What is NIL? Name, Image, and Likeness (“NIL”) rights are a part of the right of publicity, which is designed to prevent unauthorized commercial use of an individual’s identity, including…
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Effective management and accounting for trusts and estates is essential for ensuring compliance, maintaining fiduciary responsibility, and building trust with clients and beneficiaries. Accurate trust accounting practices not only prevent…
Navigating the complexities of state and local taxes (SALT) has become a pressing issue for businesses, especially as regulations evolve and states implement new laws to address fiscal needs. The…
The business landscape is continuously evolving, with companies facing increasing competition, advancing technologies, and a rapidly changing regulatory environment. One of the most crucial aspects of staying competitive in this…
Expanding into new states can unlock immense opportunities for businesses, from tapping into new markets to increasing revenue potential. But along with these advantages come added layers of complexity—particularly in…
Managing sales tax for SaaS (Software as a Service) businesses is anything but straightforward. SaaS companies typically offer services and products across various regions, which complicates their tax responsibilities. Unlike…
Due to a recent law change, taxpayers that file or have filed Tennessee franchise tax returns and that meet certain qualifications may be eligible to claim refunds for prior tax…
Bennett Thrasher, one of the nation’s largest and fastest-growing certified public accounting and consulting firms, announces the promotions of Tim Brunelle and Chris Roane to partnership. Brunelle and Roane provide consulting and advisory services in the firm’s Tax and Dispute Resolution & Forensics practices.
In times of economic uncertainty, business carve-outs become increasingly popular as companies seek to streamline operations and raise capital by divesting non-core assets. These transactions—whether through sales, spin-offs, or IPOs—provide…
Distressed mergers and acquisitions (M&A) deals are complex transactions involving the acquisition of companies facing financial or operational difficulties. These deals present unique challenges and opportunities for buyers and sellers…
