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Tag Archives: accounting

MEC, Manufacturers Association, Municipal League fear breach of fire-at-will doctrine

Mississippi Economic Council

By TED CARTER The Mississippi Supreme Court would deal a “devastating blow” to the state’s 150-year-old at-will employment doctrine by sticking to a March ruling that a worker should not have been fired for having a firearm in a locked vehicle at work. Those are the stakes as seen by the Mississippi Economic Council, the Mississippi Manufacturers Association and the Mississippi ...

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Mississippi law firms moving to mobile apps

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By LISA MONTI Mississippi law firms have embraced the website to promote their services and specialties but not many have warmed up to using a mobile app to serve clients and find new business. At least not yet. The firms in the state that do have an app say it keeps them connected with clients and helps to generate more word-of-mouth ...

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The law of (not so) average Bradley Arant attorney Stuart Lott

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By NASH NUNNERY Stuart Lott takes nothing for granted as a young attorney for one of the South’s oldest and most recognizable law firms. He believes in Miles’ Law (‘Where you stand depends on where you sit’), a phrase coined by Rufus Miles, an assistant secretary under former U.S. Presidents Eisenhower, Kennedy and Johnson. Lott, who focuses his practice at ...

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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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