Article

Tax Cuts and Jobs Act of 2017

Apr 17th, 2018

There were many tax law changes adopted in the Tax Cuts and Jobs Act of 2017 (The Act) and while most of these changes are directed at individual and corporate taxpayers, investment companies holding portfolio…
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Article

How Can You Benefit from Tax Reform?

Apr 16th, 2018

In December 2017, President Trump signed the Tax Cuts and Jobs Act (TCJA) into law. This is the most comprehensive tax reform package in over three decades and it will have a major impact on…
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Article

Loaning Money Between a Business and Its…

Apr 16th, 2018

It’s common for owners of privately held manufacturing and distribution firms to loan and borrow money from their companies. The IRS reviews these transactions closely to determine whether they’re truly loans, or actually compensation, dividends…
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Article

How to Put Financial Statements to Work for…

Apr 16th, 2018

Spring is the time of year that calendar-year-end businesses receive financial statements that conform to U.S. Generally Accepted Accounting Principles (GAAP) and prepare tax returns. This year, take your financial data beyond compliance and use…
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Article

Quarterly Accounting Update – Q1 2018

Apr 09th, 2018

Welcome to the First Quarter issue of our Quarterly Accounting Update. Each quarter, we will provide you with up-to-date information for consideration in your financial reporting and disclosures. Our goal is for you to have…
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Article

New Guidance on Debt Disclosures

Apr 04th, 2018

On April 2, the Governmental Accounting Standards Board (GASB) issued new guidance designed to enhance debt-related disclosures in notes to financial statements, including those addressing direct borrowings and direct placements. The new standard, GASB Statement…
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Article

Using Blockchain to Build a Better Real…

Apr 03rd, 2018

Blockchain technology first gained attention as the digital ledger that makes Bitcoin transactions possible. Today, it’s migrated to other areas that could benefit from a distributed, unalterable ledger. The technology is a logical fit for…
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Article

Real Estate Advisor: Sitting Pretty

Apr 03rd, 2018

By passing the Tax Cuts and Jobs Act (TCJA) in late December 2017, Congress granted the holiday wishes of many involved in real estate. While the TCJA brought good cheer for the business community in…
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Article

Is a GP Fund Right for Your Deal?

Apr 03rd, 2018

Sponsors are often on the hunt for innovative ways to fund their real estate projects, particularly when they find themselves under capital constraints that limit their ability to invest. Some sponsors turn to general partner…
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Article

The Pass-Through Provisions of the TCJA: The…

Mar 29th, 2018

The Tax Cuts and Jobs Act (TCJA) has been touted for cutting the corporate tax rate, but the law also contains some valuable goodies for smaller businesses that operate as pass-through entities, including partnerships, limited…
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News

Jimmy Buddenberg Tapped to Lead Elliott…

Mar 07th, 2018

Bringing more than 20 years of experience in technology infrastructure and professional consulting services GREENVILLE, S.C. (March 7, 2018) – Elliott Davis, one of the largest accounting, tax and consulting services providers in the Southeast, announces…
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Article

Tax Reform Creates Opportunities to…

Mar 06th, 2018

The times they are a-changin’. By now, it is widely known that the Tax Cuts and Jobs Act included sweeping changes affecting nearly every single taxpayer. The pervasive nature of the changes has left many…
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