Deloitte Tax has acquired specific assets from Trust Processing Solutions (TPS) to enhance its Institutional Trust Group (ITG) and fiduciary tax compliance teams. This acquisition aims to position Deloitte Tax as a top provider of fiduciary tax services in the US by combining ITG’s capabilities with TPS’s expertise. The integrated team will offer services for charitable organizations, individuals, gifts, estates, and information reporting. TPS managing partner Doug Hart looks forward to the new chapter with Deloitte Tax, citing the opportunity to deliver greater value to clients with combined experience and industry knowledge.

Read more at Yahoo Finance: Deloitte acquires certain assets of TPS in US