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21
Jan
2019

Brown Edwards Announces New Director

21.01.2019

PRESS RELEASE January 21, 2019   Brown Edwards & Company, LLP, a Top 100 Accounting Firm based in Roanoke, Virginia, is pleased to announce Jennifer Theimer, CPA, has joined the firm as a director in the financial institutions practice.  Prior to joining Brown Edwards, Jennifer was a Chief Administration and Risk Officer (CARO) in the

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2
Jan
2019

Virginia Tax Conformity FAQs

2.01.2019

What is tax conformity? Tax conformity is a state’s adoption of the federal definitions of income, as contained in the U.S. Internal Revenue Code (IRC). For individuals, it’s the calculation of federal adjusted gross income; for businesses, it’s federal taxable income. Traditionally, Virginia adopts those definitions as of a fixed date — usually, but not

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4
Dec
2018

IRS Issues Proposed Regulations on Business Interest Expense Deductions

4.12.2018

In April 2018, the IRS released temporary guidance on the amended limit on deductions for business interest expense for tax years beginning in 2018. Taxpayers were allowed to rely on that guidance while waiting for regulations. The IRS has now published proposed regulations that taxpayers can rely on until final regs are released. The proposed

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30
Nov
2018

Yancey & Bowman Joins Brown Edwards

30.11.2018

PRESS RELEASE November 30, 2018   Harrisonburg, VA firm Yancey Bowman, CPAs, is pleased to announce the joining of their firm with Brown Edwards, effective December 1, 2018. With this union, Roanoke, VA based Brown Edwards will have over 350 associates in 10 offices located in Blacksburg, Bristol, Harrisonburg, Lynchburg, Newport News, Roanoke, and Wytheville,

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18
Oct
2018

Brown Edwards Acquires Dixon Hughes Goodman’s Newport News, VA Practice

18.10.2018

PRESS RELEASE: October 18, 2018 Brown Edwards is pleased to announce the acquisition of the Newport News practice of Dixon Hughes Goodman effective October 31, 2018.  DHG Partners Hugh Barlow and Leslie Roberts along with most of the staff located in Newport News will become part of the Brown Edwards team and a significant number

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14
Sep
2018

Three Bills Form Tax Reform 2.0

14.09.2018

On September 13, the House Ways and Means Committee passed three separate bills that will be the cornerstone of what is being referred to as Tax Reform 2.0. The bills focus on making permanent certain provisions of the Tax Cuts and Jobs Act (TCJA) that affect individuals, families, and small businesses. They also promote family

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6
Aug
2018
6.08.2018
6
Aug
2018

Brown Edwards Among Nation’s Top 100 Accounting Firms

6.08.2018

  INSIDE Public Accounting (IPA) announces the release of its 2018 annual financial performance analysis and ranking of the nation’s largest public accounting firms. Roanoke, Virginia based Brown Edwards is among the group of the nation’s top 100 firms again this year, moving up four spots to #95.  With the move up the list, Brown Edwards is

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21
Jun
2018

Supreme Court Rules On South Dakota v. Wayfair

21.06.2018

June 21, 2018 In what could be one of the most significant decisions on state taxation in the last 50 years, the Supreme Court today ruled on South Dakota v. Wayfair.  In a 5-4 decision, the Court held that the physical presence requirement for state tax jurisdiction is incorrect and not a requirement under the

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