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 Brock W. Bullard, CPA December 2013
Many of our clients are quite philanthropic. Fortunately, the tax law greatly rewards philanthropy. Here is a brief synopsis of the general rules and suggested strategies.
Cash donations – The most common and …
By Kenneth H. Bridges, CPA, PFS February 2013
Is it possible to incur a marginal tax rate in excess of 100%? Under UK tax rules, that could very well be the case for a high profile athlete like the fastest …
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 February 2013
Let’s assume you have a tract of land which could potentially be developed into a residential subdivision, but you don’t want to ever see the land developed, desiring for it to forever …
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 …
By Kenneth H. Bridges, CPA, PFS June 2012
Owners of potentially depreciable real estate properties often attempt to segregate the property into components other than land and structure in order to accelerate their tax deductions for depreciation. Land itself is …