Title: 2012 Pillars of West Alabama/Community Foundation of West Alabama HonoredLocation: Indian Hills Country ClubDescription: The annual meeting of the Community Foundation of West Alabama, celebrating and honoring the Pillars of our Community, will be held at Indian Hills Country Club June 28th, 2012 at 6:00. 2012 Pillars are Chris "Chip" Vernon Beeker, Jr., Claude [...]
This summer, sponsors of retirement plans will have no time to relax because they will be complying with the Department of Labor’s final fee disclosure regulations. The upcoming effective dates require plan sponsors to embark on an exploration designed to uncover fees and costs associated with plan services and investments. At the end of the [...]
MONTGOMERY—The Business Council of Alabama and the Alabama Technology Network announced today the winners of the 2012 Manufacturer of the Year Awards at a luncheon ceremony at the RSA Activity Center. The BCA and ATN began the annual awards ceremony in 2000, and the event has consistently drawn Alabama dignitaries and manufacturing leaders to honor [...]
The link below will take you to a press release detailing the work that the AICPA is doing to urge Congress to take action in regard to the Estate Tax. We are on the brink of a very large increase in the taxability of estates and gifts. With this being an election year, it is feared [...]
Many taxpayers have recently received e-mail messages claiming to be from the IRS. In many instances these e-mails are referencing tax refunds or other entitlements urging the recipient to provide information, click on a link in the message, or to open an attachment. If you receive a similar message, DO NOT OPEN IT. Do not reply to [...]
The BP Settlement Agreement entered into on April 18, 2012, has broad application to most businesses operating anywhere in Alabama, meaning your business may be eligible for a settlement. Eligibility is based upon a gross revenue test with no requirement to prove direct causation. The revenue test is fairly simple but does require analyzing monthly [...]
According to the U.S. Department of Health and Human Services, Administration on Aging: "The older population, persons 65 years or older, numbered 39.6 million in 2009...about one in every eight Americans. By 2030, there will be about 72.1 million older persons, more than twice their number in 2000." With several factors helping us to [...]
JamisonMoneyFarmer CPAs Pasha McAbee and Kristi Moore recently graduated from the Leadership Academy program aimed at developing leadership skills of young and emerging professionals. The program is sponsored by the Alabama Society of CPAs and its Leadership Academy Task Force. Candidates for this program are chosen based on leadership qualities that have already exhibited [...]
Have we reached the point where this bitter cliche has become true? It sure seems like it in this instance. In a recent tax court case, IRS argued that a taxpayer's charitable contribution to their church was not allowable. In this case (TC MEMO 2012-140), the church provided the taxpayer with an annual giving statement before the due [...]
In case you have been under a rock or in a bubble the last few days, Facebook went public last week in what some are calling the “biggest IPO cross in the history of mankind." All hyperbole aside, there are literally thousands of new millionaires and plenty of new billionaires. Two of those billionaires were Mark Zuckerberg and Dustin Moskovitz, co-founders [...]