News
Navigating the IRS Backlog

Navigating the IRS Backlog

The start of a new tax filing season often brings with it longer hold times with the IRS, as taxpayers and their tax preparers inundate phone lines with questions and concerns. But the 2022 filing season promises to be particularly challenging…

How Nonprofits Can Navigate the Great Resignation

How Nonprofits Can Navigate the Great Resignation

Nonprofits are not exempt from the current labor market shortages associated with the “Great Resignation.” While there is no silver-bullet solution, there are tangible steps that organizations can take.

IRS Offers New Details to Prepare Schedules K-2, K-3

IRS Offers New Details to Prepare Schedules K-2, K-3

The IRS has provided an additional exception for qualified domestic partnerships and S corporations to file their schedules K-2 and K-3 for tax year 2021 to further ease the transition to these new schedules. The new schedules standardize international tax information to partners and flow-through investors while clarifying obligations and standardizing the reporting format…

How to Get Stuff Done

How to Get Stuff Done

Businesses face disruption on multiple fronts, and they are struggling to get things done. Company leaders must contend with the pandemic’s health threat and the challenges of managing a remote workforce, as well as supply chain disruptions, demand shifts, resource...

Williams Overman Pierce, LLP Celebrates 50th Anniversary

Williams Overman Pierce is proud to announce that the firm has achieved the distinction of being in business for 50 years, proudly serving clients since 1971. Williams Overman Pierce was founded in Greensboro, NC in 1971.  Over the past 50 years, the firm has seen...

Keys to Year-End Tax Savings for Businesses

Whatever 2021 holds, these tips can help lower your tax liability 2020 has been an unpredictable year. Businesses have faced all-encompassing challenges ranging from protecting employee health and safety to managing unexpected costs to dealing with severe fluctuations...