article thumbnail

Amazon, Ebay and Other Marketplaces Sue Georgia Over Law Affecting Online Sales

CPA Practice

Rosie Manins, The Atlanta Journal-Constitution (via TNS) The trade association for online marketplaces including Google, Amazon and eBay is trying to void a new Georgia law that extends requirements for collecting seller information, alleging it will hurt Georgia businesses. It’s unclear to us why Georgia decided to go down this path.”

Georgia 110
article thumbnail

Georgia Tax Changes

Cherry Bekaert

Contributors : Chris Grimes, Senior Manager, State & Local Tax | Peter Baisch, Senior Manager, State & Local Tax Georgia IRC Conformity and Section 174 On May 2, 2023, Georgia Senate Bill 56 was signed into law, which updated Georgia’s Internal Revenue Code (IRC) conformity date from January 1, 2022, to January 1, 2023.

Georgia 97
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Georgia (and Florida) on My Mind

CPA Practice

As of noon Eastern time, the hurricane was still a Category 1, and moving over southern Georgia. link] Hurricane and tropical storm warnings are now posted for most of the southern part of Georgia, as well as parts of South and North Carolina, where “significant storm surge will continue,” the agency stated.

Georgia 105
article thumbnail

Georgia Society of CPAs and Feeding Georgia’s Accounting Food Fight Raises Nearly 1.4 Million Meals for Georgia Food Banks

CPA Practice

Marking its 10th anniversary, the 2023 Georgia Accounting Food Fight has concluded with resounding success, further cementing its commitment to ending hunger across the state. Through our Food Fight initiative, CPAs raised $347,537, ensuring food security for many across Georgia. million meals. million meals.

Georgia 52
article thumbnail

Georgia CPAs Advocate for Profession at State Capitol

CPA Practice

More than 100 members of The Georgia Society of Certified Public Accountants (GSCPA) recently met at the state Capitol to share their thoughts on important issues facing the accounting profession with their elected officials. Chairman David Knight and each member of the Georgia CPA Caucus: Chairman John Carson, Rep.

Georgia 69
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. These taxpayers now have until Feb. 15, 2024, to file various federal individual and business tax returns and make tax payments.

Georgia 105
article thumbnail

Georgia Tax Preparer Gets 2 Years in Prison for Tax Evasion

CPA Practice

A Georgia man was sentenced on December 19 to two years in prison for evading his personal federal income taxes. In 2015, Patel purchased a franchise of the business in Claxton, Georgia. In 2015, Patel purchased a franchise of the business in Claxton, Georgia. million in income – including almost $1.18 Attorney Jill E.

Georgia 52