What is recurring revenue? It’s the revenue you can depend on generating, year after year, with a high degree of certainty. It’s the repeat business or long-term contracts you’ve established with clients who know and trust your business.
Bennett Thrasher LLP, one of the top 100 full-service public accounting and consulting firms in the country, announced today the creation of a new Business Transformation Services Practice. The new service offering will provide outsourced financial operations to business owners, implementing best practice techniques at the intersection of software and accounting. John Yeager will lead the new Bennett Thrasher practice.
Favorable economic conditions alongside baby boomers looking to exit their businesses over the next ten years have resulted in an active M&A market. While there are many exit options, business owners should consider a recapitalization using a private equity firm.
Bennett Thrasher LLP, one of the largest full-service public accounting and consulting firms in the country, has promoted three directors to partner: Chris Frederick, Gina Miller and James Parks. They are directors in dispute, valuation and forensics; and international tax practices, respectively.
Bennett Thrasher’s Kristin Ethridge, Jimmy Lee, and Eboni Moss recently attended the AICPA Diversity Pipeline Symposium in Atlanta. This unique symposium gathered firms, educators, and students from across the country to collaborate and discuss diversity in the accounting profession.
Baby Boomers are retiring in record numbers and many baby boomer business owners will be looking to exit their businesses over the next ten years
In the landmark decision of South Dakota v. Wayfair, Inc., the US Supreme Court overturned the Quill physical presence standard, deeming it “unsound and incorrect.” In turn, the Court upheld South Dakota’s economic nexus law, which requires companies to collect sales tax when their sales or the number of transactions with the state exceed certain thresholds.
Bennett Thrasher LLP, one of the top 100, full-service public accounting and consulting firms in the country, is pleased to announce it has been named a finalist for the Industry Partner of the Year category of the 2018 Georgia Restaurant Association Crystal of Excellence (GRACE) Awards.
Bennett Thrasher LLP, one of the top 100, full-service public accounting and consulting firms in the country, announced today the formation of a new practice group: Value Acceleration and Exit Planning Services, providing comprehensive exit planning consulting that includes valuation, corporate tax, personal tax, wealth advisory, transaction advisory, audit and assurance consulting, and operational support for business owners planning to transition out of their businesses.
The Tax Cuts and Jobs Act (“TCJA”) of December 2017 makes several significant changes to the deduction for meals and entertainment related to a taxpayer’s business.
Nationwide, 4.1 million Americans pay more than $10,000 each in property taxes alone, according to ATTOM Data Solutions. The itemized deductions of many taxpayers stand to be severely limited with the new $10,000 cap on state and local taxes enacted as part of tax reform in December of 2017, especially if multiple personal real properties are owned.
In a recent article published in Accounting Today, James Pickett and James Parks provide insight on how businesses of all sizes are looking for guidance following the major changes to the Tax Cuts and Jobs Act. Pickett and Parks explain the reason for the most significant tax legislation in 30 years.