Smith + Howard

By welcoming Bauknight Pietras & Stormer, P.A. , a Top 250 firm, into Smith + Howard, we’re expanding our advisory capabilities and geographic reach—so clients have deeper expertise and broader support where it matters most.🤝

Learn more: https://www.smith-howard.com/smith-howard-acquires-bps-expanding-presence-in-south-carolina-and-strengthening-southeast-advisory-capabilities/

R&D expensing and the One Big Beautiful Bill Act: What You Need to Know

The newly signed One Big Beautiful Bill Act (OBBBA) restores the ability to immediately expense domestic R&D costs, reversing the unpopular capitalization rules from 2022. Even better? It applies retroactively to 2022 for small businesses.

For businesses with significant foreign sales, there’s more news.

Brad Pittman, CPA will break it all down in our webinar on June 9 at 2 p.m. EST.

Register here: https://smithhoward.zoom.us/webinar/register/WN_SWpI8D9VTSeQm14YyeU7hA #/registration

What’s Really in the One Big Beautiful Bill Act (OBBBA)? Join Us for a Recap

The dust hasn’t settled, but the implications for business are already taking shape. Join Smith + Howard for an insightful breakdown of the newly enacted One Big Beautiful Bill Act, with a focus on business and individual tax, R&D incentives, and FDII (Foreign-Derived Intangible Income).

Hear from tax experts Nicole Davis and Brad Pittman, CPA as they unpack what made it into the final legislation and what it may mean for you.

Virtual Event Details:
📅 July 9
🕓 2:00 pm EST
Registration: https://bit.ly/44x6MDQ
Secure your spot now and get a head start on making the most of the opportunities the Bill offers you.

𝗪𝗲 𝗿𝗲𝗺𝗲𝗺𝗯𝗲𝗿. 𝗪𝗲 𝗵𝗼𝗻𝗼𝗿. In observance of Memorial Day, our offices will be closed on Monday, May 26.

Last week, our Independent School team joined industry leaders at the NBOA Annual Meeting in New York, engaging in meaningful discussions on the evolving needs of independent schools. David Lee and Sabre Linahan shared key insights on industry trends, equipping attendees with valuable strategies for success. Thank you to NBOA for another outstanding event and to everyone who connected with us—we look forward to continuing the conversation. See you next time!

The Chief Growth Officer (CGO) role is becoming increasingly vital as accounting firms navigate expansion, M&A, and evolving client needs.

At Smith + Howard, we recognized this shift early, welcoming Marty Dauer as our first CGO last year. Since then, we’ve successfully completed four acquisitions and continue to build momentum for the future.

We’re excited to keep accelerating our growth in thoughtful, strategic ways—and honored for Sean Taylor and Marty Dauer to be featured in The Wall Street Journal on this industry trend.

WSJ | Accounting Firms Hire Growth Leaders as Dealmaking Shakes Up Industry Frazier & Deeter is among the firms to hire a chief growth officer, and is now in talks to sell a stake to private-equity firm General Atlantic

🌟 Honoring the Legacy of Dr. Martin Luther King Jr. 🌟

In celebration and honor of Dr. Martin Luther King Jr.'s vision of equality, justice, and unity, our offices will be closed on Monday, January 20.

🎉 Happy New Year from Smith + Howard! 🎉
As we close out an incredible year, we want to thank you for being part of our journey. We wish you a happy, healthy and prosperous 2025! 🥂✨
Please note, our office will close early at 3:00 p.m. Eastern on December 31 to celebrate the New Year. We’ll reopen on January 2.
Here’s to new opportunities, continued growth, and shared success in the year ahead! 🌟

As your business expands globally, you will face new logistical and regulatory challenges. Transfer pricing is one of them.

In this guide, Brad Pittman, Director of our Specialty Tax Services team, explains the basics of Transfer Pricing and how global business leaders can ensure compliance with the many rules and regulations.

An Introduction to Transfer Pricing - Smith and Howard Learn the basics of transfer pricing in this informative guide.

Happy holidays from Smith + Howard!

Please note the adjusted hours for our Atlanta office this week. We wish you a joyful holiday season.