How Does Inflation Impact the Value of Your Business? Blog Post
While inflation can negatively impact the value of your company, there are strategies that can be taken to combat its effects.
While inflation can negatively impact the value of your company, there are strategies that can be taken to combat its effects.
Every five years, the BEA conducts its Benchmark Survey of Foreign Direct Investments within the U.S., otherwise known as the BE-12 Report. The upcoming BE-12 report is due May 31, 2023 (or June 30, 2023 for e-file). Learn more.
The Tax Cuts and Jobs Act (TCJA) permanently eliminated deductions for most business-related entertainment expenses paid or incurred after 2017. For example, taxpayers can no longer deduct any of the cost of taking clients out for a round of golf, to the theater or for a football game. Taxpayers responded to these changes by implementing changes to accounting systems and reimbursement policies to comply with new rules. But the TCJA didn’t specifically address the meals, beverages and snacks that often accompany entertainment activities, leaving some taxpayers with questions.
Bennett Thrasher, one of the nation’s largest and fastest-growing certified public accounting and consulting firms, announces the promotions of Tim Brunelle and Chris Roane to partnership. Brunelle and Roane provide consulting and advisory services in the firm’s Tax and Dispute Resolution & Forensics practices.
Bennett Thrasher, one of the nation’s largest and fastest-growing certified public accounting and consulting firms, announces the promotions of Tim Brunelle and Chris Roane to partnership. Brunelle and Roane provide consulting and advisory services in the firm’s Tax and Dispute Resolution & Forensics practices.
The Federal Research and Development Credit, or R&D Tax Credit allows companies engaged in qualified R&D activity to claim a tax credit for their efforts. This is a lucrative credit…