Tax reform discussions continue in Congress on variety of approaches
House and Senate lawmakers have started their August recess,
leaving pending tax legislation for after Labor Day. In past years,
September has been a busy month for tax legislation and this year
is li...
IRS continues campaign against worker misclassification
The IRS remains focused on an issue that doesn’t seem to be going
away: the misclassification of workers as independent contractors
rather than employees. Recently, the IRS issued still another ...
Rules for managing tax basis on stock sales worth a look
A recent Tax Court decision and pending tax reform proposals have
intersected in highlighting how stock sales can be timed for
maximum tax advantage. The taxpayer in the recent case (Turan, TC
Memo. 2...
FAQ: What is Country-by-Country reporting?
Country-by-Country (CbC) reporting is part of a larger initiative
by the Organisation for Economic Cooperation and Development (OECD)
known as the Base Erosion and Profit Shifting (BEPS) project. CbC
...
How Do I? Deduct student loan interest
An eligible taxpayer can deduct qualified interest on a qualified
student loan for an eligible student's qualified educational
expenses at an eligible institution. The amount of the deduction is
limit...
August 2017 tax compliance calendar
As an individual or business, it is your responsibility to be aware
of and to meet your tax filing/reporting deadlines. This calendar
summarizes important tax reporting and filing data for
individuals...
FAQ: How are vacation homes taxed?
Vacation homes offer owners many tax breaks similar to those for
primary residences. Vacation homes also offer owners the
opportunity to earn tax-advantaged and even tax-free income from a
certain lev...
How do I? Compute the small business health insurance credit
Under the Patient Protection and Affordable Care Act (PPACA), small
employers can claim a credit for providing health insurance for
employees and their families. Health insurance includes not only
bas...
IRS introduces simplified method for claiming home office deduction
The IRS has announced a new optional safe harbor method, effective
for tax years beginning on or after January 1, 2013, for
individuals to determine the amount of their deductible home office
expenses...
Brumlow and Company, P.C., Certified Public Accountants is a full service accounting firm serving clients in Metro Atlanta and the Southeastern United States. We have been serving the Atlanta Area and our clients for over 28 years. Our expert staff provides a comprehensive array of services for businesses and individuals. Our CPA's total over 75 years experience and our staff combines to provide over 100 years of experience.
We specialize in small business and are big enough to provide you with the knowledge and expertise you need to control your business and tax liability but still small enough to care. We have expertise in a wide range of industries including non-profit, transportation, construction, professional services, wholesale and retail. We pride ourselves on our personal service and the ability to listen to your situation and recommend the right services and strategy to give you the information and the time to run your business.
As a full service CPA firm we can offer Tax Services, Attest and Audit Services, Bookkeeping, Payroll and Advisory Services. We can even assist with complex IRS representation and IRS/State collection problems. To learn more about our services please explore this site and contact us to set up a meeting to review your situation.
We specialize in small business and are big enough to provide you with the knowledge and expertise you need to control your business and tax liability but still small enough to care. We have expertise in a wide range of industries including non-profit, transportation, construction, professional services, wholesale and retail. We pride ourselves on our personal service and the ability to listen to your situation and recommend the right services and strategy to give you the information and the time to run your business. 