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Recursos e Información
Recent Court Decision Reaffirms Importance of Adequately Documenting Deductible Management Fees
In October 2021, the Internal Revenue Service (IRS) formally launched the Large Partnership Compliance (LPC) Pilot Program. The LPC program represents a focused effort on the part of the U.S. Treasury Department and IRS to improve partnership compliance. Not surprisingly, we are beginning to...
Hancock Askew & Co. is Proud to Announce the Promotion of a Partner & Five Principals
Georgia and Florida (May 19, 2022) – Hancock Askew & Co., LLP, a full-service audit, tax, accounting and advisory firm is proud to announce the promotion...
Hancock Askew & Co. is honored as a 2022 Atlanta’s Best and Brightest Companies to Work For®
Atlanta, GA (May 6, 2022) – Hancock Askew & Co. LLP (Hancock Askew) proudly announces it is a 2022 winner of Atlanta’s Best and Brightest Companies...
Tax issues to assess when converting from a C corporation to an S corporation
Operating as an S corporation may help reduce federal employment taxes for small businesses in the right circumstances. Although S corporations may provide tax advantages over...
Thinking about converting your home into a rental property?
In some cases, homeowners decide to move to new residences, but keep their present homes and rent them out. If you’re thinking of doing this, you’re probably aware of the financial risks and rewards. However, you also should know that renting out your home...
The tax rules of renting out a vacation property
Summer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the tax consequences of renting it out...
State pass-through entity tax elections: weighing the pros and cons
More than 20 states now allow pass-through entities (PTEs) to elect to be taxed at the entity level to help their residents avoid the $10,000 limit...
Tax breaks for businesses and self-employed taxpayers
As the 2021 tax filing season progresses, small businesses and self-employed taxpayers should make certain they are taking advantage of all of the tax deductions and...
ForumPay Expands Crypto Payments To The US Accounting Industry with Hancock Askew
ForumPay, the global cryptocurrency payments technology provider is partnering with Hancock Askew & Co. LLP to enable clients of the crypto friendly accounting firm to pay...
New reporting requirements for 2021 Partnership and S Corporation returns
Beginning with the 2021 tax year, certain partnerships and S corporations must use Schedules K-2 and K-3 to report items of international tax relevance to their...
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