Christopher Stoop’s Post

In a significant step to enhance its economic competitiveness, Tennessee has passed legislation to repeal the property measure of the franchise tax. Learn more about this important change: https://okt.to/DEgmVF #Tennessee #FranchiseTax #Legislation

Hotels near major college campuses are thriving above pre-COVID levels and these markets remain in high demand. Know why investing in this sector could be advantageous in EisnerAmper's Trends Watch blog. https://okt.to/Pn8ROi #HotelIndustry #CollegeCampuses #MarketDemand

Are we on the brink of unprecedented advancements, or should we prepare for some significant hurdles ahead? Check out this InformationWeek article featuring EisnerAmper's Jen Clark to learn more about the future of AI. https://okt.to/CLm6w9 #ai #technology #technologytrends

Trustees and executors hold a fiduciary responsibility to the beneficiaries of a trust or estate. Discover the extent of these duties, what constitutes a breach, and how to spot potential red flags. https://okt.to/DFA7ef #Trustees #Executors #Fiduciary #Estate #Trust

Explore the impact of Generative AI ("Gen AI") on tax practices. While professionals may be cautious, it's crucial for organizations to understand the benefits and dispel misconceptions surrounding this technology. Continue reading here: https://okt.to/OF7gfN #GenerativeAI #TaxPractices #Technology

In the manufacturing and distribution industry, leveraging audit rights through royalty and contract compliance audits can significantly enhance revenue and reduce expenses. These audits help ensure proper royalty payments and adherence to contract terms, improving the financial health of your organization. Learn more in this EisnerAmper article: https://okt.to/F5vPbn #RoyaltyAudits #ComplianceAudits #RevenueGrowth #CostReduction #BusinessStrategy

The IRS recently announced that the window for applying for the 2024 capacity limitation allocation (the Low-Income Communities Bonus Credit program) is scheduled to open May 28, 2024. Learn about the application process and program details here: https://okt.to/PTvAtp

Estate planners are reassessing trust strategies as the Tax Cuts and Jobs Act provisions near expiration. Financial Advisor Magazine featured Pamela Dennett CPA, CFP®, a partner in Private Client Services at EisnerAmper, highlighting that “a revocable living trust is not of public record, which could limit potential lawsuits during probate.” Continue reading here: https://okt.to/Pu5R4V #EstatePlanning #Trusts #TaxPlanning #FinancialAdvisors #FinancialAdvisorMagazine

In the post-COVID-19 ecosystem, organizations across the U.S. are embracing remote and hybrid work setups. A key tool in this transition is cloud-based accounts payable systems. Discover more about this trend: https://okt.to/DrcVUm #CloudBased #AccountsPayable #RemoteWorkforce

Maximize your tax savings with unique opportunities in Tennessee! In this informative video, EisnerAmper’s Nick Montorio and Josh Thomas outline two key strategies to reduce franchise and excise taxes. Learn how these strategies can save your business money. Watch it via YouTube: https://okt.to/L0bgzU #taxsavings #Tennessee #taxplanning