Tax Take on Restaurant Apps

It’s 8 am and I’m standing in line at the Starbucks down the street, fixated on my iPhone. I give the barista my order, Caramel Macchiato, and go back to checking my email and surfing the internet. If I look up, I’ll see smart phones in hands and customers sipping lattes, glued to their laptops and tablets.

Bennett Thrasher Closes Union with Taylor Consulting Group

Bennett Thrasher LLP and Taylor Consulting Group announce the closing of their agreement to combine the two organizations effective July 1, 2014.The combination greatly enhances and strengthens Bennett Thrasher’s Disputes, Valuation, & Forensics department.

Bennett Thrasher Partner Chris Benner Panelist at GRAMMYfutureNOW

In April, Chris Benner, along with Jini Thornton – CEO at Envision Business Management Group, Al “Butter” McLean – Sr VP at Kobalt Music Publishing America, Inc., and Rob Parker – CEO at Southern Ground discussed financial planning, tour accounting and tax issues facing music professionals at the all-day event presented by The Atlanta Chapter of The Recording Academy.

Betsi Barrett Discusses R&D Tax Credits on the Dana Barrett Show

Bennett Thrasher’s own Betsi Barrett was a guest on The Dana Barrett Show discussing the new positive changes to Georgia’s R&D tax credit. Betsi also talked about other Federal and state tax credits and incentives companies should be looking into and discussing with their tax professional.

How Can Start-ups Benefit from a Research & Development Tax Study?

For many start-up companies money is tight and income (if any) is low. Since these companies are not paying any federal or state income tax, they are not interested in spending money to perform Research & Development (R&D) tax credit studies even though the credits could be carried forward and used in future taxable years.

Georgia Proposes New Sales and Use Tax Regulations for Restaurants

On May 16, 2014, the Georgia Department of Revenue (“DOR”) released Notice SUT 2014-002 which serves as notice that the DOR plans to adopt a new set of sales and use tax regulations pertaining to restaurants and similar establishments. The DOR has accepted comments on the proposed regulations but it is still to be determined when and in what form the regulations may be adopted.

Page 4 of 8