News and Updates

New Partner Quinn Gormley to Join Ranks at Tidwell Group as Firm’s Expansion Continues

New Partner Quinn Gormley to Join Ranks at Tidwell Group as Firm’s Expansion Continues   BIRMINGHAM, Ala., April 5, 2018 — Tidwell Group, the fastest growing CPA firm in the country per the 2017 INSIDE Public Accounting National Benchmarking Report, is proud to announce the addition of Quinn Gormley as a new Partner to join

Tidwell Group announces new partners Todd Fentress, Aram Moore and Kevin Allmandinger as they expand into Columbus.

  2017’s fastest-growing CPA Firm, Tidwell Group, is proud to announce the opening of its Columbus, Ohio office. With this expansion into Columbus, Tidwell Group welcomes three new partners to their team.   In January 2018, Todd Fentress, CPA, joined Tidwell Group as the Office Managing Partner.  Todd’s addition to the team brings a level

New Tax Reform Bill Impacts Bonus Depreciation Opportunity

This week, Congress passed the first major tax overhaul in years. Tidwell Group has analyzed the tax provisions to share insight on how some tax provisions may impact its clients.   Taxpayers will be able to deduct 100% of the cost of qualified property placed in service after 9/27/2017. However, with tax rates decreasing starting

Ohio Announces Tax Amnesty Program

In an effort to assist taxpayers and raise revenue, Ohio recently announced a new tax amnesty program that will open January 1, 2018 and will run through February 15, 2018. If you have unreported or underreported taxes that were due and payable as of May 1, 2017, and you have not received a billing notice

Elimination of private-activity bonds would lead to dire consequences for Affordable Housing

On November 2nd, the Tax Cuts and Jobs Act introduced in the House of Representatives proposes the elimination of the Bond Program and the effective elimination of the 4% Housing Credit.   We cannot overstate the vital role these programs play in building and preserving affordable housing throughout the nation. While the proposed House Tax Reform

Natural Disasters – Accounting for the Impact of Destruction and Contingencies

2017 has already proven to be a destructive hurricane season for America, and it isn’t over yet. Hurricane Maria is currently a very strong category 4 storm and just wreaked havoc on the Caribbean Island of Dominica and now has its sights set on Puerto Rico. Puerto Rico’s governor Ricardo Rosselló has already declared a