2015 Year End Tax Planning Briefing UPDATED

By Steven G. Horn, CPA and Tax Partner Just before recessing for the holidays, Congress passed the bill we were waiting for that addressed the “Extenders.” Called the “Protecting Americans From Tax Hikes Act of 2015” (Path Act), the bill went further than expected with the “Extenders,” making more than 20 of them permanent so …

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WBL welcomes Petra Orquiola as its newest partner

  ATLANTA, GA— Petra Orquiola has been named partner at Williams Benator & Libby, LLP, a full service certified public accounting and consulting firm. Petra is a member of the firm’s assurance practice. She leads financial statement audits and reviews as well as special projects for clients in several industries and for nonprofit organizations. She …

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Don’t Get Taken for a Ride: Tax Consequences and Benefits of Being a Rideshare Driver

With the holidays approaching, many people are looking for ways to earn a little extra spending money. Becoming a driver for a rideshare service such as Uber, Lyft and Sidecar is a good option for some. It is easy to get into the industry, you can work when it’s convenient for you, and you can …

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Nonprofit Financial Statement Red Flags: The Board Member’s Role in Combating Fraud

By Patricia Yeager, CPA and Nonprofit Practice Leader The Director’s primary role on a nonprofit board is to make strategic decisions that impact the operations of their organization. In addition, they can and should take an active role in protecting their organization from fraud. A proactive board can help reduce fraud risk, guarding the organization …

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Calling All Angels… Angel Investments extended in Georgia through 2018

By David A. Nash, CPA, Tax Manager Georgia’s economy is booming thanks in part to the film incentives and to the vital role startups are playing in bringing jobs, infrastructure, visitors, and wealth to the state’s inhabitants. Angel investors play a significant role in nurturing start-ups and the state provides encouragement to these investors in the …

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Williams Benator & Libby Wins Third Consecutive Award

Firm Named Among AccountingToday’s 2015 “Best Accounting Firms to Work For” ATLANTA, GA— For the third consecutive year, Williams Benator & Libby, LLP (WBL) has been named one of the Best Accounting Firms to Work For in the United States by AccountingToday and Best Companies Group. The annual list of the top 100 firms identifies, …

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New Law Changes Business Tax Filing Deadlines

By Steven G. Horn, CPA and Tax Partner “Highway Bill” changes filing dates for partnerships, C Corporations and foreign bank account reports (FinCEN 114); also affects Estate returns and mortgage statements. On Friday, July 31st, President Obama signed the “Highway Bill” (H.R. 3236) into law. While the purpose of the law is to provide an …

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2015 Briefing on Supreme Court Rulings

By Steven G. Horn, CPA and Tax Partner There were two important Supreme Court rulings that were handed down the other day with tax ramifications, discussed below: Same-Sex Marriage In 2013, the Supreme Court ruled that same-sex couples had a constitutional right to marry, but that ruling was only applicable for federal purposes. States were …

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