The well-oiled firm; refundable credits in states; taxing settlement money; and other highlights from our favorite tax bloggers.
Day: July 29, 2025
IRS sends letters to federal employees about delinquent taxes
The IRS has been mailing out letters to federal workers saying they are among 525,000 current and former employees who owe back taxes.
Chicago mayor floats reviving corporation tax
A so-called corporate head tax is “on the table” as officials look for funds to help close back-to-back yearly shortfalls topping $1 billion.
Grant Thornton adds outsourcer Auxis
Top 10 Firm Grant Thornton added Auxis, which offers Latin American outsourcing, to its U.S.-based advisory practice, Grant Thornton Advisors.
Deadly mass shooting leads to evacuation at KPMG building
A deadly shooting occurred Monday evening in Midtown Manhattan at a building where KPMG offices are located.