Latest News

Michael Bohling and Richard Taylor Attend HLB International Conference in China

In November, Richard Taylor and Michael Bohling attended the HLB International Conference in China. The theme for the conference was “China: Now and on the Global Horizon.” Topics centered around the Chinese accounting standards, tax system, and doing business in China. HLB Gross Collins, P.C. is very active in international markets. Through HLB International, we have affiliate firms across... Read More

Tax Updates and Limits

The maximum amount of earnings subject to Social Security will be $110,100 for 2012, up from $106,800 for 2011, the Social Security Administration (SSA) has announced. SSA also reported that the so-called “nanny tax” threshold will increase to $1,800 for 2012, up from $1,700. Elective deferrals. The limits on elective deferrals for employees who participate in 401(k)s, 403(b)s, certain 457s,... Read More

Beth Salvati featured in UT’s Alumni Spotlight

HLB Gross Collins, P.C. shareholder, Elizabeth Salvati was recently featured in The University of Tennessee’s newsletter, e-Archways in the alumni spotlight section. Click here to see the issue. Read More

HLB Gross Collins, P.C. Sponsors Green City of the Future Event

HLB Gross Collins, P.C. is pleased to participate in the Green City of the Future presentation and mini-trade show hosted by the French-American Chamber of Commerce. The day long event involved panel discussions and distinguished guests including Mayor Kasim Reed. Topics included Water Technologies of the 21st Century, Transportation in the 21st Century and Electrical City of the 21st Century. Our... Read More

HLB Gross Collins, P.C. Hosts Australian/New Zealand Chamber of Commerce Luncheon

On September 29, HLB Gross Collins, P.C. had the honor of hosting the Australian New Zealand American Chamber of Commerce luncheon. The luncheon took place at our office with about 30 chamber members and firm members in attendance. The keynote speaker was Michael Williams, CEO of Reliance Worldwide, one of the largest manufacturers of thermostatic water control valves. The company was founded in... Read More

Time to Think About Early Year-End Tax Planning

As the third quarter of 2011 comes to a close, it’s not too early to think about year-end tax planning. Both individuals and businesses can take actions to reduce their taxes. As always, any action must make economic sense as well as fulfill tax planning requirements. This year is different from 2010 in some respects. At this time last year, it appeared that individual tax rates might increase in 2011... Read More

HLB Gross Collins, P.C. Participates on Panel Discussion

On September 22, HLB Gross Collins, P.C. participated on the Beta Alpha Psi panel discussion at the University of Georgia. Jennifer Harrison represented the firm on the panel which focused on “Resumes, Interviews and Internships.” Following the panel, we hosted an event in conjunction with the two other panelist firms. The dinner event took place in the Richard B. Taylor room in Stegeman... Read More

IRS Launches New Voluntary Classification Settlement Program

The IRS has announced the launch of a new Voluntary Classification Settlement Program (VCSP) that will enable many employers to resolve past worker classification issues and achieve certainty under the tax law at a low cost by voluntarily reclassifying their workers. Under the VCSP, which is a part of the IRS’s “Fresh Start” initiative, employers can become compliant by making a minimal... Read More

Mileage Rates

Effective July 1, 2011, the business standard mileage rate increased from 51 cents-per-mile to 55.5 cents-per-mile for business miles driven on or after July 1, 2011 and on or before December 31, 2011. The medical/moving standard mileage rate increased from 19 cents-per-mile to 23.5 cents-per-mile for the same period. However, the charitable standard mileage rate, which is fixed under Code Section 170... Read More