CPA Practice

FEBRUARY 28, 2023

Disaster-area taxpayers in most of California and parts of Alabama and Georgia now have until Oct. 16 to file various federal individual and business tax returns and make tax payments, the IRS said on Feb. The deadline already had been postponed to May 15 for these areas.

Tax

CPA Practice

OCTOBER 16, 2023

Taxpayers affected by recent natural disasters including those impacted by the recent Maui fires and hurricane Idalia in parts of Florida, South Carolina and Georgia. Those in the counties of Maui, Hawaii, and many counties in Florida, South Carolina and Georgia have until Feb. This list continues to be updated regularly.

South Carolina

CPA Practice

FEBRUARY 27, 2023

Disaster-area taxpayers in most of California and parts of Alabama and Georgia now have until Oct. 16 to file various federal individual and business tax returns and make tax payments, the IRS said on Feb. The deadline already had been postponed to May 15 for these areas.

Tax

Withum

OCTOBER 3, 2024

The IRS issued a news release providing tax relief for taxpayers affected by Hurricane Helene. This includes the entire states of Alabama, Georgia, North Carolina, and South Carolina, 41 counties in Florida, eight counties in Tennessee, and six counties and one city in Virginia.

South Carolina

CPA Practice

APRIL 28, 2023

Other Options If you already have a POS system, you likely already can collect this data, and some businesses are already using it to find other ways of paying tipped employees. Instant Financial then earns money off the interchange each time the card gets used.

Georgia

CPA Practice

OCTOBER 7, 2024

3 that was attended by members from the Georgia Society of CPAs, North Carolina Association of CPAs, South Carolina Association of CPAs, Tennessee Society of CPAs, and the Virginia Society of CPAs on disaster recovery. Georgia Society of CPAs GSCPA is providing news and resources to its members on a disaster assistance/recovery webpage.

North Carolina

CPA Practice

APRIL 10, 2023

States typically take one of five different approaches to taxing accommodations: A single, statewide tax on accommodations but no additional local taxes (e.g., Connecticut, Maine, New Hampshire) A combined state/local sales tax on accommodations and local jurisdictions can impose an additional local accommodations tax (e.g.,

Tax

CPA Practice

APRIL 24, 2023

Other Options If you already have a POS system, you likely already can collect this data, and some businesses are already using it to find other ways of paying tipped employees. Instant Financial then earns money off the interchange each time the card gets used.

Georgia

CPA Practice

APRIL 24, 2023

Partnerships Business taxes are passed through to partners like in a sole proprietorship since there is no legal separation between the owners and the company. The IRS equally taxes all partners who share legal and debt responsibilities.

Legal

LyfeAccounting

APRIL 22, 2021

Business Energy Tax Investment Credit. Here’s a full list of business tax credits from the IRS website. Amazon makes business decisions that will provide them with the biggest tax benefit. In fact, Georgia even publishes an annual 20-page brochure with all of the reasons to start a business here.

Tax

LyfeAccounting

DECEMBER 1, 2020

You need to make sure that your business name is available. To do this, you need to go to your state’s secretary of state’s website and do a business search. Here is what this process looks like for Georgia. And if you need help with your business’ financial management, LYFE Accounting got your back.

bookkeeping

inDinero Tax Tips

APRIL 20, 2021

The Delaware Division of Corporations offers electronic (in-person is suspended during the COVID-19 emergency) submission of business entity documents between the hours of 7:45 a.m. Delaware does tax companies. The Delaware franchise tax. A franchise tax is a charge by states on corporations to conduct business in their state.

Delaware

inDinero Tax Tips

APRIL 11, 2023

County-level real estate property tax can exist, but it’s typically very low in comparison to property taxes in other states. In addition, the state has no value-added taxes (VATs), use taxes, or an inheritance tax. The amount of franchise tax and how each state calculates the tax varies.

Delaware

ThomsonReuters

DECEMBER 14, 2020

Business Tax Professionals. The tax rules and regulations U.S. Biden’s corporate tax policy agenda calls for increasing the corporate income tax rate from 21% to 28%, changing the way GILTI is calculated, creating onshoring incentives, and more. 5 election for Georgia’s two Senate seats.

business tax

LyfeAccounting

DECEMBER 28, 2020

Yes, even many accountants I know aren’t aware of the tax incentives that small and large businesses are taking advantage of to DRAMATICALLY reduce their tax liability. So in this post, I’m going to uncover and fully breakdown small business tax credits and incentives that can put tax dollars back into your pockets.

business tax

Withum

NOVEMBER 6, 2024

If a Florida resident receives a W-2 showing that he or she worked 100 days in Florida and 100 days in Georgia, Georgia would be entitled to tax one-half of the individual’s compensation. Individuals working in states where they do not reside generally get a credit for taxes paid to a nonresident state in their resident state.

payroll tax

Going Concern

FEBRUARY 3, 2025

LLP , “a well-established accounting and advisory firm with deep roots in Georgia and Florida.” ” Said Fred Massanova, Baker Tillys chief growth officer and managing principal Eastern U.S., “The Southeast is a vital region for businesses of all sizes. As far as we can tell it’s nothing personal.

Account