A 2014 study by the Forest Inventory & Analysis (FIA) shows that the amount of timberland in Alabama has increased to an all-time high of 23 million acres, or 69% of Alabama’s total area. That's an increase of 360,000 acres since the year 2000. The only states in the nation having more timberland than Alabama [...]
Title: Birmingham Office Ribbon Cutting & Open House Location: Wells Fargo Tower Link out: Click here Start Time: 4:00 Date: 2015-06-18 End Time: 6:00 JamisonMoneyFarmer PC (JMF) has leased office space in the Wells Fargo Tower, located at 420 20th Street North, Suite 2250, in the central business district downtown, which will serve as [...]
ATLANTA, Georgia – One of Alabama's largest and respected accounting, tax and advisory firms, JamisonMoneyFarmer PC, met with six other US-based CPA firms from California, Georgia, Illinois, Massachusetts, Michigan, Oregon, and Wisconsin, and five firms from Germany for the US German Accounting and Tax Summit. Perry Barnett of Rushton and Company, LLC of Gainesville, Georgia [...]
The Birmingham City Council approved a $6 million city tax break which will lower the cost of business licenses in 2016 for several professions, with the exclusion of restaurants and dealerships. Under the direction of Mayor Larry Langford, business license costs were doubled back in 2007, which resulted in the collection of $243 million. While [...]
As an American living overseas, each year you have to gather the information required to file a U.S. return. Unlike your compatriots, residing across the pond comes with its own process: complicated and with more risk and penalties. The following article sheds light on the expat, tax forms you will need in order to file your return. This is the [...]
Think before you click. Don’t open unexpected email attachments from unknown persons. Just because an email message looks like it came from someone doesn't mean that it actually did. Scammers can "spoof" the return address, making it look like the message came from someone else. Don’t view or click on links in unsolicited emails. Trust [...]
Fairfax, Virginia –Chip Helme, of Thompson, Greenspon & Co., PC is the new chair of the board of CPAmerica International. He succeeds 2014 chair and former president, Bryan R. Chandler, leading partner of JamisonMoneyFarmer in Tuscaloosa, Ala. Joseph Ciccarello, leading partner of Gray, Gray & Gray, LLP, has been elected to the vice chair/chair-elect position. [...]
Linda Wang of the United States Department of Agriculture has created a summary of the newest tax laws related to timber. Tax laws on timber transactions are very specialized knowledge that are not commonly known. Yet they are important to timber owners in terms of the ongoing cost of owning and managing timber, forest stewardship [...]
Below are the annual adjustments made to both Estate and Gift Taxes: Unified Estate and Gift Tax (Lifetime) Exclusion: $5,430,000 Generation - Skipping Transfer (GST) Tax Exemption: $5,430,000 Gift Tax Annual Exclusion: $14,000 (no change from 2014) If you are reading this post, you might also be interested in [...]
A $41.6 billion package consisting of 54 tax breaks was temporarily renewed by the Senate on Tuesday, December 16th, 2014, which in turn will affect small businesses, large corporations and individuals only through 2014. To read the full article, please click on the link provided: Tax Extenders and Bonus Depreciation