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Taxes

Tax Legislation Update: Inflation Reduction Act

The Senate has passed the “Inflation Reduction Act” (IRA), which …

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Tax Bill Includes Changes to Types of Investments You Can Hold in Your IRA

The House Ways and Means Committee recently released draft legislation …

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What You Should Know About the Democrats’ Tax Proposal (as of September 13, 2021)

On Monday, September 13, 2021, the House Ways and Committee …

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Claiming the Employee Retention Credit

Although the Employee Retention Credit (ERC) expires at the end …

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What You Need to Know About the Child Tax Credit for 2021

In July, the IRS began sending advanced payments of the …

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Entity-Level Tax for Pass-Through Entities Provides Workaround to $10,000 SALT Cap

On May 4, 2021, Georgia legislators passed the SALT Parity …

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Tax Rules for Renting Out Your Vacation Home

During the pandemic, many people purchased second homes near the …

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Georgia Adopts Major Provisions of Federal Tax Laws

PPP loan forgiveness, deductibility among the changes Governor Kemp recently …

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Donate by December 31 and Save on Taxes

It happens at about this time every year. As December …

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Should You Change Your Corporate Tax Structure? The Answer Requires Close Examination

The conventional wisdom used to be that S corporations were—in …

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