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Tag Archives: accounting

Society of CPAs offers 100 seminars to keep accountants up to date

cpa accounting

By LYNN LOFTON Accounting involves an array of various fields of expertise, and certified public accountants must stay on top of things in the constantly evolving world of regulations, tax codes and technology. The Mississippi Society of CPAs helps them by providing training seminars throughout the year. “We strive to educate accounting professionals on the latest rules, regulations and standards in ...

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No matter the size of the law firm, personal relationships are vital

law

By BECKY GILLETTE The trend in recent years for law firms in Mississippi and across the nation has been mergers and buyouts that lead to larger and larger law firms. But small to mid-sized law firms in the state are by no means endangered. They have strategies that keep them doing a thriving business in a state where personal relationships are ...

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Ben Young admitted as partner

R. Ben Young, CPA, has been admitted as partner with Alexander, Van Loon, Sloan, Levens & Favre, PLLC, a regional accounting and business consulting firm with offices in Gulfport and Wiggins. Young, a native of Gulfport, joined Alexander Van Loon in 2001. Since 2010, Young has served as director of the firm’s tax department providing tax. Young received his Bachelor ...

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Lamar to become third state Supreme Court justice to depart

law

JACKSON — A third justice is leaving the Mississippi Supreme Court, continuing turnover on the nine-member body. Justice Ann H. Lamar of Senatobia says she’ll retire at the end of her current term in December. Unlike two other justices, the 63-year-old will not resign early, meaning Gov. Phil Bryant won’t name a replacement. Voters in the state’s Northern District will ...

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ED WILMESHERR — Life in the post-subprime mortgage era 

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Banks in general, and community banks in particular, have experienced eight years of challenges, beginning with the first days of the great recession in 2007. The years 2007 and 2008 were a time of liquidity crisis and fallout from the housing bubble and the so-called subprime mortgage crisis. Bank regulatory agencies imposed extraordinary scrutiny upon banks, their loan portfolios, their ...

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Tax-deduction extensions a relief for firms

taxes

By BECKY GILLETTE  Small businesses went through most of 2015 without knowing whether business tax provisions would be extended – allowing bonus depreciation which lets businesses deduct up to half the cost of eligible equipment placed in service in 2015, and Section 179 expensing that allows the expense of up to $500,000 of eligible equipment placed in service in 2015. ...

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Fast-growing field of compliance officers can fix problems, prevent fraud

Buying freedom

By LISA MONTI  If you don’t know what a compliance officer does, don’t be too hard on yourself. The job has been around a relatively short time so it isn’t that well known, but its ranks are growing. Roy Snell, CEO of the Society of Corporate Compliance & Ethics, a non-profit professional membership organization, said the corporate compliance officer’s role ...

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Law firm rankings are abundant, but not created equal

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By BECKY GILLETTE If you think football is competitive, try the field of law, where a lot can be at stake in legal actions that can have far-ranging economic impacts. But unlike the end of a football game when a winner is declared, it often isn’t so easy to judge the effectiveness of attorneys. But there certainly is no shortage ...

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Selling your business? check ramifications of tax laws before sale

News

By LISA MONTI Owners thinking about selling their businesses should consider taxes well before the deal is done, say attorneys who specialize in the process. “Generally, the first thing that an owner contemplating the sale of his business would want to do is to meet with his or her competent business and tax adviser to discuss goals and structuring alternatives. Early ...

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Group of four joins Butler Snow’s business department

law

  RIDGE LAND —  Butler Snow has announced that a team of 4 attorneys has joined the firm as members of the business department.  Steve Hendrix, Robert Hutchison, Craig Smith and Thomas Watson join the firm adding significant experience in the areas of real estate, economic development, finance, mergers and acquisitions, corporate governance, and tax credit transactions. “These respected attorneys are well known across ...

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