Bennett Thrasher partner Cory Bennett recently authored an article examining how new GAAP exceptions can benefit construction companies for Constructor magazine.
Construction Executive magazine turned to Scott Hazy, Partner in Bennett Thrasher’s Financial Reporting and Assurance practice, and Justin Snell, Director in Bennett Thrasher’s Disputes, Valuation and Forensics practice for expert insight in an article they authored, “Cyber-Phishing in the Construction C-Suite.”
On December 18th, President Obama signed into law the Protecting Americans From Tax Hikes Act of 2015- the PATH Act. The product of eleventh-hour negotiations between Congressional leaders and the White House, the legislation makes permanent many popular tax incentives for individuals and businesses, providing tax certainty for those who were annually concerned if tax benefits were going to be extended.
With Notice 2015-82 released November 24, 2015, the Internal Revenue Service (IRS) has provided guidance which increases the safe harbor threshold to $2,500 for deducting capital expenditures for taxpayers that do not prepare an applicable financial statement (e.g. audited financial statement
The Bipartisan Budget Act of 2015 has recently made changes to the “file and suspend” and “restricted application” social security benefits. These changes are some of the most significant changes to the benefits of social security in recent years.
The IRS recently issued Revenue Procedure 2015-56, which gives operating retail or restaurant businesses a safe harbor method for deducting and capitalizing remodeling or refresh project costs on qualified buildings (owned or leased).
In a recent issue of Accounting Today, Peter Stathopoulos, who leads Bennett Thrasher’s State and Local Tax Practice, was featured in the magazine’s lead article about handling tax controversy cases before the IRS.
On Oct. 16, 2015, Bennett Thrasher was recognized as Metro-Atlanta’s 7th largest employee benefits and compensation consulting and brokering firms.
Bennett Thrasher is pleased to announce the release of our 2015-2016 Tax Guide. The guide is intended to familiarize readers with recent key tax law changes and highlight certain tax savings opportunities.
Bennett Thrasher LLP is pleased to announce the addition of David H. Kloess as an audit partner. Kloess brings 30 years of technical and leadership experience to the accounting and financial services practice
The 2nd Circuit Court of Appeals has issued its decision on the appeal of developer Larry Silverstein’s company in the long-running World Trade Center litigation, reversing the District Court’s judgment that Silverstein was not entitled to further compensation.
The Financial Accounting Standards Board (FASB) voted yesterday to approve the long awaited and debated lease accounting overhaul.