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Tag Archives: accounting

Butler Snow’s Hairston takes the philosophical approach

By NASH NUNNERY Tray Hairston isn’t your stereotypical attorney. The Jackson native is a student of continental philosophy and existentialism. From Socrates to Sartre, Hairston once took every course offered in the discipline at Tougaloo College and followed up with philosophy course work at Emory University, Brown, NYU and Millsaps College. An attorney with the Butler Snow law firm, Hairston ...

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Analysis: Lawmakers must decide on public defense overhaul

Mississippi’s Public Defender Task Force is gone. How the Legislature reacts next year to the task force’s final report will determine whether it’s forgotten. The group conducted an extensive study of how Mississippi provides lawyers to criminal defendants who can’t afford their own, detailing a rickety county-by-county system where low pay may incentivize public defenders in many counties to skimp ...

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Document sifting gets welcome assist from e-discovery tools

By TED CARTER Lawyers deciding whether to take a case must figure-in discovery costs and the time and money expected to be spent on analyzing documents and other data. Fortunately for lawyers and the people and businesses that hire them, the arrival of the cloud and digital-discovery tools have made those costs much more manageable. Time spent immersed in documents ...

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LAW ELEVATED — Recent tax changes to encourage development & new investment

GRAY SWOOPE Wilson Montjoy Recent enactments of both the U.S. Congress and Mississippi Legislature have modified tax laws to encourage development and new investment. Reducing Fee-in-Lieu to $60 Million Enhances Economic Development Recruitment Tools, Mississippi has traditionally offered incentives for economic development, recognizing that new and expanding industries bring jobs and increased tax revenues, but that Mississippi must compete for ...

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Arthur J. Gallagher & Co. acquires Marchetti, Robertson & Brickell Insurance and Bonding Agency, Inc.

Arthur J. Gallagher & Co. today announced the acquisition of Marchetti, Robertson & Brickell Insurance and Bonding Agency, Inc., with offices in Ridgeland and Kansas City, Missouri. Terms of the transaction were not disclosed. Founded in 1953, Marchetti, Robertson & Brickell is a retail property/casualty broker, and employee benefits consultant/broker, serving clients throughout the United States, with a focus on the construction, bonding, transportation and forest product ...

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LAW ELEVATED — Benefit plan records retention: How long is enough?

Ask any benefits professional and he or she will likely tell you the question most frequently asked by benefit plan sponsors is: “How long do I have to keep these old plan documents?” The answer to that question depends whether the benefit plan is subject to federal law (the Employee Retirement Income Security Act or “ERISA”).  Most benefit plans sponsored ...

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JOHN FLETCHER: Internet sales tax gets its day in court

» Supreme Court hears arguments in major case challenging Quill Like kids queuing for the next iPhone or Star Wars episode, state and local tax experts from across the country last week camped out overnight to witness U.S. Supreme Court arguments in the internet sales tax case, South Dakota v. Wayfair.  The online seller, along with Overstock.com and Newegg, challenged ...

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Analysis: Auditor wants improved use of accounting system

State Auditor Stacy Pickering says an increasing number of accounting problems shows state employees need more training in governmental accounting practices and how to use the $100 million accounting software system that the state turned on in 2014. But maybe the more important question is, can anyone make recalcitrant agencies care? That’s one main thrust of the findings that Pickering ...

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LAW ELEVATED — Opportunity Funds — The new tax bill’s incentive to spur investments into certain community development projects

The 2017 Tax Cuts and Jobs Act, enacted Dec. 22, 2017 (the “Act”), offers new tax incentives aimed at benefiting low-income communities (“LICs”) (as defined under the new markets tax credit (“NMTC”) regulations) through the creation of Qualified Opportunity Zones (“Opportunity Zones”).  Congress believes the Opportunity Zone legislation will encourage investments that will be used to start businesses, develop abandoned ...

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