Business

Almost one year ago, Hurricane Helene wrought massive destruction on Tennessee and several other states. When attempting to recover from a flood, hurricane, fire, tornado or some other natural or human-caused disaster, take care to ensure you don’t become victimized a second time — and know where you can go for self-protection information.

The safest course for accountants and other professionals is to consider a client’s reaction to AI in light of this old saying: “If I ain’t up on it, I’m down on it.”

Rodefer Moss proudly announces the launch of Rodefer Moss Transaction Advisors, a dedicated service line designed to provide business owners with expert sell-side advisory and a comprehensive suite of M&A-related solutions. This strategic expansion addresses the growing need for local, personalized advisory services amid a demographic shift and significant wealth transfer among aging business owners.

Surveys of economic optimism or pessimism, regardless of who’s being surveyed, are like political polls: what they say today could change tomorrow, and what they say tomorrow could have little resemblance to what they say a week or month from now. It’s like the wind: the direction can change quickly.

Businesses and their customers affected by the evolving tariff situation are like a cruise ship’s passengers trying to keep their balance on turbulent, troubled waters.

In an example of what goes around comes around, “Elections have consequences” is back, this time in the form of the second Donald Trump presidency. Now into its third month, the Trump administration has been a whirlwind of activity on multiple fronts. One that has businesses and individuals considering their financial planning, projections, and goals is the much-publicized issue of tariffs.

As residents of Tennessee and other states work to rebuild their lives and businesses in the wake of the September 2024 devastation caused by flooding from Hurricane Helene, the IRS is delaying for a brief time tax filing and payments for people in the disaster-designated areas.

Millions of American businesses collectively must feel like a soccer ball kicked between the U.S. Financial Crimes Enforcement Network (FinCEN), various parties opposed to Beneficial Owner Information reporting required by a 2021 law, and the courts. That is, if businesses even know they’re the objects of the kicking.