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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.
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: 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.
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.
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.)
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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