2020 | Page 3 of 12 | Bennett Thrasher Skip to main content
Blog Image

Fighting IRS Penalties: Mitigating the Delinquency and Failure-to-Pay Penalties

By Insights

Each year, the Internal Revenue Service assesses millions of tax penalties against individuals and businesses. If you have received an IRS penalty notice, you are not alone. In 2019, the IRS sent over 40 million penalty notices and assessed over 40 billion dollars in penalties. More than 60 percent of these penalty notices involved just two offenses: delinquency (failure-to-file) and failure-to-pay.

Read More
Blog Image

Important Takeaways for Single Audits Under the CARES Act

By Insights

There is no disputing that the intent of the Coronavirus Aid, Relief and Economic Securities (CARES) Act of 2020 is to provide immediate and tangible economic relief to American workers, families and small businesses. What has been less clear since its passage in March 2020 is how the acceptance of funds available through various CARES Act programs could impact single audit requirements.

Read More
Blog Image

Bennett Thrasher Named “Best of the Best Firm” by INSIDE Public Accounting for 2020

By News

Bennett Thrasher, one of the largest full-service public accounting and consulting firms in the country, has been named an INSIDE Public Accounting Best of the Best Firm for 2020. These top performers within the profession are ranked on more than 50 metrics. Best of the Best firms produce superior financial results while planning for long-term, sustainable growth.

Read More