article thumbnail

Georgia Taxpayers in 28 Counties Get Extension Due to Hurricane Idalia

CPA Practice

The Internal Revenue Service today announced tax relief for individuals and businesses affected by Idalia in 28 of the state’s 159 counties in Georgia. 15, 2024, to file various federal individual and business tax returns and make tax payments. These taxpayers now have until Feb. 15, 2023, and Jan.

Georgia 105
article thumbnail

Oct. 16, 2023, is Deadline for Millions Who Filed Tax Extensions; But Many Get More Time Due to Disasters

CPA Practice

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Oct. 16, 2023, is Deadline for Taxpayers with an Extension

CPA Practice

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.

article thumbnail

IRS Extends Tax Deadline in Three States to Oct. 16 for Taxpayers Impacted By Disasters

CPA Practice

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. 16 deadline also applies to 2023 estimated tax payments, normally due on April 18, June 15, and Sept.

Tax 128
article thumbnail

IRS Extends Tax Deadline in Three States to Oct. 16 for Taxpayers Impacted By Disasters

CPA Practice

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. 16 deadline also applies to 2023 estimated tax payments, normally due on April 18, June 15, and Sept.

Tax 95
article thumbnail

How to Get Small Business Tax Credits & Incentives

LyfeAccounting

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.

article thumbnail

A Refresher on the Types of Small Business Legal Structures, and Their Benefits

CPA Practice

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. The difference is the protection from personal liability for the business’s debts.

Legal 98