By Kenneth H. Bridges, CPA, PFS August 2014
There has for many years been a requirement that any US person with a financial interest in or signature or other authority over a foreign financial account file with the Treasury Department …
By Kenneth H. Bridges, CPA, PFS August 2014
It is well-known that an employer can provide health insurance benefits to its employees tax-free under a group plan. It has also long been the rule of tax law that an employer …
By Kenneth H. Bridges, CPA, PFS August 2014
You can hardly pick up a newspaper today (assuming you still do that) without reading about “corporate inversions”. It seems like every U.S. multinational company has done one or is considering one, …
By Kenneth H. Bridges, CPA, PFS August 2014
Similar to S-corps, amongst the advantages of the partnership format for tax purposes (which includes most LLCs) is the ability to pass the tax losses through to the owners (for use on …
By Kenneth H. Bridges, CPA, PFS December 2013
Georgia legislation enacted in 2010 provides a Georgia tax credit of up to 35% of the amount invested in an early stage company (with utilization of the credit limited to $50,000 per …
By Kenneth H. Bridges, CPA, PFS December 2013
Investments made in “Qualified Small Business Stock” (QSBS) after September 27, 2010 and before January 1, 2014 and held for more than 5 years can qualify for a gain exclusion of up …
By Kenneth H. Bridges, CPA, PFS February 2013
One of our venture capital/private equity clients recently asked us whether, in light of the increase in tax rates, they should increase the tax distribution rate for their funds and, if so, …
By Kenneth H. Bridges, CPA, PFS February 2013
Documenting the timely filing of tax returns is not exactly a sexy topic; but a very important one nonetheless. We put a lot of time and effort into documenting the timely filing …
By Kenneth H. Bridges, CPA, PFS January 2013
While most of you were hopefully enjoying a New Year’s Eve party or watching the Chick-Fil-A Bowl or the Ryan Seacrest/Jenny McCarthy special, I was fixated on C-SPAN, anxiously watching to see …
By Kenneth H. Bridges, CPA, PFS June 2012
In late March of this year, the Georgia General Assembly passed legislation which replaced the annual “car tag tax” and sales tax on purchase of vehicles with a new title tax, increased …