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In the blogs: Breathing room

Accounting Today

Institute on Taxation and Economic Policy ( [link] ): State legislatures are enjoying a quiet time now, a temporary calm before the storm of the federal tax and budget debate begins raging again. Tax Foundation ( [link] ): Illinois policymakers should think twice before taxing GILTI. All rights reserved.

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Tax Fraud Blotter: Sick excuses

Accounting Today

EDT 6 Min Read Facebook Twitter LinkedIn Email By any other name; poor Service; a saga continues; and other highlights of recent tax cases. Rockford, Illinois: Tax preparer Gretchen Alvarez, 49, has pleaded guilty to preparing and filing false income tax returns. All rights reserved.

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M&A roundup: Meaden & Moore; Platform Accounting expand

Accounting Today

Last December, it added Midwest Advisors, formerly known as Philip+Rae & Associates, in Naperville, Illinois, and Crossroads Advisors, formerly Peachin Schwartz + Weingardt, in Indianapolis. All rights reserved. Last month, Platform added AKM Advisors , a firm based in New York. in Modesto.

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On the move: HCVT hired CAS co-leader

Accounting Today

ILLINOIS Rick Surett was named the new chief financial officer at Grant Thornton, Chicago, succeeding Muhammad Bhayat, who is retiring after more than 20 years at the firm. Louis and Decatur, Illinois, practice unit at Forvis Mazars. All rights reserved. MISSOURI Tony Spratte was named the next managing partner of the St.

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The tax benefits — and complexities — for business owners hiring kids

Accounting Today

Documents like a tax checklist compiled by the school, and IRS releases for students and summer employees could aid parents and youngsters navigating the rules, Kenady wrote. All rights reserved.

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On the move: Louis Plung & Co. names co-MP

Accounting Today

CALIFORNIA Evan Staggs Evan Staggs was hired as a partner in the tax practice at Weaver, Woodland Hills. ILLINOIS Joseph Bigane Joseph Bigane III was named the recipient of the Illinois CPA Societys 2025 Lifetime Achievement Award. All rights reserved. IDAHO Heath Alloway was hired as a growth partner at Sorren, Meridian.

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Tax Fraud Blotter: Boundless energy

Accounting Today

Illinois: Attorney Matthew E. 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. He prepared thousands of federal returns, many of which claimed false deductions.

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