Hughes Pittman & Gupton, LLP

For more than 30 years, Hughes Pittman & Gupton, LLP (HPG), an independent, North Carolina CPA firm, has served the needs of local, multistate, and international businesses More than just an accounting firm, HPG’s mission is working together to REACH success The Firm utilizes specialized teams to address the unique tax, audit, accounting, and advisory needs of owner-managed and investor-owned clients across a wide range of industries

Respect for Relationship and Results Excellence A Balanced Life Client Satisfaction Honesty & Integrity HPG is committed to a business and personal model based on the core values expressed in REACH

The Latest from HPG

Clock Winding Down for Congress to Delay New Rules for R&D Expenses

“March Madness” has a special meaning amongst the basketball-loving business owners and taxpayers of the Triangle This year, it also describes the angst that CPA firms and their c…

Changes in Research & Experimentation Costs - Capitalization and Amortization

By Donna Holm Background Since 1954, businesses that incurred R&E expenses under IRC §174 have been able to deduct them as paid or accrued Unfortunately, the Tax Cuts and Jobs…

Tax Reporting for Larger Gifts or Inheritances from Foreign Persons

By: Ranju Poudel All inheritances and gifts received by U S persons from foreign persons that exceed $100,000 in a calendar year are reportable to the IRS on Form 3520, Annual Return to…