The U.S. Small Business Administration (SBA) is offering long-term, low-interest federal disaster loans for working capital for small businesses and private, non-profit organizations affected by the coronavirus (COVID-19) throughout the United States and associated territories.
The coronavirus (COVID-19) pandemic has already had a major impact on the U.S. economy, and certain industries – including construction – are among the hardest hit.
As the coronavirus (COVID-19) rapidly spreads within the U.S., how do business leaders ensure continuity during this pandemic? Employee, customer and vendor safety is paramount, but as more activities are canceled and face-to-face meeting aren’t advised, how can business leaders take steps to continue serving their customers? While many employers are encouraging employees to work from home, that’s not always possible for industries like manufacturing, retail and many others.
On March 18, 2020, President Trump signed the Families First Coronavirus Response Act to provide affected individuals with paid sick and family leave and create tax credits for employers effected by the coronavirus. Effective 15 days after enactment (March 18, 2020), the Act creates a new category of benefits available until December 31, 2020. Please find the highlights of the new law below.
Treasury Secretary Steven Mnuchin tweeted today that the April 15, 2020 tax return filing deadline will be postponed until July 15, giving all taxpayers an additional three months to file their returns and make tax payments without interest or penalties. We are waiting for clarity on how today’s statement will modify guidance previously released and will provide additional details as they are made available.
With the everchanging COVID-19 pandemic, “threat actors” are increasing their focus on Phishing emails and other creative methods of attack. To assist in securely communicating with Bennett Thrasher or any other company/individual, we wanted to provide these helpful safety tips when communicating sensitive information over the internet.
In the 2020 edition of Accounting Today’s Top 100 Firms, Bennett Thrasher is ranked as the 74th largest accounting firm in the nation – moving up four spots from 2019 – based on the firm’s revenue and growth over the past year. Accounting Today’s Top 100 Firms list annually ranks the largest accounting firms in the United States and regions across the nation.
The Atlanta Business Chronicle recently published an article that captures M&A insights from a panel discussion at ACG’s 2020 Atlanta Capital Connection. Bennett Thrasher Partner Vijay Vaswani moderated the conversation and strategic dealmakers from Burr & Thurman, LLP, McGriff Seibels & Williams, Cox Enterprises, Cardlytics and Argenbright Holdings elaborated on current themes and trends in the industry.
Brian Sengson, DiAndria Green and David Greenberg, advisors within Bennett Thrasher’s State and Local Tax group, were recently published in the Fall edition of Mercer Law Review’s Annual Survey of Georgia Law. Their article, State & Local Taxation: A Two Year Survey, summarizes the most critical and comprehensive changes to Georgia tax law from June 2017 to May 2019.
Bennett Thrasher Partner Peter Stathopoulos will be featured as a panelist at the upcoming Georgia Production Partnership (GPP) South Georgia Regional Meeting, coined “Attracting Productions to South GA.” Each year, GPP hosts the South Georgia Regional Meeting to showcase the immense opportunity that the film industry brings to the state.