Blog

Fourth Quarter Estimated Tax Payments

Upcoming tax deadlines.

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Giving Tuesday 2024

This December 3rd marks the 13th anniversary of Giving Tuesday.

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Year End Planning for Small Businesses

The end of year is an important time for small businesses. It is important because it is a great time to review your business operations and performance. Not only to prepare for taxes but also make plans for next year. So, what should you do and where should you start?

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Preparing for the Unexpected: Estate Planning in Uncertain Times

Uncertain times are inevitable and planning ahead is the best way to prepare yourself and your family for unforeseen hardships. When it comes to protecting your assets in economic ebbs and flows, the first line of defense is reviewing your estate plan to ensure you are utilizing the best strategies now and for the future.

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Estate Planning Month: Year-End Estate Planning Considerations

October is Estate Planning Month and now is a great time to consider spending some time reviewing your tax and financial situation to see if you are doing enough to prepare for the future.

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A Guide to the Corporate Transparency Act (CTA)

This guide summarizes the key requirements and exemptions of the CTA.

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What is the Difference Between Event Revenue and Restricted Donations, and Why Does it Matter?

Many organizations need help distinguishing between event revenue and restricted donations. This distinction ensures accurate financial records and compliance with regulations.

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IRS Tax Relief for Taxpayers in South Carolina, North Carolina, Florida, and Georgia

On August 9, 2024, the IRS announced tax relief for individuals and businesses in South Carolina, North Carolina, Florida, and Georgia affected by Hurricane Debby.

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ERC update: August 2024 Employee Retention Credit Update

Highlights from the recent ERC update

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How to Protect Your Loved Ones: Combating Elder Fraud

Florida had the second-highest number of complaints and losses, totaling $294 million. Georgia, Tennessee, and Alabama also saw significant complaints and financial losses.

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Strategic Tax Planning in Light of the Increased Estate and Gift Tax Exemption Sunset

The time to act is now, while the higher exemptions are still in effect.

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Protect your dealership from fraud and cyber threats

We partnered with Truist to help dealers develop strategies and tactics to combat fraud.

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Florida’s Reduced Commercial Rental Sales Tax

The Florida Department of Revenue recently released Tax Information Publication (TIP) 24A01-02 which announced a reduction in the state sales tax on the “total rent charged for renting, leasing, or granting a license to use real property” from 4.5% to 2% as of June 1, 2024.

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1099 Mid-Year Planning

We are halfway through the year and we all know how quickly time passes after the summer. Below are the top five things you can do now to make your January 2025 information reporting process go smoothly.

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Maximize Your Savings: Don't Miss Tax-Free Weekend on July 26th – July 28th

Are you looking to catch a financial break in these challenging times? Mark your calendars for the weekend of July 26th – July 28th because it's tax-free weekend in Tennessee.

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Tennessee Franchise Rehaul

The new legislation eliminates the minimum franchise tax base which was based upon the value of real and tangible property owned and rented in TN. Beginning with tax periods ending on or after January 1, 2024, the franchise tax will be based solely upon apportioned net worth.

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Top Five Issues Experienced During Field Work

Here are the top five issues experienced by auditors during field work and ways to resolve them to keep the efficiency you’ve already achieved.

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EV Update: U.S. Department of the Treasury Releases Final Guidance on Clean Vehicle Tax Credits

The final regulations don’t change the fundamentals of the tax credits that most electric vehicle consumers have grown familiar with.

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Exempt Going into Overtime

One of the largest and most stressful expenses for businesses is payroll. New legislation going into effect July 1st of this year has the potential to impact the payroll of businesses in all industries.

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Understanding the Impact of Workforce Reductions on 401(k) Plans

Employee turnover often triggers a wave of issues for a company and its human resources department. Even 401(k) retirement plans — one of the most sought-after employee benefits — can be impacted when a substantial number of employees are involuntarily terminated.

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Deadline Extended: Mastercard & Visa Interchange Fee Settlement

On December 13, 2019 the U.S District Court approved a $5.54 billion settlement to the plaintiffs in a class action lawsuit against Mastercard & Visa.

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