WELCOME TO BENNETT THRASHER
For four decades, Bennett Thrasher LLP has provided clients with strategic business guidance and solutions. Our unwavering dedication to our core values, client service and collaboration has catapulted us into the ranks of the largest and fastest-growing certified public accounting and consulting firms. With a global reach and strong local ties, we provide businesses and high-net worth individuals with professional tax, audit, advisory and business process outsourcing services. Our family-oriented “Better Together” approach is grounded in diverse thinking and enables our clients to become more efficient and profitable. Our commitment to diversity and to our community is an essential part of who we are, and it reflects the values on which our firm was founded.
Since the IRS issued Notice 2020-32, PPP borrowers and their advisors have questioned whether they can deduct forgivable expenses paid with PPP loan proceeds on their 2020 tax returns if the loan will not be forgiven until 2021. On November 18, 2020, the IRS released Revenue Ruling 2020-27 and Revenue Procedure 2020-51 resolving the timing issues related to PPP loan forgiveness and the deductibility of related PPP expenses.Read More