Top Three Tax Issues Impacting Private Equity Firms

It’s hard to believe that over a year has gone by since the Tax Cuts and Jobs Act (TCJA) of 2017 was passed by Congress as one the most comprehensive changes to US taxation in over 30 years.  The carried interest safe harbor, interest expense limitation and the corporate tax rate reduction are three of the most significant ways that the Tax Act has impacted private equity funds, their management companies and their portfolio companies.

Georgia Law Makes Payroll Tax Credits Transferable

In 2018, Georgia passed House Bill 918 to modify and expand usage of Georgia tax credits, particularly for credits against Georgia payroll tax withholding. Georgia law permits taxpayers to elect to use certain income tax credits, such as the Jobs Tax Credit or Research & Development Tax Credit, against their Georgia payroll tax withholding obligations.

2018-2019 Tax Guide

Bennett Thrasher is pleased to announce the release of our 2018-2019 Tax Guide. This guide provides an overview of the most consequential changes under the Tax Cuts and Jobs Act and other key tax provisions that taxpayers need to be aware of.

Employer’s Credit for Paid Family and Medical Leave

Among the many changes brought on by last year’s Tax Cuts and Jobs Act, one potentially beneficial update from the law is the new Employer Credit for Paid Family and Medical Leave. This completely new credit is currently available for the 2018 and 2019 tax years. Employers may be eligible for a credit ranging from 12.5% to 25% of wages paid to employees taking protected leave provided for in the Family and Medical Leave Act.

BT Foundation Featured in Atlanta Daily World

In a recent article published by Atlanta Daily World, the Bennett Thrasher Foundation is highlighted for providing grant support to the READTeam program, a partnership between Malcolm Mitchell’s Share the Magic Foundation and the Andrew and Walter Young Family YMCA.

BT Foundation Annual Report FY18

Bennett Thrasher is pleased to announce the issuance of the FY 2018 Bennett Thrasher Foundation Annual Report. The purpose of the Annual Report is to share both the accomplishments and impact the Foundation has made in the local community.

Trey Webb Provides Insight on Tax Law Changes to Realty Biz News

In a recent article published by Realty Biz News, Bennett Thrasher Partner Trey Webb gives insight on significant tax law changes that commercial investors need to be aware of and resulting investment trends, including coupling low-income housing credits with historic rehabilitation projects in qualified opportunity zones.

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