Shelton Swafford Chambers, CPA, recently illustrated the importance of having an estate plan in Best's Review article "Locking the Treasure Chest Becomes More Popular Amid COVID-19, Tax Changes." This article goes into detail on the reduced estate-tax exemption and explains where irrevocable trusts Continue Reading
PRF Phase 4 and ARP Rural Distribution Application Now Open
The Provider Relief Fund (PRF) Application and Attestation Portal is now open for Phase 4 and American Rescue Plan (ARP) Rural Distribution applications. Distributions received can be used for changes in a provider's operating revenues and expenses incurred between January 1, 2020, and March 31, Continue Reading
Bloomberg Law Interviews Chambliss on the Latest With HHS Provider Relief Funds
Bloomberg Law published "Providers Want More Time to Report, Spend Pandemic Relief Funds," highlighting COVID-19 relief funding and the many regulatory changes that have occurred. This article goes into detail on how many medical groups and health attorneys are advocating for the government to give Continue Reading
What to Do About IRS Tax Return Error Notices and Customer Service Issues
In this time of unprecedented changes to tax return forms and guidance, our Chambliss Tax team has been hard at work advising and advocating for clients who are experiencing IRS-related issues including delayed refunds and incorrect error notices. In September, IRS Commissioner Charles Rettig wrote Continue Reading
Estate Planning Update – 09.22.21
Here When You Need Us Throughout the pandemic, our team has collaborated to implement creative and resourceful solutions to meet the needs of our clients in this uniquely challenging time. While our Chambliss Conference Center is open for scheduled in-person meetings, we continue to be available Continue Reading
Local Publication Highlights Evolving Career of New Associate Jared Adams
The Hamilton County Herald recently published "Former Corker Aide Joins Chambliss With Health Care, Nonprofit Focus," an article highlighting new associate Jared Adams' evolving legal career. From working at the U.S. Capitol to closing transactions in Roanoke to settling in Chattanooga, Jared has Continue Reading
ABLE Accounts vs. Special Needs Trusts: Which Is Better for Your Child With a Disability?
Any parent of a child with a disability has likely heard of a "special needs trust." As information has become more easily available online, a simple Google search for "special needs trust" is likely to garner hundreds of results. More recently, ABLE accounts have gained popularity as a common Continue Reading
HHS Announces 60-Day Grace Period for PRF Reporting and $25.5 Billion in COVID-19 Provider Funding
On Friday, September 10, 2021, the Department of Health and Human Services (HHS) announced several developments related to the Provider Relief Fund (PRF). 60-Day Grace Period First, HHS announced a 60-day grace period (beginning on October 1, 2021, and ending on November 30, 2021) for the Continue Reading
How “Mean” Is the House Ways and Means Committee Tax Proposal?
On Monday, September 13, 2021, the House Ways and Means Committee released a draft of its proposed tax legislation and a summary of the major provisions. The proposed legislation, if enacted, would push higher tax rates on corporations, investors, and high-income business owners, limit several Continue Reading
Chambliss Provides Legal Perspective for Employers Navigating Federal Vaccine Mandate
Justin Furrow, labor and employment chair and COVID-19 task force co-chair for Chambliss, recently provided insight to WRCB Channel 3 in an interview covering President Biden's new federal vaccine mandate for employers. On September 9, 2021, the president released a multi-prong plan to combat the Continue Reading