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Tax

01/29/2025

Avantax Acquires Assets of Longtime Affiliate Sweeney Kovar LLP with Approximately $180 Million in Assets Under Administration

Comprehensive tax and financial planning firm stays with Avantax to help ensure consistency of service for their clients while paving positive career paths for their employees

01/10/2025

Trump Has Promised to Lower Taxes: Will It Actually Make You More Money?

Tax breaks were a big issue on the campaign trail, and Congress will be focusing on ways to cut taxes and prevent tax increases that are currently scheduled to take effect in 2026.

12/19/2024

Grant Thornton’s Partho Ghatak named a ‘Top Global Chief Information Security Officer’ by Cyber Defense Magazine

Ghatak possesses more than 20 years of experience leading technology implementations and information security efforts.

12/11/2024

ZEDRA joins forces with leading US Fund Solutions provider, Gryphon

Both companies will work closely together to ensure a smooth transition for all clients and employees.

12/03/2024

Rediscovered US tax treaty finds new home in national archives

The treaty was a pivotal document, underpinning Bermuda's success as a premier insurance and reinsurance hub.

11/20/2024

Allworth Boosts Tax Services with Acquisition of Bay Area CPA Firm

“CCA has an exceptional tax team that will help us meet that demand and better serve our clients.”

11/07/2024

$6.5B Callan Family Office Launches Tax Overlay Program

The RIA has taken a stake in Aris Investing, a tech-enabled SMA platform, which is powering the new program.

10/09/2024

IRS Whistleblowers' $74 Million Payout Shows Two Years of Reform

The IRS program for years has endured criticism about low payouts and rising process times.

10/02/2024

The legal framework for the United States and United Kingdom cross-border tax compliance

Under the treaty, various types of earnings, such as dividends, interest and royalties, are charged only in the country of residence or at reduced rates in each location.

09/25/2024

Cardinal Point Wealth Management Warns of Major Estate Tax Exemption Changes in 2025

The TCJA temporarily doubled the federal estate tax exemption

09/24/2024

REDW Advisors & CPAs acquires Hatcher Financial

The acquisition increases REDW's Phoenix office team to 114 members and nearly 350 across its broader network.

09/12/2024

Asset Reality and Taxbit Partner to Enhance Digital Asset Seizure and Management

New partnership brings industry-leading expertise and comprehensive asset management solutions to streamline the manual process of asset seizures.

09/12/2024

Canadian government owns Scots property via tax haven

Aimco “invests globally on behalf of pension, endowment, insurance and government fund clients in Alberta” and manages £90bn in assets.

09/09/2024

Treasury recovers $1.3 billion in unpaid taxes from high-wealth tax dodgers

In 2023 and 2024 the IRS launched a series of initiatives aimed at pursuing high-wealth individuals who have failed to pay their tax debts.

06/27/2024

Switzerland and United States agree on mutual exchange of financial account data

Implementation of the FATCA agreement requires national law to be amended.

05/24/2024

Billionaire Tax Rejected by US Causes Split Ahead of G-7 Meeting

The United States has pushed back on a global minimum wealth tax on billionaires.

05/22/2024

Fairness, Transparency, and Enforcement: FACT’s Principles for Taxing U.S. Multinational Corporations After 2025

To preserve popular tax cuts for low and middle-class earners, Congress will look to offset with other revenue sources, including improvements to how multinational corporations are taxed.

05/22/2024

Bank of America appeals IRS win in $163 mln bank merger tax fight

The bank sued the IRS in North Carolina federal court in 2017, claiming it was owed tax-related interest related to a series of mergers.

04/23/2024

The Federal Government Offers To Wipe Out Your Tax Debt Through New IRS Fresh Start Program

The IRS now has more flexibility when analyzing a taxpayer’s ability to pay back taxes.

03/19/2024

Citi's new global head of STIRT trading is calling for a wealth tax

Citi didn't respond to a request to comment on Singal's new role or on his calls for higher taxation.

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