In today’s day and age, it is important to understand what cryptocurrency is. Cryptocurrency or virtual currency, is a digital medium of exchange that can be used for purchasing, selling, and storing value, but it is not backed by a sovereign government. The U.S. Treasury currently classifies cryptocurrency as intangible property. Despite the name, it […]
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THF’s Tampa Team Named Winner of United Way Suncoast Award
THF’s Tampa Team has been named the winner of the United Way Spirit of Suncoast Award in the category of “less than 100 employees” for the 2018 campaign year. United Way’s Spirit of Suncoast Award honors local companies for their exceptional commitment and investment by their organization and their employees. The award is presented […]
THF Congratulates Brandon Mott on Being Selected as an FICPA Horizon Award Recipient
THF congratulates Brandon Mott on being selected as a Florida Institute of Certified Professional Accountants (FICPA) Horizon Award recipient. The FICPA’s Horizon Awards recognize the brightest young CPAs who are advancing the CPA profession and working to better their communities through service. Honorees are considered to be accelerating the accounting field through professional experience, leadership, […]
Mileage Rates for 2019 & Popular Mileage Tracking Apps
The 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes have been issued. Beginning on January 1, 2019, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 58 cents for every mile of […]
THF Congratulates Megan Keplinger on Joining the Tallahassee Network of Young Professionals Board
THF congratulates Megan Keplinger on joining the Tallahassee Network of Young Professionals Board as the Marketing Chair. The Tallahassee Network of Young Professionals was established with the goal to foster personal and professional growth by connecting members through fun and engaging activities, while simultaneously offering career enhancing opportunities. Its mission is to make Tallahassee a city […]
THF Congratulates Allan Franklin III on Earning the Certified Fraud Examiner (CFE) Designation and Joining the Board of Directors of Infragard of Tallahassee
THF congratulates Allan Franklin III on earning the Certified Fraud Examiner (CFE) designation. He has also been invited to join the Board of Directors of Infragard of Tallahassee. The CFE is a credential awarded by the Association of Certified Fraud Examiners (ACFE). The ACFE is a provider of anti-fraud training and education. With over 80,000 members, […]
THF Welcomes Beau Liao and Matthew Warren to the Firm
THF welcomes Beau Liao and Matthew Warren to the firm. Matthew, a Tallahassee native, received his bachelor’s degree in accounting from Flagler College. Matthew attended Chiles High School and is in his first year of public accounting. Beau, originally from China, received his bachelor’s degree in accounting from Florida State University, followed by his master’s […]
THF Promotes Gabe Crook, Jessica Gonzalez Shipe, and Megan Keplinger
THF congratulates Gabe Crook and Jessica Gonzalez Shipe on their promotions to Senior in the Assurance Services Department along with Megan Keplinger to Marketing and Business Development Coordinator. Gabe graduated with a bachelor’s degree in business administration from Florida State University. Gabe joined THF in 2015, and has been providing accounting and management services for over […]
THF Promotes Will Groom and Tim Icardi to Senior in the Tax Services Department!
THF promotes Will Groom and Tim Icardi to Senior within the Tax Services Department. Will joined the THF team in September 2016. His current responsibilities include the preparations of C-Corporation, S-Corporation, partnership, individual, not-for-profit, and state tax returns. Will graduated with a bachelor’s degree in accounting and finance followed by a master’s degree in taxation […]
THF Names Two New Shareholders: Brian Walgamott and Julian Dozier!
THF announces that Julian Dozier and Brian Walgamott have been admitted as shareholders and will join the eight other shareholders as owners of the company. A graduate of Leadership Tallahassee Class 32, Julian Dozier has been providing assurance, consulting, and other accounting services since 2006. He has a special interest in for-profit entities with specialized […]
Four Ways to Prepare for Natural Disasters
With hurricane season well underway, it’s a good idea to think about what you can do to be prepared should a hurricane or other natural disaster strike where you live. This high risk time can be scary, but here are four helpful tips to keep in mind. Get a Copy of Your Tax Return There […]
THF Welcomes Lexi Quigley and Jillian Sliger as Full Time Accounting Professionals
THF welcomes Jillian Sliger and Lexi Quigley to the firm as full time accounting professionals. Jillian received her bachelor’s degree and master’s degree in accounting at Florida State University. She started at THF part-time in September 2017 while finishing her master’s degree. She has two years of experience in the accounting industry. Her areas of practice […]
Tax Reform: Changes to Depreciation Affect Businesses Now
If you are a business owner, the Tax Cuts and Jobs Act may affect your depreciation deductions and taxes. You can generally depreciate tangible property except land, which includes buildings, machinery, vehicles, furniture, and equipment. Changes to depreciation and how they will affect businesses may include: Businesses can immediately expense more under the new law. […]
The One Vulnerability Cyber Thieves Are Desperate to Exploit: Weak Passwords
Cybersecurity attacks are becoming more pervasive and seemingly effortless to pull off. Cybercriminals who can execute a successful attack are seizing credit card numbers, bank account information, and even Social Security numbers. You can strengthen your organization’s cybersecurity risk management plan by addressing this one vulnerability: weak passwords. The capture or reuse of passwords, or […]
The New NFP Financial Reporting Standard ASU 2016-14: The Top 5 Things Your Board Should Know!
The ASU 2016-14 was recently modified to update the current model. The changes improve information in financial statements and notes and allows NFP organizations to better tell their story. This applies to all NFPs and is effective for annual financial statements issued for fiscal years beginning after December 15, 2017. WARNING: This blog contains intense, […]
Popular Mileage Tracking Apps
Whether you’re traveling for business, charity, medical purposes, or pleasure, it is important to track your mileage for tax purposes. The IRS has documentation requirements in order to claim business mileage deductions. You will need to keep a mileage log for each year you claim this deduction. Your mileage log must include the starting mileage […]
