Brown, Nelms & Co.

Professional & Efficient Accounting

Professional & Efficient Accounting

A Bit About Our Company

From the beginning, Brown, Nelms & Co. has focused on providing accounting services that are technically sound with professionalism and efficiency. David Nelms joined Ted Brown in 1993 and became a partner in 1995, and our firm continued to grow. Partners and staff worked together to improve our business, and over the past two decades we have focused on employing current technology as well as maintaining ongoing professional education.

Not sure if Brown, Nelms & Co. can help you?
Read through our extensive Services list. Our company is dedicated to creating streamlined solutions to better your business. Want a service and do not see it listed? Fill out our easy contact form and ask us yourself!

"Our Mission Goes Beyond The Basics"

A Bit About Our Services

Tax Services

We believe that the best planning and compliance strategy begins with a hands-on, year-round approach.

Attest Services

We have over 66 years of combined experience in audit, review and assurance services.

Accounting Services

Our accounting team is comprised of talented professionals with almost 50 years worth of combined experience.

Retirement Plan Audits

A service not always associated with CPA firms, retirement plan auditing, is one of the specialties.

An Introduction to our Partners

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Ted W. Brown

Ted has been practicing as a C.P.A. since 1977. He graduated from the University of Georgia with a BBA in Accounting and from Georgia State University with a Master of Taxation. Ted’s interest is in real estate and consulting with small to medium size family owned growth enterprises.

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David Nelms

David has been practicing as a CPA since 1983. He graduated from Georgia State University with a BBA in Accounting. David joined the firm in 1993 and became a partner in 1995.

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Eric Kornegay

Eric joined Brown, Nelms and Co. in the Audit and Assurance services department in May of 2005. He became a partner in January of 2010. Eric received a Master of Accountancy Degree and a Bachelor of Science Degree in Accounting from the Culverhouse School of Accountancy at the University of Alabama.

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A Look At Our Expertise

We work across a wide variety of industries, and through the years, the firm has developed in depth knowledge in many specific areas:

Employee Stock Ownership Plans

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Real Estate

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Manufacturing

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Non Profit Organizations

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Employee Benefits Plan

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Construction

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Professional Services

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QUESTIONS FOR BNCo?

CALL 770-461-5502

Timely Opportunities

Update on Home Mortgage Interest Deductions

Itemized deductions for qualified residence interest are an ongoing source of controversy between taxpayers and the IRS. Here, we review the rules and summarize several recent developments for deducting interest from acquisition and home equity debt for federal income tax purposes. Some of the latest Tax Court decisions might even surprise you.

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Did You Miss the 60-Day Deadline for Your IRA Rollover?

A new IRS procedure can save the day if you have a valid excuse for missing the 60-day rollover deadline for IRA distributions. Instead of going through the hassle and expense of applying for a hardship waiver from the IRS, you may be eligible to submit a written self-certification document. Here's a list of valid excuses, as well as conditions for self-certification and background on the 60-day rule.

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Loan Applications: Put Your Best Foot Forward

Withdrawals from a line of credit and asset-based loans can help your business grow. But applying for bank credit can be time-consuming and nerve-wracking. Here are insights into your lender's mindset, factors underwriters consider when making credit decisions and a list of documents to gather for your loan package. Following these best practices can help increase the chances that your loan application will be approved.

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Are You Ready for the New Overtime Rules?

In May, the U.S. Department of Labor released a new final overtime rule, and it recently published additional guidance to flesh out certain details. The new guidance, which goes into effect on December 1, 2016, is expected to significantly reduce cash flow in many industries, including retail, manufacturing and not-for-profits. Here are the highlights, including possible implementation strategies to consider.

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