HPG Year-End Tax Planning Letter
2019 Year-End Tax Planning LetterDecember 2019Dear Clients and Friends:With year-end approaching, we suggest possible year-end tax strategies for our clients. 2018 was the first year individuals and businesses filed tax returns reflecting major tax changes under the Tax Cuts and Jobs Act (“TCJA”). Now that we have 2018 under our belt, some of the year-end tax strategies for 201…
Read MoreThe Magical Section 1202 Provision – Where a 0% Capital Gain Tax Rate Becomes a Reality
One of the things I love about the Triangle is the entrepreneurial spirit that lives and breathes in the area. When I joined Hughes Pittman & Gupton (“HPG”) 15 years ago, I remember thinking that the Firm fit right into this spirit, in how it operates and thinks on behalf of its clients. That said, I came from the land of family-owned tool and die manufacturing in Pennsylv…
Read MoreThe Tax Benefits of Investing in Opportunity Zones
IntroductionThe Tax Cuts and Jobs Act of 2017 (“TCJA”) brought sweeping changes to the tax code not seen since the 1980’s. A key development of the TCJA was the creation of Opportunity Zones. These economically distressed areas across the United States and its territorial possessions were the focus of lawmakers, who sought to spur economic development an…
Read MoreHPG Named INSIDE Public Accounting Best of the Best and Top 200 Firm
Hughes Pittman & Gupton, LLP (HPG), a Triangle-based CPA firm serving the financial management needs of local, multistate and international businesses, as well as their owners, has been named to INSIDE Public Accounting’s (IPA) 2019 Best of the Best Accounting Firms list. HPG was also named to IPA’s Top 200 Firms list for the second time. IPA honors CPA firms across t…
Read MoreHPG Announces Candace Engles and Rod Wilson as Partners
Hughes Pittman & Gupton, LLP (“HPG”), a Triangle-based CPA firm serving the financial management needs of local, multistate, and international businesses, as well as their owners, announces Candace Engles and Rod Wilson as members of the partner group effective June 1, 2019. Engles and Wilson have been promoted in recognition of their dedication to achieving client goals an…
Read MoreCathy Patton to Lead Hughes Pittman & Gupton, LLP’s Process, Risk and Governance Practice
Hughes Pittman & Gupton, LLP (“HPG”), a Triangle-based CPA firm serving the financial management needs of local, multistate, and international businesses, as well as their owners, is pleased to announce that Cathy Patton has assumed the role of Director of Process Risk and Governance (“PRG”). Cathy has been leading the Firm’s PRG practice from both a tech…
Read MoreConvertible Note Compliance and Other Year-End Reminders
There is an often-missed compliance requirement related to year-end reporting to investors and the government regarding the use of convertible notes. Many companies use convertible notes for short-term financing needs most commonly as a bridge round tool with the current investors to provide additional capital until the new lead investor on the next round is found and the new round …
Read More2018 Year End Tax Planning Letter
Dear Clients and Friends: As the end of the year approaches, it is a good time to consider planning moves that will help lower your tax bill for this year and possibly the next. Year-end planning for 2018 takes place against the backdrop of a new tax law - the Tax Cuts and Jobs Act (TCJA) - which produced major changes in the tax rules for individuals and businesses. For individuals, the…
Read MoreHPG Boosts Client Accounting Services Practice with Fractional CFO Hire
RALEIGH, N.C. (October 11, 2018) ― Hughes Pittman & Gupton, LLP (“HPG”), a Triangle-based CPA firm serving the financial management needs of local, multistate, and international businesses, as well as their owners, announces the addition of Jim Klein as a Contract Chief Financial Officer (“CFO”) on the Client Accounting Services (“CAS”) team. …
Read MoreHPG Supports Startup Summit 2018
RALEIGH, N.C. (October 9, 2018) ― Hughes Pittman & Gupton, LLP (“HPG”), a Triangle-based CPA firm serving the financial management needs of local, multistate and international businesses, as well as their owners, is pleased to announce its sponsorship of Startup Summit 2018, an educational conference featuring leading keynote speakers and master classes from top entre…
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