Anglin is proud to announce the promotion of Kathy Davis, CPA, to Manager of the Tax Advisory Services group in our Pensacola office. This is a well-deserved accomplishment. Kathy is a member of the Northwest Florida Estate Planning Council and currently in the Leadership Pensacola (LeaP) program with the Pensacola Chamber Foundation. Congratulations, Kathy!Continue Reading
As part of an appropriations measure, Congress passed a flurry of new tax legislation at the end of 2019. These new rules may have an impact on 2019 tax returns to be filed in 2020. Notably, the “Taxpayer Certainty and Disaster Tax Relief Act of 2019” extends through 2020 several tax breaks for individuals that...Continue Reading
There are many different versions and uses for Form 1099, but all serve the same broad purpose — to provide information to the IRS about non-employment related income. It is the responsibility of the organization paying this income to send one copy to the taxpayer and one to the IRS. These forms are becoming even...Continue Reading
Year-end tax planning in 2019 remains as complicated as ever. Notably, we are still coping with the massive changes included in the biggest tax law in decades—the Tax Cuts and Jobs Act (TCJA) of 2017— and pinpointing the optimal strategies. This monumental tax legislation includes a myriad of provisions affecting a wide range of individual...Continue Reading
To celebrate volunteerism with their professionals and give back to the community, Anglin Reichmann Armstrong hosted a ‘Serve Day’ on October 18. The event involved more than 50 professionals from the firm’s Huntsville and Pensacola, Fla., offices. Service activities focused on youth, seniors, animal welfare and nutrition. Anglin employees, organized in small groups, worked on...Continue Reading
Anglin is excited to be one of 5 firms participating in the George Willie Scholarship and Internship program. We look forward to welcoming our intern, Camara Strong, in January. The American Institute of CPAs has announced the recipients of the inaugural George Willie Ethnically Diverse Student Scholarship and Internship Program. The program provides a scholarship...Continue Reading
Many business owners only consider the value of their company when they begin planning their exit strategy, but by then it may be too late to significantly impact value in a positive way. There are also many circumstances that could require an owner to sell or transition the business sooner than expected. If you know...Continue Reading
Legal and Accounting Perspectives In an ever-growing competitive environment, companies are looking for aggressive advantages. Often proposal strategies will require working with other companies to combine past performance, expertise and customer relationships. There are many opportunities when working with another company such as teaming agreements, joint ventures, and subcontract arrangements. Last month, Jack Zoesch, Beggs and Lane, and Brandon...Continue Reading
The US Financial Accounting Standards Board (FASB) new lease accounting standards has brought about many questions for companies that outsource production or logistics, including manufacturers and distributors. Here are some of the key considerations in evaluating supply arrangements to identify any contractual relationships. These relationships can impact bookkeeping and financial statement reporting going forward. In...Continue Reading
Winning the business while maintaining profitability is a fine art in pricing your goods or services. Knowing if your pricing is competitive isn’t always easy. This is an area of financial management that often isn’t reviewed enough to support good cash flow and competitive bidding. Here are some signs of low pricing and how to...Continue Reading
