Additive Manufacturing Has Many Tax and Accounting Implications

Many businesses think 3D printing is too expensive to integrate into their operations. Yet today, there are many reasonably priced, consumer-grade 3D printers available, and the applications for this additive manufacturing process are seemingly endless.

7th Annual Break Through Summer Conference Recap

Bennett Thrasher proudly hosted 40 students for the 7th annual Break Through summer leadership conference at our offices in Atlanta, GA the first week of June. These students represented 14 different universities across the country and were exposed to a multitude of topics and networking events with BT associates and partners during the conference.

Manufacturers Should Adopt the New Revenue Recognition Standards

Like many businesses, you may have put off implementing the necessary changes required to align your business with the new revenue recognition accounting standards. These standards, set by the Financial Accounting Standards Board (FASB), became effective this year for annual reporting periods, and in 2020 for interim periods.

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.

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