GIMBEL ABRAMS + SINGER LLPCertified Public Accountants
Client Profile
Client Profile

Client Profile 1

We perform an annual certified audit for a grocery wholesaler headquartered in Florida. The company has gross revenues in excess of $750 million. Since the company is owned by an individual and qualified Subchapter S trusts for his minor children, tax planning is of paramount importance to him. We have served this client since its inception and were instrumental in obtaining its initial start-up financing as well as its current line of credit.


Client Profile 2

We perform an annual certified audit for an Illinois manufacturer. Through the use of foreign correspondent auditors, we incorporate in our report the operations of thirteen foreign branches.  We helped convert the company to S corporation status. This involved reorganizing certain foreign entities so as to maximize the flow-through of foreign tax credits.


Client Profile 3

We provide tax planning and compliance services for two senior partners in one of Chicago's largest law firms. Each individuals' income tax return includes reporting information from twenty to sixty partnerships. Tax planning services typically include charitable gift planning, timing of distributions from qualified retirement plans, minimization of alternative minimum tax attributable to exclusion preferences, year-end tax projections, etc. In addition, we provide accounting and tax services for trusts, charitable lead and remainder trusts and private foundations.


Client Profile 4

We perform tax and audit services for four 'funds of funds' created for the partners in one of Chicago's largest law firms.  Each fund typically invests in forty plus alternative investment partnerships, some of which are foreign partnerships.

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