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Georgia Sales and Use Tax: Construction Exemption for Private Colleges Enacted

Enacted Georgia legislation creates a temporary, refundable sales and use tax exemption for sales and uses of construction materials used for or in the construction of buildings at a private college. Provisions in the legislation pertaining to property tax are reported separately. The sales and use tax exemption applies from July 1, 2015, through June 30, 2016, or until the refunded, aggregate state sales... Read More

Richard Taylor Delivers Keynote Speech at KSU

On July 29, Richard Taylor was given the honor of delivering the Keynote Presentation at the hooding ceremony for the graduating Masters of Accountancy students at Kennesaw State University. Richard was tasked with inspiring the students and his presentation touched on some of the key factors that Richard has consistently seen in those who have achieved success within the accounting industry. Richard is a... Read More

HLB International’s conference in Amsterdam brings together 200 professionals from 40 countries and prestigious speakers

Michael Bohling and Iliana Malinov of HLB Gross Collins, P.C. recently attended the HLB International Audit and Tax Conference that took place in Amsterdam. The HLB International annual audit & tax conference brought together close to 200 professionals from 40 countries. The conference was an opportunity to hear about the latest trends in the profession from prestigious speakers including: ... Read More

HLB International Appoints New Members in Germany, Italy and Turkey

HLB International, one of the leading global accountancy networks with presence in 130 countries, has recently signed new members in: Germany GAR Gesellschaft für Aufsichtsrecht und Revision mbH is now a member of HLB Germany. Based in the Frankfurt/Main financial centre, the firm specialises in consulting and auditing services to companies in the financial sector, especially banks and investment... Read More

Passive Activity Losses from Rental Property

In these times of high stock prices and low bond yields, investors might be thinking about rental property. Such investments can pay off, in the right situation. Before you make any decisions, though, you should be aware of the tax implications, especially the passive activity loss rules. Despite the language, those rules don’t apply to familiar investments that might seem passive, such as buying... Read More

Succession Planning for a Family Business

If you intend to name a family member to succeed you in running your company, you have some advantages. The person you’ll name (probably your son or daughter, son- or daughter-in-law) is someone you can identify easily, without an extensive search. You know that person’s capabilities and shortcomings; he or she likely works for the company now, so you have a good idea of how well the future owner will... Read More

HLB International Appoints New Members in India, Italy, and Spain

HLB International, one of the leading global accountancy networks with presence in 130 countries, has recently signed new members in India, Italy and Spain. India Guru and Jana joins the network in Bangalore, one of the major cities in the country. Established in 1994, Guru and Jana counts over 200 staff and provides services across audit and accounting, tax, business advisory and consulting. The new firm... Read More

Control the Costs of Weddings

If future weddings are on your mind in June, be prepared for sticker shock. The Knot website reports that the average U.S. wedding costs about $30,000, not including the honeymoon. Costs vary widely by location: The average is well over $50,000 in the New York City area, but it’s close to $16,000 in Western states such as Idaho and Utah. Wherever the wedding might be, it’s likely to be a sizable... Read More

HLB International Appoints New Member in South Sudan

HLB International, one of the leading global accountancy networks with presence in 130 countries, has recently signed a new member in South Sudan: HLB Oryem. Established in 2007 and based in Juba, the capital and largest city of South Sudan, HLB Oryem provides audit, accounting and tax services to a variety of clients including private companies, particularly in the bank and insurance sector, family-owned... Read More