The Mississippi Department of Revenue communicated the following information regarding Employee Retention Credits to members of the Mississippi Society of CPAs:
The U.S. House of Representatives and the U.S. Senate each have passed the Inflation Reduction Act, a $430 billion package that includes several changes to tax laws. President Biden signed the bill into law on August 16
Luke McAlpin is a senior manager in the public and middle market practice at HORNE where he provides grant guidance and management for clients. He uses his expertise to lead and manage contract negotiations and ensures that his clients are up-to-date on changes made to grant management laws and regulations.
Kriste Cullum is a senior manager at HORNE where she serves publicly and privately held companies. She specializes in both internal and external audits of regulatory, manufacturing, agriculture and not-for-profit industries.
The pandemic presented unprecedented challenges for American businesses and local governments. As our nation heads toward a post-Covid environment, equally unique opportunities are taking shape. What does this mean for you?
Elizabeth Ford serves as an assurance senior manager for HORNE where she serves publicly and privately held companies. She provides assurance and internal audit services to a number of publicly and privately held companies, including companies in the retail, pharmaceutical, and agriculture industries.
Increased consumer spending during the pandemic and rising inflation has also resulted in higher tax revenues for nearly all states.
Justin Poole is a senior manager in the comprehensive tax solutions group at HORNE. He oversees the managed accounting services team which offers outsourced accounting solutions to privately held companies.
Megan Hudson is the Director of Cyber Advisory Services at HORNE Cyber. She provides her clients with insights regarding processes, procedures, policies, risk management and compliance specific to their industry.
Mississippi offers manufacturers many tax incentives that enable companies to prosper and grow. But are you taking advantage of all the opportunities you qualify for?
HORNE can provide objective insights into the potential pitfalls, innovative solutions or best practices that help you make smarter, data-driven business decisions. Our strong analytical skills bring a fresh perspective to key areas of your business.
One of the most intriguing and discussed elements of recent tax reform is the creation of Qualified Opportunity Zones, which are economically-distressed communities where new investments, under certain conditions, may be eligible for preferential tax treatment. The tax benefits offered by investment in Qualified Opportunity Zones are meant to encourage economic development in these communities, which are officially designated at the state level.
Are you interested in selling your business, identifying a potential target for acquisition or merging with an organization that has complementary strengths? HORNE can help you position your company for success by assisting you with the extensive array of details involved with M&A opportunities.
We help you find ways to ensure that you are fulfilling your tax obligations without leaving money on the table, whether it’s identifying opportunities for tax credits, recovering past overpayments or discovering missed deductions.
Today, it’s not enough to simply know your business. Complex risk, regulations and reporting requirements mean that you and your executive team must have access to a balance of financial, legal and business expertise. HORNE helps you build leadership structures that establish the skills, expertise and diversity needed to meet the demands and expectations of today’s business environment.
We bring together industry, economic and business expertise to give you a complete sense of the opportunities and challenges you can expect on the road ahead.
To stay prepared for opportunities, you need sound financial information and controls that ensure compliance and manage risk. Monitoring each potential source of risk can be time consuming and create uncertainties, whether it’s internal components, like technology, or the impact of evolving industry regulations.
In this live webinar, our Public & Middle Market team members discussed PPP2 updates, Employee Retention Credit, tax changes and more.
Amy Wilson Smith is a senior manager at HORNE where she provides various tax services for multi-state business entities, financial institutions, fiduciary entities, as well as nonprofit organizations. She primarily assists large, privately-owned corporate and flow-through clients with their tax compliance and consulting needs.
Maureen H. Scott serves as a tax services director at HORNE. Maureen primarily works in the areas of individual, fiduciary and small business taxation. Maureen joined HORNE in 1999 and has more than 25 years of experience. She has previous experience with two international accounting firms.
Megan Toles is a senior manager for privately and publicly held companies. She serves primarily in the external audit capacities in a variety of industries including manufacturing, oil and gas, food services and digital interactive media. She specializes in performing reviews of high-risk areas, being a technical resource and ensuring the team meets its deadlines.
Neal Stephens is a transaction advisory senior manager for HORNE Capital Strategies at HORNE LLP. He works with business owners, strategic corporate buyers, and private equity investors to advise and manage the sale and purchase process for transacting parties.
Timothy Smith is a senior manager in the public and middle market industry at HORNE. He focuses on developing relationships with decision makers across state and local government and the private sector, and shepherding them through decision making regarding grant implementation, management and compliance. He also guides and participates in consulting projects for state agencies, local governments and private sector businesses.
Angela Phyfer serves as a tax services director for HORNE. Angela primarily works with business entities in the areas of real estate, agribusiness, food services, manufacturing, cost segregation and 179D energy efficiency.
Alison McLendon is a director in HORNE’s public and middle market practice where she serves in both internal and external audit capacities in a variety of industries, including manufacturing, oil and gas, pharmaceutical, agribusiness, food services, motion picture production and digital interactive media and software.
Jon is a data analytics senior manager at HORNE. He serves private and public companies by collaborating with them to use their data to solve problems and achieve their strategic objectives.
Parker Smith is a tax services senior manager at HORNE where he focuses on tax compliance and consulting services for publicly and privately held clients. He specializes in tax return compliance, accounting for income taxes under ASC 740 and accounting methods reviews and consulting.
Mary Kathryn Allen is a partner at HORNE. She specializes in tax compliance and business consulting for publicly and privately held clients as well as state and local tax compliance.
Tax rules get more complex every year. Every decision you make impacts your tax situation. HORNE knows the vital impact of proactive tax planning.
Risk management involves every facet of your organization, regardless of your industry. We help transform risk into opportunity to give you peace of mind.
Robert Miller is a senior director at HORNE where he leads the public & middle market tax team, and also serves as HORNE’s firmwide director of tax. He specializes in helping businesses navigate the complex tax environment.
Companies that are looking to expand through an equity raise, merger, or organic growth face unique challenges and urgency. HORNE’s Joe Green works alongside clients to manage deadlines and stressful situations for them, so they can focus on their future.
Public and middle market companies face unique challenges, often dependent upon their industry or company goals. HORNE’s Patrick Gough provides a quick, expert response and accurate, quality work to address critical issues and keep our clients safe and successful.
HORNE Capital’s Josh Edwards works on the buy-side and sell-side transactions. He helps spot concerns unique to each M&A deal and provides the information and insight needed to ease uncertainties and keep the process moving.
For middle market and public companies, opportunities often come with a host of complexities. HORNE’s Rusty Butcher is here to help anticipate market factors and internal challenges so you are well informed and ready to take control of your future.
Reduce exposure to cybersecurity threats. Stay ahead of the ever-changing regulatory requirements and strengthen your cybersecurity posture.
HORNE’s audit and compliance services provide a strategy to institute controls and manage risk and compliance to keep you prepared for opportunity.
Many companies and individuals have applied for funds from the Small Business Administration (SBA) 7(a) Relief Loans Paycheck Protection Program (PPP). Our previous communication addresses the recent suspension of the PPP due to inadequate funding. For our clients that did not receive funds or approval prior to the suspension, we will continue to work on completing applications and submitting to lenders in anticipation of additional funds being made available under the PPP.
Businesses today have to make tough decisions and search for funds to keep doors open and employees paid. Many applied for the SBA’s PPP loan to offset losses during the COVID-19 shutdown. The loan offers short-term relief, but there may be another opportunity for businesses to find additional monies in the form of unclaimed Mississippi state tax incentives.
It has come to our attention that a new email phishing or “spoofing” scheme is being sent to businesses seeking financial assistance due to COVID-19. The emails are an attempt to scam business owners that have applied, or are considering applying, for Paycheck Protection Program loans backed by the U.S. Small Business Administration. These emails may look legitimate and appear to come from your bank.