Tax Legislation Update: Inflation Reduction Act
The Senate has passed the “Inflation Reduction Act” (IRA), which …
Taxes
Tax Bill Includes Changes to Types of Investments You Can Hold in Your IRA
The House Ways and Means Committee recently released draft legislation …
What You Should Know About the Democrats’ Tax Proposal (as of September 13, 2021)
On Monday, September 13, 2021, the House Ways and Committee …
Claiming the Employee Retention Credit
Although the Employee Retention Credit (ERC) expires at the end …
What You Need to Know About the Child Tax Credit for 2021
In July, the IRS began sending advanced payments of the …
Entity-Level Tax for Pass-Through Entities Provides Workaround to $10,000 SALT Cap
On May 4, 2021, Georgia legislators passed the SALT Parity …
Tax Rules for Renting Out Your Vacation Home
During the pandemic, many people purchased second homes near the …
Georgia Adopts Major Provisions of Federal Tax Laws
PPP loan forgiveness, deductibility among the changes Governor Kemp recently …
Donate by December 31 and Save on Taxes
It happens at about this time every year. As December …
Should You Change Your Corporate Tax Structure? The Answer Requires Close Examination
The conventional wisdom used to be that S corporations were—in …