read more >


No Bankruptcy Exemption For Inherited IRAs

A unanimous Supreme Court has held that inherited IRAs do not qualify for a bankruptcy exemption, i.e., they are not protected from creditors in bankruptcy. Read more >


Upcoming Healthcare Department Trade Shows & Speaking Engagements

Come see our Healthcare Department at one of the upcoming events Read more >


Employers: Have You Amended Your FSA Plan?

Healthcare Flexible Spending Accounts (FSAs) allow employees to redirect pretax income to an employer-sponsored plan that pays, or reimburses them for, qualified medical expenses not covered by insurance.Read more >


Don’t Lose Tax Benefits When Combining Business Travel With Vacation Pleasure

Are you thinking about turning a business trip into a family vacation this summer? This can be a great way to fund a portion of your vacation costs. Read more >


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Nothing is more valued than our relationships.

Collaborate with FR&R today.

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FR&R is a Chicago-based CPA and business advisory firm that goes beyond the numbers to provide audit, accounting, tax and consulting services to closely held and family businesses, professional practices, not-for-profit organizations and individuals.

…You Matter

So we listen. We communicate. Once we understand your aspirations, we provide the customized professional perspective, advice and services you need to succeed.