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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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Professionals on the Move – June 2025, Part II

CPA Practice

Kurkowski is a graduate of University of Illinois at Urbana-Champaign and a member of the American Institute of Certified Public Accountants and Illinois Society of Certified Public Accountants. Thanks for reading CPA Practice Advisor!

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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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AICPA News – July 2025

CPA Practice

Matthew DiMillo (Illinois), a graduate of Illinois Wesleyan University with a Bachelor of Science in accounting, is employed with Mowery & Schoenfeld in Lincolnshire, IL. Gail Cole Leave a Reply Cancel reply Δ Mary Girsch-Bock Contributing Writer Mary Girsch-Bock is a graduate of the University of Illinois-Chicago.

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

Accounting Today

Platform Accounting expands in Chicago Platform Accounting Group building in Holladay, Utah Platform Accounting Group has added Madison Street Advisors, formerly known as McCormick Tax Group, based in downtown Chicago, extending Platforms footprint in the Midwest. All rights reserved. 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.