Accounting & Auditing

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JMF Office and Recent Legislative Updates

By |2020-03-25T23:20:18+00:00March 25th, 2020|Accounting & Auditing, Construction, Corporate & Partnership Tax, Creative, Design, Entrepreneurs, Estate & Trust, Financial Institutions, Fraud, Health Care, Hospitality, Individual Tax, Internal Control Evaluation, International, Manufacturing, News & Events, Nonprofit, Oil & Gas, Payroll & Bookkeeping, Pension Admin & Consulting, Press Releases, SALT, Social Security, Technology, Timber|

Dear JMF Clients and Friends: As we mentioned in our communication on March 14th, we are in unprecedented times. We wanted to share another update of what JMF is continuing to do to serve our clients while maintaining a safe work environment.  This remains a fluid situation and we will continue to communicate with you. [...]

JMF Listed on Forbes America’s Top Recommended Tax And Accounting Firms

By |2020-02-05T19:02:04+00:00January 31st, 2020|Accounting & Auditing, Corporate & Partnership Tax, Individual Tax, News & Events, Press Releases|

Photo Credit: Forbes Magazine Recently, Forbes Magazine partnered with the independent market research company Statista to create a list of the most recommended firms for tax and accounting services in the United States for 2020. JamisonMoneyFarmer PC is proud to be listed as one of the 227 firms throughout the country on either list, [...]

FASB Updates on Leases & Revenue Recognition

By |2019-07-26T18:43:23+00:00July 26th, 2019|Accounting & Auditing, News & Events|

Lease Accounting  The FASB has approved a one year deferral for implementation for nonpublic companies.  This deferral effectively pushes the new requirement to record assets and liabilities for certain operating leases until 2021 for calendar year financial statements. Revenue Recognition As a reminder, the changes to revenue recognition are still effective this year for nonpublic [...]

ABLE Accounts: tax-advantage savings program for people with disabilities

By |2017-05-18T22:55:00+00:00February 17th, 2017|Accounting & Auditing, Estate & Trust, Individual Tax, News & Events|

Early last year we discussed the ABLE Accounts as a potential option for Alabama families.  By December, the state of Alabama instituted the program, per State Treasurer Young Boozer, with a contract with the state of Nebraska.  The Alabama plan will be known as Enable Savings Plan Alabama, and more information can be found at www.enableAL.com. [...]

Strategic Planning: Five Ways to Improve Business Budgets

By |2017-05-18T22:55:00+00:00January 30th, 2017|Accounting & Auditing, Corporate & Partnership Tax, Entrepreneurs|

It is now 2017. Do you know where your business budget is? This is the traditional time to draw up a budget for the coming year. Perhaps the way you previously developed the budget for your business has not been overly successful. Or maybe you have found as the year goes along that certain key [...]

No Applause for Fraud: An Update on Popular Fraud Trends and How to Prevent and Detect Them

By |2017-05-18T22:55:02+00:00August 10th, 2016|Accounting & Auditing, Entrepreneurs, Fraud, News & Events, Payroll & Bookkeeping, Press Releases|

By: Kasey Powell, CPA, CPE Kasey is a senior accountant, certified fraud examiner, and a member of the JMF Timber Practice Group.   Kasey Powell Vcard  Kasey Powell LinkedIn Profile This year represents the 20th anniversary of the inaugural Association of Certified Fraud Examiner's (ACFE) Report to the Nation on Occupational Fraud and Abuse: 2016 Global Fraud Study. [...]

JMF among twelve international firms that met for third annual US German Accounting and Tax Summit

By |2017-05-18T22:55:06+00:00May 18th, 2015|Accounting & Auditing, Corporate & Partnership Tax, International, News & Events, Press Releases|

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 [...]

2013 Year End Tax Planning Letter

By |2017-05-18T22:55:08+00:00December 9th, 2013|Accounting & Auditing, Corporate & Partnership Tax, Individual Tax, News & Events|

It is that time of year again. Our 2013 Year End Tax Planning letter is now available. This document is full of helpful information to help you take advantage of those last minute tax saving strategies and to help you avoid potential pitfalls. Please let your JMF Tax Professional know if we may be of [...]

September 16, 2013 – Deadline for some Legally Married Same Sex Couples

By |2017-05-18T22:55:08+00:00September 6th, 2013|Accounting & Auditing, Individual Tax|

If you have any clients that are affected by the Defense of Marriage Act (DOMA) please be aware that the IRS now recognizes all same-sex marriages nationwide. If a same-sex couple is legally married in a state that recognizes same-sex marriage, the couple will be treated as married for all federal tax purposes.  This is [...]