ALBANY, GA – Draffin & Tucker, LLP is pleased to welcome Rebecca McKinley, CPA, as a new partner to the firm, effective January 1, 2020. Rebecca joined Draffin Tucker in 2004 as a staff accountant after graduating from Troy University with a Master of Business Administration. She has made numerous contributions to the firm, our [...]
The proposed Medicaid Fiscal Accountability Regulations (MFAR) could result in severe Medicaid cuts to both hospitals and other providers in states that heavily rely on IGTs and provider taxes to finance the state share of Medicaid payments. CMS is accepting comments on this proposed regulation. The Georgia Hospital Association (GHA) has developed a Georgia-specific template [...]
We hope to see you at the 340B Coalition Winter Conference, February 10-12 in San Diego! Draffin Tucker’s 340BACE, Matthew Atkins, will be speaking in two sessions: “Audit Findings Update and Improving Compliance” (2/10) and “Strategies to Prevent Duplicate Discounts” (2/11). Visit www.340BWinterConference.org to register for this conference.
The “Parking Tax” imposed under I.R.C. Section 512(a)(7) upon enactment of the 2017 Tax Cuts and Jobs Act has now been retroactively repealed under the Taxpayer Certainty and Disaster Tax Relief Act signed into law on December 20, 2019. The 2019 Act repeals the highly contested unrelated business income tax on tax-exempt organization disallowed fringes [...]
Partner Jeremy Wilson talks about how they can help provide a mid-year financial wellness check for your business. http://ceonews-video.s3.amazonaws.com/video/video-files/MetroAtlantaCEO-07-30-19-02-Wilson.mp4
Draffin Tucker’s Tyler Rose recently wrote an article explaining this tax credit and how pecan growers can benefit. Background In November 2018, the Georgia General Assembly passed House Bill 4EX during a special session. This law established the “Georgia Timber Tax Credit” in response to the devastation caused by Hurricane Michael. Because of the misleading [...]