In the Southeast Middle-Market M&A Newsletter for Q1 2022, Bennett Thrasher’s Transaction Advisory Services leaders provide data and highlights for Southeast (Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, South Carolina and Tennessee) middle-market (total transaction value < $USD 500mm) M&A transactions, including volume, value and enterprise value multiples.
Jeff Call, Partner in Bennett Thrasher’s PFS practice and member of the Forbes Finance Council, recently provided insight in a Forbes article titled, “15 Ways Retiring Business Owners Can Protect Themselves and Their Families.”
Before the tectonic shift felt by businesses and industries across the U.S. due to the pandemic, our team was spending thousands of hours and budget on one task. Nine Bennett Thrasher associates monitored, manually opened, downloaded, logged and updated billing codes to confirm and initiate signed client engagement letters.
Bennett Thrasher, one of the largest and fastest-growing certified public accounting and consulting firms in the country, is pleased to announce that it has been recognized in two categories of the Daily Report’s Best of 2022 Reader Survey. The firm was voted the #1 in the category of Business Accounting and recognized as one of the Top Three Full-Service Accounting Firms.
Jeff Call, Partner in Bennett Thrasher’s PFS practice, has been chosen for the Forbes Finance Council and was recently featured in one of its articles sharing common missteps in building personal wealth. The Forbes Finance Council is an invitation-only association for senior-level financial services leaders and executives. Members of the council are respected leaders and executives, who are chosen for the council based on the depth and diversity of their experience in the financial services industry.
In the early stages of the pandemic, state revenue forecasts anticipated losses of approximately $370 million (a decrease of over 40%). Amidst these changes, states looked to evolve their existing tax laws to bridge the anticipated budgetary shortfalls.
In the height of the COVID-19 pandemic, the Secretary of the Department of Health and Human Services decided to waive many of the restrictions found in the Physician Self-Referral Law, more commonly known as the Stark Law. The primary intent of the waivers was to increase access to healthcare for those who needed it most due to COVID-19.
On April 27, 2022, the IRS issued proposed regulations intended to provide additional clarity on the estate and gift tax “anti-clawback” provision adopted by the Service in late 2019. The proposed regulations would exclude certain lifetime gifts that are treated as includible in the donor’s gross estate from the favorable treatment provided by the anti-clawback rules.
Governor Kemp ended Georgia Small Business Week by signing HB 1058, which permits affiliated corporations in Georgia to elect filing a consolidated income tax return for tax years beginning on or after January 1, 2023.
BT alumni are doing exciting things and we want to share a few of their stories with you. Our next spotlight is Don Bravaldo, Founder and President of Bravaldo Capital Advisors and previously an auditor at BT. Check our interview with Don below and be sure to view his pictures from his time at BT!