This page brings together resources and insights to help make change an opportunity for, instead of a disruptive force on your business.
🎬 Let Me Know. Having your “I”s dotted and “T”s crossed is important. But you need more than just compliance. Most business decisions have operational, tax, personal or long-term financial repercussions. HORNE can help.
With all the regulatory changes around COVID relief, it's important to understand all of the available credits. In this live webinar, our Public & Middle Market team members discussed, PPP2 updates, Employee Retention Credit, tax changes and more.
🎬 CPAs are awesome! And we should know. HORNE is a professional services firm founded on a cornerstone of public accounting. But HORNE didn’t stop there. We added even more talent & skills to solve our clients’ biggest issues.
MORE THAN. We focus on construction, cybersecurity, economic recovery, financial institutions, franchise, healthcare, M&A and public & middle market companies nationwide. We also offer technology & business acceleration services. And yes, we do taxes.
Given the variety of reasons an owner might wish to sell a business, there are likewise several approaches to running a “marketing process.”
One way to manage the economic recovery is through changes to the current tax law. This chart examines the differences between the proposals under current President Donald J. Trump and Democratic nominee Joe Biden.
With so many individual companies participating in PPP loans, it is unsurprising that many of them are working through ownership changes before their loan forgiveness determination can be made.
On Friday, May 15, the Small Business Administration (SBA) released the much-anticipated Paycheck Protection Program (PPP) Loan Forgiveness Application.
Mississippi extended the deadlines to file and pay individual and corporate income taxes from May 15 to July 15, 2020.
The SBA's PPP loan, its forgiveness & unclaimed Mississippi state tax incentives provide opportunities for businesses impacted by the COVID-19 quarantined.
Applicants that submit complete, supported forgiveness information will receive the maximum loan forgiveness and have their approvals processed quickly.
Hackers are using the rush to obtain loan proceeds as an opportunity to take advantage of unsuspecting business owners. You must remain vigilant regarding this and other phishing attempts.
The U.S. Chamber of Commerce Foundation launched the Save Small Business Fund to provide assistance to small business owners impacted by coronavirus.
SBA 7(a) Relief Loans offered under the PPP cover payroll and other specific expenses for small businesses for an eight-week period.
Mississippi offers manufacturers many tax incentives that enable companies to prosper and grow. But are you taking advantage of all the opportunities you qualify for?
Updated March 12, 2020: Senate Bill 2563 has been amended and passed by the Senate. It will now make its way through the House. The amended bill increases the minimum...
Investors must place a higher value on the cyber resilience of a potential acquisition.
Taking steps now to ensure that you have the expertise necessary to avoid expensive corrective measures in the future is key.
As banks change hands and new owners seek financing, often through Small Business Administration (SBA) loans current SBA Standard Operating Procedures (SOP) require an independent business valuation by a qualified source.
National Peer Review Committee (NPRC) Firms are required to have their PEER review administered by the NPRC. For the year ended April 30, 2018, Horne LLP has received a peer review rating of pass.
Establishing a zero-tolerance culture is the foundation to fighting fraud. Employees, vendors, partners and customers must understand that honesty and integrity are the standards for business behavior – and that you will not compromise.
Fraud is a significant risk to insurance companies. Most executives and employees understand the risk of fraud but struggle to find the resources to fight it.
The cage-free hen population has exploded to a 60 million-dollar industry in the U.S., which is nearly double what it was in 2016.v
The trucking industry has seen an uptick in volume and demand over the past year. Fleets have been buying trucks and hiring drivers at a steady rate but there are people in the industry that are unsure of how long the good times will last.
Potential Changes coming to Offer Fiber Internet to Rural Mississippi.How to Manage the Flood of Ubiquitous Data. Three Data Problems for Tech Industry. Robocalls and Relief?
One of the significant changes made by the Tax Cuts and Jobs Act (TCJA) was to slash the top C corporate tax rate from 35% to a permanent flat 21%...
Owners, executives and other key employees sometimes testify in litigation involving lost profits or valuation issues. But beware: layperson testimony that crosses over into expert witness territory is at risk of being excluded from evidence. And sometimes the lay witness is just a bad witness.
In the Tax Cuts and Jobs Act of 2017, Congress established an Opportunity Zones program to increase long-term investment in community development programs. Congress hoped by designating the low-income communities...
Stock Based Compensation - the key to attracting the key talent for your company.
The FASB issued an Accounting Standards Update intended to improve financial reporting on leasing transactions.
In 2013, a senior accountant of a financial institution discovered a suspicious $500,000 debit in a suspense general ledger account. Upon further research, the accountant discovered that this amount involved seven “cashier’s” or “official” checks that were all issued by the head branch teller.
HORNE provided the company with insights on how to improve its internal controls to mitigate its fraud risks and to prevent future losses. Our report helped the company support its insurance claim and thus remediate its losses.
A production with a $25 million budget could have potential fraudulent expenditures of over $1.25 million, or 5% of expenditures, based on most recent ACFE survey.
This outline provides an overview of the steps needed to ensure a smooth transition to the new Revenue Recognition Standard.
On June 21, 2018, the Supreme Court of the United States (SCOTUS) issued a landmark ruling in South Dakota v. Wayfair. The case involved whether or not it was constitutional...
On December 22, 2017, President Trump signed sweeping tax reforms into law. As a result of the new and modified federal provisions, state conformity has become a popular topic of...
During the primetime of the 2017 10K filing season, the SEC issued additional guidance and expectations for cybersecurity disclosures. Cyber has been a hot topic for the SEC in the...
The largest re-write of US tax law in over 30 years is now complete and subject only to the President’s signature. The details are voluminous and initial guidance should appear in...
Over the last week, the pace of work in Congress on tax reform has picked up substantially. The House passed the “Tax Cuts and Jobs Act” last Thursday, and the...
The House Ways and Means Committee just released the details of their tax reform bill and will start hearings next week. The Senate Finance Committee will roll out their companion...
If you’ve never shopped at Ikea yourself, chances are that you know someone who has. And you’ve likely heard a horror story about attempting to assemble one of the furniture...