PRESS RELEASE Brown Edwards Acquires Covenant Real Estate Services, LLC Brown Edwards, a full service regional accounting firm and a Top 100 firm in the US, announces the acquisition of a majority interest in Covenant Real Estate Services, LLC. Covenant, a full service real estate title and settlement firm founded by Roger Kronau and Jerry
With its winter recess looming before it, Congress has engaged in a flurry of activity. Most notably, it reached agreement on a massive governmentwide spending package titled the Further Consolidated Appropriations Act, 2020. The legislation extends certain income tax provisions that had expired, as well as some that were due to expire at the end
PRESS RELEASE ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ Brown Edwards merges with Richmond VA firm Gregg & Bailey Brown Edwards is pleased to announce the merger with Richmond based Gregg & Bailey, P.C. (G & B) effective January 1, 2020. The G & B partners Brad Bailey and Beth Llewellyn and their employees will become part of the Brown Edwards
We invite you to join us for the firm’s 23rd Annual Governmental Conference. The year’s program will address emerging topics on the latest local government trends and developments, fiscal issues, and other matters of interest to keep attendees current and informed about the effects on local governments and its entities. This is definitely a “must‐attend’
We are pleased to announce that Brown Edwards has been recognized by Forbes magazine as one of America’s Best Tax Firms for 2020. Brown Edwards is one of only five Virginia based firms listed. Out of the 18,000+ tax firms in the United States, only 227 were selected as the most recommended firms for tax
The IRS recently issued guidance on how businesses, self-employed individuals and qualified employees can use the per diem rules to substantiate their business travel expenses for tax purposes. The guidance in Revenue Procedure 2019-48 modifies 2011 guidance to reflect changes made by the Tax Cuts and Jobs Act (TCJA). In a nutshell, the per diem
The IRS has issued new guidance updating the rules for using optional standard mileage rates when calculating “above-the-line” deductions for the costs of operating an automobile for certain purposes. IRS Revenue Procedure 2019-46 also lays out rules for establishing the amount of an employee’s transportation expenses that are reimbursed using the optional standard mileage rates.
The first tax-filing season under the Tax Cuts and Jobs Act (TCJA) was a time of uncertainty for many businesses as they struggled with the implications of the law’s sweeping changes for their bottom lines. With the next filing season on the horizon, you can incorporate the lessons learned into your year-end tax planning. Several
Fall is in the air and that means it’s time to turn your attention to year-end tax planning. While several clear strategies and tactics emerged during the first tax filing season under the Tax Cuts and Jobs Act (TCJA), 2019 and subsequent years bring potential twists that must be considered, too. Let’s take a closer
The U.S. Department of Labor (DOL) has released the finalized rule on overtime exemptions for white-collar workers under the Fair Labor Standards Act. The rule updates the standard salary levels for the first time since 2004. While it is expected to expand the pool of nonexempt workers by more than 1 million, it’s also more
From traditional assurance and tax services to the latest in professional business advisory and consulting services, Brown Edwards provides you with the peace of mind you deserve.
