Year: 2014

2014 Year End Tax Planning Briefing

We have as much certainty in year-end tax planning as we did this time last year. Congress just passed the “Extender Bill” (discussed below) but only for the short-term, retroactive to January 1, 2014 through December 31, 2014. We go into 2015 not knowing whether these provisions along with... Read more

Beware of IRS-imposter Phone Scams

Tax accountants aren’t immune to IRS scams. The other day I got a voice mail message from someone posing as an IRS agent. In a very aggressive tone, the caller said that I owed taxes (I don’t) and if I didn’t return his call immediately, police would come to... Read more

New Revenue Recognitions Standards Announced: What Mid-Size Companies Should Do Now to Prepare

After almost a decade of discussion, analysis and planning, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have issued new rules for how companies report revenue on their financial statements. The new standards will be a boon to investors and other stakeholders because they... Read more

How to Survive Your Annual Audit

Does your company undergo an annual audit, or is it about to be audited for the first time? If so, it’s likely that just the term “audit” strikes fear into year heart. An audit can seem like a disruptive annoyance, but it doesn’t have to be. Like most things,... Read more

Two New Accolades for Williams Benator & Libby

Firm Named Among AccountingToday’s 2014 “Best Accounting Firms to Work for” and winner of inaugural Georgia Accounting Food Fight ATLANTA, GA—For the second 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... Read more