Tailgating with The Varsity
Fall is in full force and so is football season. And what goes best with fall and football? The Varsity, of course! Enjoy these pictures from our firm’s Varsity Tailgate lunch.
No changes in healthcare yet, even with Trump executive order
President Trump signed an executive order this month that is being described in the media as a step in dismantling the Affordable Care Act. For now, however, healthcare remains business as usual. While the executive order signed Oct. 12 could result in some significant changes – such as greater access to association health plans and […]
IRS withdraws proposed rules impacting family businesses
Members of family-owned businesses avoided potentially costly estate planning rules now that the IRS has withdrawn controversial proposed regulations. The IRS proposed late in 2016 a new set of regulations governing family-owned entities under Section 2704. Conducting a formal business valuation of a closely held family entity is often a necessary part of estate planning. […]
Six things to remember when donating to charity
Whether it’s sponsoring an event, contributing to a worthy organization or donating items to a charity, many people give throughout the year. But, there are several things to remember when it comes to tax time. First, in order to claim a charitable deduction on your tax return, you must do two things: Have a bank […]
Tax relief offered for employers affected by recent hurricanes
Many lives and businesses were disrupted this fall with several significant hurricanes that tore through the Southeast. In response, the IRS is giving those in areas impacted by the storms extra time to file tax returns. But employers are also given another hand up with a new federal tax credit for eligible employees who were […]
You’ve frozen your credit but you need a loan. Now what?
There’s bad news about the Equifax security breach, and then there’s more bad news, particularly for those looking at pursuing financing loans in the near future. The bad news is the most obvious: As a result of a security breach at Equifax, one of the big three credit bureaus, personal information of 143 million Americans […]
Now is the time to prepare to send W-2s
It’s hard to believe, but 2017 is rapidly coming to a close, which means tax season is approaching. One of the important year-end tasks is preparing to send W-2s in January. As was the case for the 2016 tax year, employers again have an earlier deadline to file W-2s with the Social Security Administration. All forms […]
‘Unified Tax Reform’ now takes center stage in Congress
Congressional Republicans and the Trump Administration have unveiled what they are calling a “unified framework” for tax reform. While the specifics will likely change as it makes its way through the congressional process, we wanted you to be aware of some of the provisions that could have a direct impact on you. The tax reform […]
Family picnic
Our associates and their families enjoyed a beautiful day swimming, boating and eating good food at Brooks Lake in north Rockdale County. Here are some photos from the event:
Senate takes up tax reform, healthcare legislation
Two issues that will significantly impact every individual and business owner are beginning to gather steam in Congress: tax reform and healthcare legislation. Healthcare As reported by Reuters, Senate Majority Leader Mitch McConnell (R-KY) plans before the end of the month to bring up for a vote in the Senate the Graham-Cassidy-Heller-Johnson bill, which would […]