We are pleased to announce that Lauren Hayley Glisson has graduated from Georgia College and State University of Milledgeville, Georgia with a master’s degree in accountancy (MAcc). Hayley is actively pursuing her credentials as a Certified Public Accountant (CPA). She has already earned her credentials as a certified fraud examiner (CFE) and is a member of the Association of Certified Fraud Examiners (ACFE), the world's leading provider of anti-fraud training and education. She has been a valuable member of our tax staff and continues to help business owners and managers resolve their accounting and tax problems.

We are pleased to announce that Karisma Patel has graduated from Georgia State University of Atlanta, Georgia with a master’s degree in taxation (MTx). Karisma is actively pursuing her credentials as a Certified Public Accountant (CPA), and hopes to have this accomplished very soon. She is a key member of our tax staff and assists clients with solutions to federal and state tax issues.

Robinson, Whaley, Hammonds and Allison, P.C. would like to welcome Jason Brinson as our new intern to the firm. Jason graduated from Georgia College and State University in 2007 with a bachelor’s degree in Chemistry. In 2010, he graduated from Georgia College and State University with a Master of Accountancy (MAcc). He is working on obtaining his CPA (Certified Public Accountant) credential in the near future.

Please select the attached document below for more information.

 Tax Credit Expiration

 Patty Whaley was selected as United Way Volunteer of the year by the Henry County Kiwanis Club. She was recognized along with 50 other volunteers from various charitable organizations at their annual dinner and received a certificate of appreciation.  Patty is a CPA and partner with Robinson, Whaley, Hammonds & Allison, P.C. She has been very involved in her community for several years. Since 1998, she has been a board member of A Friend's House, a shelter for abused and neglected children. In 2000, she won the Henry County Chamber of Commerce Athena Award for demonstrating excellence in her profession and providing valuable service to improve the community. Since 2001, she has been an active member of the Henry County Kiwanis Club and this is her 9th year as treasurer. Patty is involved in fundraisers including the Henry County Kiwanis Fair, Geranium Festival and KiwanisTalent Show. Through these fundraisers the Kiwanis Club donates to over 20 charitable organizations in Henry County. One of her favorite projects is the annual Christmas shopping trip. HC Kiwanis adopts 40 needy children during Connecting Henry Community Christmas. Kiwanis members spend the entire day buying Christmas presents for the children.

The economy has brought a realization to our firm that we need to do more to help our clients. We are offering a new service that will provide some very significant tax savings and put money into your bank account.

Plain and simple - we want to help you keep your money!

Please click on the attached document for more information.

 Tax Credit Information

RWH&A has been incredibly successful in helping clients negotiate with the Internal Revenue Service. By persistently writing letters and dialoguing with IRS agents, we were able to have over $100,000 in penalties abated on business, personal, and payroll tax returns in 2009.  Toni Schwahn also successfully completed an Offer in Compromise, saving one client over $45,000 in unpaid taxes. Toni's experience and vast knowledge of tax laws, reinforced with the wisdom of our staff, helped us greatly in achieving these monetary victories for our clients.

CPAmerica International is an exclusive association of more than 80 large, independent CPA firms across the United States that share industry-specific knowledge, continuing professional education programs and practice management techniques.

CPAmerica has affiliate members around the world through its strategic alliance with Horwath International. This alliance includes more than 20,000 professionals in 85 countries around the globe. Our affiliation with Horwath makes available the expertise and resources of nearly 450 offices worldwide.

"Our membership with CPAmerica International will give us the contacts and resources necessary to provide clients with the increased services they need to grow in a competitive marketplace, while allowing us to maintain a strong allegiance to our local community."  Gregory W. Hammonds, CPA

Tax changes affecting individuals and families in the American Recovery and Reinvestment Act of 2009

    The recently enacted "American Recovery and Reinvestment Act of 2009" contains a wide-ranging tax package that includes tax relief for low and moderate-income wage earners, individuals and families with college expenses, and home and car purchasers.

 Tax changes affecting individuals and families in the American Recovery and Reinvestment Act of 2009

Business tax changes in the American Recovery and Reinvestment Act of 2009

This is an overview of the key tax changes affecting business in the recently enacted "American Recovery and Reinvestment Act of 2009" (the 2009 economic stimulus act). Please click on the attached link for more information.

  Business tax changes in the American Recovery and Reinvestment Act of 2009

A new bill, H.R. 7327 the "Worker, Retiree and Employer Recovery Act" (the Pension Act), was passed in December 2008.

The Pension Act suspends the need to take required minimum distributions from qualified defined contribution plans and IRAs for calendar year 2009 only, and provides much needed funding relief for pension plans that have seen assets fall precipitously due to the stock market decline. Additionally, the Pension Act makes many technical corrections to the Pension Protection Act of 2008 (PPA), including changes that will require qualified plans to offer nonspouse beneficiaries the option to transfer a decedent's plan interest to an IRA set up to receive the transfer on behalf of the beneficiary. This change for nonspouse beneficiaries will apply for plan years beginning after 2009.

Social security wage base increased to $106,800 for 2009 with no increase in rates

401(k) contributions increase to $16,500 for 2009
SIMPLE contributions increase to $11,500 for 2009
IRA and ROTH IRA contributions remain the same for 2009 at $5,000

Mileage rate decreases to 55 cents for 2009