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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.
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: Taxpreparer Gretchen Alvarez, 49, has pleaded guilty to preparing and filing false income tax returns. All rights reserved.
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.
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.
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.
Practice management Top 100 Firms Growth strategies MORE FROM ACCOUNTING TODAY Practice management Katz, Sapper & Miller adds MichaelSilver Katz, Sapper & Miller, a Top 50 Firm based in Indianapolis, has formally entered the Chicago market by adding MichaelSilver, an advisory, tax and assurance firm in Deerfield, Illinois.
Withums perspective complements our existing expertise, offering more expansive solutions in technology, automation, cyber and information security services, as well as enhanced tax and international service capabilities." In June, Withum acquired PKF Texas , based in Houston, and in April, it added CTM CPAs in Lincolnshire, Illinois.
ILLINOIS Marc Chase was hired as private equity practice leader at Grant Thornton, Chicago. The Illinois CPA Society announced it is hosting its annual education event for accounting and finance professionals, ICPAS Summit, at the Donald E. All rights reserved.
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.
ILLINOIS Jennifer Witts was hired as a partner in the client advisory services practice at CohnReznick, Chicago. All rights reserved. Nomination information is available here. FLORIDA Stefano Comotti was appointed chair of the global board of the Institute of Internal Auditors, Lake Mary, for 2025-26.
Illinois: Attorney Matthew E. Hartford, Connecticut: Taxpreparer Clyde Gibson Jr., 43, has pleaded guilty to tax fraud. From at least 2015 into 2024, Gibson was a taxpreparer under the name Build Understand Destroys LLC. He prepared thousands of federal returns, many of which claimed false deductions.
ILLINOIS Elliot Findlay was named the new chief operating officer and a member of the executive committee at Grant Thornton, Chicago, succeeding Jim Peko, who is now the firms CEO. All rights reserved. The investment will support NABAs flagship initiatives, which include Pathway to College and Accelerated/Accounting Career Awareness Program.
ILLINOIS Mary Joyce and John Betz were promoted to partners and Cindy Becker and Brianna Matura to principals at Friedman + Huey, Frankfort. All rights reserved. Andre Chammas was hired as a partner in the private client services practice at CohnReznick, Miami.
By Michael Cohn 5h ago Practice management Katz, Sapper & Miller adds MichaelSilver Katz, Sapper & Miller, a Top 50 Firm based in Indianapolis, has formally entered the Chicago market by adding MichaelSilver, an advisory, tax and assurance firm in Deerfield, Illinois. All rights reserved.
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. Financial terms of the deal were not disclosed.
There were corporatetax provisions which were permanent, (02:20): And there were the individual and estate provisions, which under that law are scheduled to sunset at the end of this year. You had a lot of Republicans from the high tax states, New York, New Jersey, Connecticut, Illinois, California. All rights reserved.
Dolton, Illinois: Taxpreparer Byron Taylor, of Homewood, Illinois, has pleaded guilty to preparing and filing false individual income tax returns for clients and for himself. He owned and operated We Are Taxes and boasted that "Everyone Gets a Check!" All rights reserved.
Grand Prairie, Texas: Four taxpreparers convicted of defrauding the IRS of nearly $8 million have been sentenced to a combined 105 months in prison. Adenisimi pleaded guilty last year to falsely preparing returns and admitted to fraudulently obtaining two Paycheck Protection Program loans totaling $760,415. All rights reserved.
NYC Local Law 144, for example, has different requirements for measuring bias than the state laws requiring bias assessments in Colorado and Illinois. All rights reserved. Even when the objectives align, the specific requirements may still vary across jurisdictions: For example, various U.S.
By Michael Cohn 5h ago Practice management Katz, Sapper & Miller adds MichaelSilver Katz, Sapper & Miller, a Top 50 Firm based in Indianapolis, has formally entered the Chicago market by adding MichaelSilver, an advisory, tax and assurance firm in Deerfield, Illinois. All rights reserved.
GEORGIA Shelly Carmichael Smith + Howard, Atlanta, launched two new tax practices: site selection + incentives, led by Shelly Carmichael, and state and local income tax consulting, led by Brandee Tilman. ILLINOIS Jason Van de Loo was appointed CEO at Choreo, Chicago. All rights reserved. Read the full story.)
By Michael Cohn 5h ago Practice management Katz, Sapper & Miller adds MichaelSilver Katz, Sapper & Miller, a Top 50 Firm based in Indianapolis, has formally entered the Chicago market by adding MichaelSilver, an advisory, tax and assurance firm in Deerfield, Illinois. All rights reserved.
The Trump administration in April paused $790 million in research funding for the Evanston, Illinois-based school because of potential civil rights violations. All rights reserved.
At least five of the 13 states where groceries were taxed as of last Jan. 1 passed laws to reduce, eliminate or ease the pinch—Kansas, Virginia, Illinois, Tennessee and Idaho. They’re needed as part of the revenue system, or because [elected officials] would rather cut other taxes,” such as the income tax, Auxier said.
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