Anglin Reichmann Armstrong has been chosen as Pensacola News Journal’s “Best of the Bay” in the Accountant category for 2022. This will be the third time we have won the Best of the Best Pensacola readers’ choice award since 2019. The “Best of the Bay” is a designation among the best of the best local...Continue Reading
We’re Moving our Pensacola Office ‘Downtown’ Someone once said, “things will be great when you’re downtown.” We decided to see if that is true in Pensacola. In late October our Pensacola team is making the move to 25 W Government Street, just blocks from the waterfront and within walking distance to galleries and restaurants. We...Continue Reading
Maximize Your Estate and Gift Exclusions Before 2025 In 2022 the Internal Revenue Service maintains a $12.06 million gift and estate exemption as part of the Tax Cuts and Jobs Act of 2017, meaning that you can leave up to $12.06 million to a spouse automatically after death without your spouse incurring a federal estate...Continue Reading
The Internal Revenue Service announced they are looking to hire over 4,000 contact representative positions in 22 cities in the U.S. and in Puerto Rico. So far through the month of June, the IRS has held virtual and in-person hiring events where they have given job offers to qualified candidates. “The IRS continues to increase...Continue Reading
“This announcement is more than 30 years in the making.” – current managing partner Gary Anglin, CPA, CGMA HUNTSVILLE, AL, June 28, 2022 — Anglin Reichmann Armstrong announced the appointment of Brandon C. Smith, CPA to Managing Partner, effective July 1, 2022. Current Managing Partner Gary Anglin, CPA, CGMA, transitions to chair of the firm’s...Continue Reading
We know and have felt by now the effects of supply chain issues due to the pandemic. If you are in real estate, construction or manufacturing you may have seen an immediate difference between your 2019 revenue vs 2020 and 2021 revenues. How do you project costs and create budgets for 2023 based on the...Continue Reading
We are approaching the time of year when many companies undergo an annual audit of their 401(k) plan. Even if an audit is not required of your company’s 401(k) plan, this is a great time to review the plan and ensure your fiduciary responsibility is being met and the plan is functioning as designed. Benefit...Continue Reading
This article was written by Meg Hampton and originally published by Accounting Today. We have heard that many of the tasks and duties that today’s college students will perform by 2030 have not been invented yet. The evolution of technology and AI is already changing how public accountants perform their work, and it stands to reason...Continue Reading
The IRS is explicitly providing the opportunity for non-compliant taxpayers who hold (or previously held) cryptocurrencies and failed to report them to the IRS to voluntarily come forward and avoid potential criminal prosecution. For practitioners in the business of assisting taxpayers with tax compliance, it’s déjà vu all over again. Previously, to ensure taxpayers fall...Continue Reading
