Commercial banking

Big Four KPMG announced its new Tariff Modeler to help prepare for and respond to trade policy changes. It also announced an equity investment in Llamadex.

Bringing in new clients is rapidly becoming a team sport at accounting firms.

The IRS continued layoffs, changed its acting commissioner, and ended its Direct File program as Tax Day arrived.

Anupam Gupta is chief product officer at Applied Systems Inc. He is responsible for the company's product vision and product management teams. Formerly CPO at 4C Insights, a sophisticated Data & Analytics SaaS provider to the AdTech/MarTech industries, which was acquired by Mediaocean, the mission-critical platform for omnichannel advertising with more than $200 billion in annualized media spend managed through its software, connecting the ecosystem of agencies, brands, media, technology, and data. As CPO of the combined companies, he spearheaded their product transformation to the cloud, adding new products fueled by data and intelligence infused in the core workflow. Previously, he led product organizations for several tech companies, including at Vubiquity, Mixpo, and Microsoft among others.

The new combination, backed by PE firm DFW Capital Partners, will create a $170 million Top 100 Firm with over 1,000 professionals.

Donald Trump's promise to strip Harvard University of its tax-exempt status prompted criticism from former IRS commissioner Charles Rettig.

Asset tokenization, the creation of digital ownership representations for diverse assets on blockchain and DLT platforms, is a transformative force in finance.