News Articles

17

September

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Alexander Thompson Arnold PLLC Hires Experienced Principal

Alexander Thompson Arnold PLLC (ATA), a certified public accounting firm, is pleased to announce the return of Tommy Legins, CPA, CGMA, MBA to the firm. Legins is an accomplished financial and tax accountant with more than 28 years of experience serving a variety of business, individual, and agricultural clients. Legins worked with the firm for … Continued

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13

September

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Deadline is Approaching

An important deadline is coming up fast. The IRS wants to remind taxpayers that the 3rd installment of estimated tax payments is due 9/17/18. This may affect small businesses, self-employed individuals, retirees, investors, and anyone who pays their federal taxes quarterly. The Tax Cuts and Jobs Act of 2017 changed the way tax is calculated … Continued

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02

August

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ATA Named Top 200 Firm in Nation

Alexander Thompson Arnold PLLC Named Top 200 Firm in Nation ATA is pleased to announce its recent accolade as a 2018 IPA Top 200 Firm deemed by INSIDE Public Accounting’s (IPA) 28th Annual Survey and Analysis of Firms. IPA 100, 200 and 300 firms are ranked by U.S. net revenues and are compiled by analyzing … Continued

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27

July

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Unemployment Benefits

Employers generally pay federal unemployment tax (FUTA) of 6% on the first $7,000 of covered wages of each employee each year. That’s offset by the state unemployment insurance (UI) tax paid. States that can’t meet their obligations to pay UI benefits may borrow funds from the federal government. If the loans aren’t repaid, employers in … Continued

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10

July

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New Rules

The Tax Cuts and Jobs Act ushered in new rules for the “kiddie tax,” which govern the taxation of unearned income of certain young taxpayers. Under prior law, children having more than $2,100 (in 2017) of unearned income were taxed at the same rate their parents paid (unless the child’s rate was higher). On 1/1/18, … Continued

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