In an article for Construction Executive published on May 19, 2019, Scott Hazy shared an analysis of the 2019 Georgia Construction Outlook Survey and the business considerations of busy Georgia contractors when facing the top challenge of attracting and retaining talent in the hot market given the number of revenue increases and project backlog in recent years.
In an article for Accounting Today published on May 28, 2019, Bennett Thrasher partner Trey Webb offered insight on the second round of Internal Revenue Service (IRS)-proposed regulations on Qualified Opportunity Zones (QOZs), which were originally included in the Tax Cuts and Jobs Act.
In an article published in the May/June issue of Oz Magazine, Peter Stathopoulos discussed the top 10 things taxpayers may not know about Georgia film tax credits.
Leda Zhuang joined Bennett Thrasher in 2019 as a transfer pricing expert to support the existing practice led by Ben Miller. She has assisted numerous multinational firms with a global presence to evaluate and address their intercompany pricing matters for purposes of documentation, business restructuring, and tax planning.
The White House Office of Management and Budget (OMB) announced Monday, January 7, 2019, that the IRS will pay tax refunds during the shutdown. This is a change from the previous policy announcement.
In last summer’s landmark decision of South Dakota v. Wayfair, Inc. (“Wayfair”), the US Supreme Court upheld South Dakota’s economic nexus law, which requires companies to collect sales tax when their sales or number of transactions with that state exceed certain thresholds.
As you may have heard, the Federal Government partially shut down on December 22, 2018 due to a budget impasse between the current administration and Congress. This shutdown includes the Internal Revenue Service (IRS).
In an article published recently in Construction Executive and its CE Weekly newsletter, James Pickett explains what taxpayers should do when dealing with various IRS notices. Pickett emphasizes that taxpayers and their representatives should carefully reach each piece of mail that the IRS sends and to never ignore correspondence.
In a recent article Peter Stathopoulos discusses the state of Georgia’s film industry. Thanks to tax incentives, filming continues to grow across the state, but opportunity exists for the state to invest in content creation, as investment for the booming production business, however, still flows primarily from New York or L.A.
In an article recently published in Law360, state and local tax attorney Brian Sengson discusses how technology companies will continue to face expanded sales tax nexus as states adopt economic nexus law. Companies, particularly technology companies, should not take the Wayfair ruling lightly.
The Georgia Department of Revenue has been adopting new audit policies on voluntary and random film tax credit audits. Sometimes these policies are being adopted retroactively and some are arguably aggressive
As private companies are gearing up for the implementation of Accounting Standards Codification (ASC) 606, Revenue from Contracts with Customers, many are wondering how this guidance will impact the manufacturing industry. For privately‐held entities, ASC 606 applies for annual periods beginning after December 15, 2018 (2019 will be the first year for December year‐ends).