Treasury Secretary Steven Mnuchin tweeted today that the April 15, 2020 tax return filing deadline will be postponed until July 15, giving all taxpayers an additional three months to file their returns and make tax payments without interest or penalties. We are waiting for clarity on how today’s statement will modify guidance previously released and will provide additional details as they are made available.
With the everchanging COVID-19 pandemic, “threat actors” are increasing their focus on Phishing emails and other creative methods of attack. To assist in securely communicating with Bennett Thrasher or any other company/individual, we wanted to provide these helpful safety tips when communicating sensitive information over the internet.
In the 2020 edition of Accounting Today’s Top 100 Firms, Bennett Thrasher is ranked as the 74th largest accounting firm in the nation – moving up four spots from 2019 – based on the firm’s revenue and growth over the past year. Accounting Today’s Top 100 Firms list annually ranks the largest accounting firms in the United States and regions across the nation.
The Atlanta Business Chronicle recently published an article that captures M&A insights from a panel discussion at ACG’s 2020 Atlanta Capital Connection. Bennett Thrasher Partner Vijay Vaswani moderated the conversation and strategic dealmakers from Burr & Thurman, LLP, McGriff Seibels & Williams, Cox Enterprises, Cardlytics and Argenbright Holdings elaborated on current themes and trends in the industry.
Brian Sengson, DiAndria Green and David Greenberg, advisors within Bennett Thrasher’s State and Local Tax group, were recently published in the Fall edition of Mercer Law Review’s Annual Survey of Georgia Law. Their article, State & Local Taxation: A Two Year Survey, summarizes the most critical and comprehensive changes to Georgia tax law from June 2017 to May 2019.
Bennett Thrasher Partner Peter Stathopoulos will be featured as a panelist at the upcoming Georgia Production Partnership (GPP) South Georgia Regional Meeting, coined “Attracting Productions to South GA.” Each year, GPP hosts the South Georgia Regional Meeting to showcase the immense opportunity that the film industry brings to the state.
Bennett Thrasher has been named a 2020 Top 150 Workplace by The Atlanta Journal-Constitution. The Top Workplace list is based solely on employee feedback gathered through a third-party survey administered by the AJC and employee engagement technology partner Energage, LLC.
It’s no secret that over the last decade, Georgia has emerged as a major player in the film production industry. However, many are likely unaware that a major factor behind that growth has been the state’s competitive tax incentive program for the entertainment industry. In fact, since the inception of this program in 2008, Georgia has seen a 376 percent increase in film industry jobs.
Sole proprietorships and pass-through entity structures, which include partnerships, S corporations and certain limited liability companies (LLCs), provide owners with valuable tax benefits, such as avoidance of double taxation and the potential ability to deduct losses from the business on their individual tax returns. However, the Tax Cuts and Jobs Act (TCJA) of 2017 placed new limitations on deducting business losses. Here’s a look at the changes in the rules and how they might affect you.
Bennett Thrasher and Kennesaw State University’s College of Architecture and Construction Management are proud to share the fourth annual Georgia Construction Outlook Survey results. The survey captures insights and data from over 100 privately held construction companies in Georgia, including home builders, heavy contractors, general contractors and specialty contractors.
When it comes to selecting a location for establishing a new business operation or expanding an existing one, understanding the full range of economic development incentives available can be a gamechanger. Since many of these incentives are negotiable, timing is critical, and the opportunity to claim such incentives may be lost if the business waits too long to begin the incentives negotiation process.
Bennett Thrasher has been named a Forbes Top Recommended Tax and Accounting Firm in the United States for 2019. Forbes partnered with market research company Statista to create inaugural lists of the most recommended firms for tax and accounting services. This peer-review and industry-nominated award identifies firms with the sophistication level needed to tackle the growing complex accounting problems companies face. Bennett Thrasher was just one of 90 firms to be selected for both lists.