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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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How To Make IL Dept Of Rev (IDOR) Business Tax And Extension Payments Online – UPDATED April 2025

Nancy McClelland, LLC

Did your accountant (possibly me) ask you to make a business tax payment for your Illinois pass-through entity, such as a Partnership or S-Corp — maybe an estimated tax payment or extension payment? If your payment information is saved in MyTax Illinois, you will see it as an option under Payment Channel.

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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.

Tax
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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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Growing pains at the highest-growth firms

Accounting Today

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.

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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.

Tax