The top Wealth Magnet renamed its tax and consulting arm to Savant Accounting & Business Advisory and acquired two Illinois firms.
Savant rebrands tax arm, adds two Illinois firms
Savant Wealth Management rebranded its tax and consulting arm as Savant Accounting & Business Advisory and simultaneously acquired two tax firms, expanding its presence in Illinois.
Biggest foundations barely donate enough to charity
The largest private foundations are just barely exceeding the 5% statutory threshold for charitable donations, according to a new report.
IRS extends tax relief for farmers, ranchers affected by drought
Guidance offers an extension of tax relief for farmers and ranchers in 49 states and other regions who sold or exchanged livestock due to drought conditions.
Lawmakers introduce bill to stop fraudulent tax returns
The legislation aims to prevent submission of fraudulent returns before they’re e-filed by requiring tax software to verify EFINs are active and authorized.
Internal audit shifts toward high-risk areas like AI
The efforts of internal auditors are increasingly focusing on digital disruptions, especially from artificial intelligence, as well as geopolitical uncertainty.
