What’s in the Fiscal Responsibility Act? President Biden has signed into law the new debt ceiling agreement that he reached with U.S. House of Representatives Speaker Kevin McCarthy (R-CA). The...
Congratulations, Brad! As of May 31, 2023, Brown Edwards' partner, Brad Bailey will be officially retired!
Step-by-Step Guide to SALT Compliance for SaaS Companies Tax obligations can be extremely complex, especially for SaaS companies. The tech M&A frenzy over the past few years has led SaaS companies...
Congratulations, Richard! As of May 31, 2023, Brown Edwards' partner, Richard Yancey will be officially retired!
Biden Administration Releases 2024 Budget, Green Book The Biden administration on March 9 unveiled a budget proposal for fiscal 2024 that would reduce the federal deficit by nearly $3 trillion over...
Congratulations, Tom! As of May 31, 2023, Brown Edwards' partner, Tom Puryear, will be officially retired! Tom joined Brown Edwards as a partner in November of 2021 as part of the acquisition of...
Congratulations, Matt! As of May 31, 2023, Brown Edwards' partner, Matthew Burchett will be officially retired! Matt joined Chambers, Paterno and Associates as a bewildered, level-zero associate in...
Social Security’s Future: The Problem and the Proposals Recent reports have raised new concerns about the impending insolvency of the Social Security program, absent congressional action. Social...
Endowment Woes! Navigating The Nuances With Endowments An endowment is a pool of funds donated or set aside to be preserved over time in order to support an organization’s mission. Nonprofits...
IRS Denies Basis Step-up for Assets of Irrevocable Grantor Trust Not Included in Grantor’s Estate The IRS on March 29 released Rev. Rul. 2023-2, which confirms that the assets of an irrevocable...