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10
Feb
2020

The SECURE Act Likely To Affect Your Retirement And Estate Plans

10.02.2020

In late 2019, the first substantial legislation related to retirement savings since 2006 became law. The Setting Every Community Up for Retirement Enhancement (SECURE) Act brings numerous changes to the retirement and estate planning landscape, and some of them should prompt careful review of your existing plans to ensure they’ll accomplish the desired outcomes, including

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27
Jan
2020

The SECURE Act Changes The Rules For Employers On Retirement Plans

27.01.2020

The Setting Every Community Up for Retirement Enhancement (SECURE) Act is the first significant retirement-related legislation in more than a dozen years. It brings many changes that affect employers of all sizes, including some that could be particularly beneficial for smaller employers that sponsor retirement plans. Some of the changes, however, may increase the burden

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23
Jan
2020

2020 Tax Calendar

23.01.2020
In order to help you make sure you don’t miss any important 2020 deadlines, we have provided this summary of when various tax-related forms, payments, and other actions are due. Please take a few moments to review the 2020 calendar below and feel free to let us know if you have any questions or concerns [...]
6
Jan
2020

Brown Edwards Acquires Covenant Real Estate Services, LLC

6.01.2020

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

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20
Dec
2019

Spending Bill Extends Tax Breaks – Adds Retirement Account Provisions

20.12.2019

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

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18
Dec
2019

Brown Edwards Merges With Richmond, VA Firm Gregg & Bailey

18.12.2019

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

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9
Dec
2019

IRS Updates Rules For Using Per Diem Rates

9.12.2019

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

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22
Nov
2019

IRS Updates Rules For Mileage-Related Deductions

22.11.2019

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.

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30
Oct
2019

Business Year-End Tax Planning In A Tax Cuts and Job Acts (TCJA) World

30.10.2019

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

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