Month: February 2016

Reconciliation Problem Resolved with Strategic Accounting Services

Situation Overview: The president and CEO of a utility management company had a reconciliation problem. “My company manages utility billings and water conservation services. Our deposits include utility payments that aren’t ours to keep as well as our income. We struggled for about 10 years with how to properly reconcile... Read more

GA Small Business Save Big with R&D Tax Credits

“Some Georgia businesses are missing an opportunity to offset up to 50 percent of their Georgia income tax liability. Entrepreneurs, start-ups and small businesses often leave money on the table when they overlook research and development (R&D) tax credits,” says Williams Benator & Libby tax partner, Steve Horn. “They... Read more

Bipartisan Budget Act Eliminates a Social Security Strategy

The Bipartisan Budget Act of 2015, signed by President Obama near the end of last year, eliminates a strategy that allowed married couples to maximize their Social Security benefits. Referred to as the “apply-and-suspend” strategy, it allowed couples to take advantage of spousal benefits and delayed retirement credits simultaneously.... Read more