IRS Hurricane Relief Alert

On September 19, 2017, the Internal Revenue Service extended disaster relief for taxpayers affected by Hurricane Irma to all 159 counties in the state of Georgia. The announcement was issued shortly after the President declared a state of emergency in Georgia and authorized federal relief efforts.

Two Important Sales Tax Developments You Need to Know About

1. Merely Selling to Customers in Certain States Likely Results in a Sales Tax Issue
Businesses must have a “physical presence” (e.g., an employee) within a state before they are required to charge sales tax to in-state customers, according to a landmark 1992 U.S. Supreme Court case.

Bennett Thrasher Foundation Annual Report

Bennett Thrasher is pleased to announce the issuance of the FY 2017 Bennett Thrasher Foundation Annual Report. The purpose of the Annual Report is to share both the accomplishments and impact the Foundation has made in the local community. Throughout FY 2017 the Foundation distributed over $227,766 in grants benefiting numerous non-profit organizations located primarily in the […]

New Guidance For the R&D Tax Credit You Need to Know About

Beginning in the 2016 tax year, start-ups or new businesses could potentially claim the Research and Development (“R&D”) tax credit against federal payroll withholding. This is extremely beneficial as new businesses often do not owe any income taxes and thus, were unable to utilize their federal R&D tax credits.

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