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 […]
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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 […]
