Trey Webb Discusses Qualified Opportunity Zones in Accounting Today

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.

The Pros and Cons of Compensating Not-for-Profit Board Members

As a not-for-profit director, you may occasionally wonder whether it is beneficial to offer compensation to your board members. Most often, not-for-profits that are able to afford to pay their board members are larger, multifaceted organizations, such as art institutions, national foundations or healthcare systems.

ASU 2016-02 (Leases) – Key Components and Important Considerations

After years of consideration, the Financial Accounting Standards Board (FASB) revised lease accounting by issuing Accounting Standards Update (ASU) 2016-02, Leases (Topic 842). In the eyes of the FASB and users of the financial statements, leases in the financial statements of lessees represented valid assets and obligations as a result of the lessee receiving the right to use certain assets while receiving the economic benefits of using such assets.

IRS LB&I Division Launches New Transfer Pricing Compliance Campaign

On April 16, 2019, the IRS Large Business and International (LB&I) division announced the approval of three new compliance campaigns.  All three new campaigns relate to offshore activities of U.S. taxpayers, with one campaign focusing on profits reported by offshore captive services companies.

Kristin Ethridge Selected as Finalist for Atlanta Business Chronicle’s 2019 HR Excellence Awards

Kristin Ethridge, Bennett Thrasher’s Campus Recruiter, has been named a finalist for the Atlanta Business Chronicle’s 2019 HR Excellence Awards as one of three contenders for this year’s Rising HR Star.The HR Excellence Awards honor human resources professionals who have achieved new heights by using innovative strategies, exemplary dedication and outstanding performance to drive their business forward.

Four Questions You Should Ask Your Accountant

Ideally, you and your accountant are more than just “advisor” and “client”.With your combined skills, expertise and shared mission to support a thriving business, you’re more like strategic partners.

John Yeager Discusses Utilizing Technology Efficiently in Construction Today

In an article published in the April issue of Construction Today, John Yeager, Managing Director of Bennett Thrasher’s Business Transformation Services Practice, and Paul Van Den Berg, CEO of Catalyst180 who focuses on optimizing financial and operational processes for growing businesses, discuss how fast-growing construction firms can recognize the necessary foundation of financial operations and build a profitable business by utilizing technology.  

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