Owners Should Consider Private Equity as an Exit Option

Favorable economic conditions alongside baby boomers looking to exit their businesses over the next ten years have resulted in an active M&A market.  While there are many exit options, business owners should consider a recapitalization using a private equity firm.

BT Associates Attend AICPA Diversity Pipeline Symposium

Bennett Thrasher’s Kristin Ethridge, Jimmy Lee, and Eboni Moss recently attended the AICPA Diversity Pipeline Symposium in Atlanta. This unique symposium gathered firms, educators, and students from across the country to collaborate and discuss diversity in the accounting profession.

New Sales Tax Nexus Standard: South Dakota V. Wayfair, Inc.

In the landmark decision of South Dakota v. Wayfair, Inc., the US Supreme Court overturned the Quill physical presence standard, deeming it “unsound and incorrect.” In turn, the Court upheld South Dakota’s economic nexus law, which requires companies to collect sales tax when their sales or the number of transactions with the state exceed certain thresholds.

Bennett Thrasher Adds Value Acceleration and Exit Planning Practice

Bennett Thrasher LLP, one of the top 100, full-service public accounting and consulting firms in the country, announced today the formation of a new practice group: Value Acceleration and Exit Planning Services, providing comprehensive exit planning consulting that includes valuation, corporate tax, personal tax, wealth advisory, transaction advisory, audit and assurance consulting, and operational support for business owners planning to transition out of their businesses.

Georgia Rural Hospital Tax Credit Program

Nationwide, 4.1 million Americans pay more than $10,000 each in property taxes alone, according to ATTOM Data Solutions.  The itemized deductions of many taxpayers stand to be severely limited with the new $10,000 cap on state and local taxes enacted as part of tax reform in December of 2017, especially if multiple personal real properties are owned.

The Tax Cuts & Jobs Act Influences Business Valuation

On December 22, 2017, President Donald Trump signed the Tax Cuts and Jobs Act (“TCJA”) into law.  It is the most comprehensive tax reform seen in the United States since President Ronald Reagan’s 1986 Tax Reform Act. 

Page 8 of 50