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Partner-in-Charge, Manufacturing, Distribution and Retail Services
Partner, Assurance Services

Manufacturing, Distribution and Retail Services

With decades of experience serving the manufacturing industry, we understand the issues that companies face. Learn how our team can help your company in this video.

Investment interest generally is deductible for both regular tax and alternative minimum tax purposes. But special rules apply.

In H. Alan Rosenberg v. Douglas J. Macginnittie, Commissioner, Georgia Department of Revenue, No.1414626 (GA Nov. 25, 2014), the Georgia Tax Tribunal held that a Georgia resident who owned an interest in a LLC can reduce his Georgia adjustable gross income by income that was subject to Texas franchise taxes when computing his Georgia individual taxable income.

Lower energy prices are forcing Permian Basin oil and gas companies to identify areas of cost savings and efficiencies. While companies may have previously lacked the time to evaluate accounting concerns, the current energy environment provides reason to address such concerns now.

Keeping up with changing accounting standards is critical to every public company’s well-being. That’s why you need to consider two recent developments affecting pushdown accounting and extraordinary items.

If you have a child in college, you may not qualify for the American Opportunity credit on your 2014 income tax return because your income is too high, but your child might.

The Audit Senior is responsible for performing in-charge responsibilities as assigned on small to mid-size engagements and helps with any other duties necessary to complete an engagement.

The IRS has issued comprehensive and complex regulations on the tax treatment of amounts paid to acquire, produce, or improve tangible property. The regulations explain when those payments can be deducted, which confers an immediate tax benefit, and when they must be capitalized.

The Financial Accounting Standards Board’s (FASB’s) plan to amend inventory accounting should have been a quick fix to clear up confusion about how businesses value their stockpiles of raw materials, supplies and finished goods.