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Management Company Series: Tax Planning to Reduce Taxable Income

Withum

This election helps partners, members, or shareholders deduct more state taxes beyond the $10,000 limitation on their federal returns. States offering this option include California, Connecticut, Illinois, New Jersey, and New York.

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Special Report: 2025 Readers’ Choice Awards

CPA Practice

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions. million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

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On the move: HCVT hired CAS co-leader

Accounting Today

CANADA CPA Canada and FP Canada, Toronto, signed a new memorandum of understanding to enhance collaboration between the accounting and financial planning professions, offering professional accountants who are part of CPA Canada opportunities to enhance their credentials, along with improved access to FP Canada courses and conferences.

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Inside GASB's far-reaching agenda

Accounting Today

EDT 18 Min Read Facebook Twitter LinkedIn Email GASB headquarters in Norwalk, Connecticut Courtesy of GASB Enjoy complimentary access to top ideas and insights — selected by our editors. All rights reserved.

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Professionals on the Move – July 2025

CPA Practice

Schulten is a 2006 graduate of the Georgetown University Law Center with a concentration in Securities and Financial Regulation and holds a bachelor of arts in history with honors from Trinity College in Connecticut. He is admitted to the New York State Bar and the U.S. Supreme Court. Thanks for reading CPA Practice Advisor!

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Tax Fraud Blotter: Boundless energy

Accounting Today

Connecticut: Attorney Scott M. Hartford, Connecticut: Tax preparer Clyde Gibson Jr., 43, has pleaded guilty to tax fraud. From at least 2015 into 2024, Gibson was a tax preparer under the name Build Understand Destroys LLC. All rights reserved. Fulton, Agoura Hills, indefinite from March 18, 2025; CPA Mark L.

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The state of the 'Big Beautiful Bill' and more

Accounting Today

You had a lot of Republicans from the high tax states, New York, New Jersey, Connecticut, Illinois, California. All rights reserved. We know New York, but, Neil Fishman (17:57): But the big thing was Dan Hood (17:58): New Jersey, Illinois, California all have Neil Fishman (18:01): Similar places.