December 5, 2024
The Georgia Society of CPAs Co-signs Letter To FinCEN and Treasury on BOI DelayThe Georgia Society of CPAs, other state CPA societies, and the AICPA recently co-signed a letter to the Financial Crimes Enforcement Network (FinCEN) and specifically Secretary Janet Yellen and Director Andrea Gacki urging a one-year delay in... read more
October 29, 2024
Georgia’s PEACH Education Tax Credit and Support for LiteracyFor far too long, the state of Georgia has struggled to break the cycle of generational low literacy. Today, an estimated one million Georgians lack basic literacy skills. When compared with other states, Georgia ranks in the 40th percentile of... read more
October 22, 2024
IRS Help Available To Victims of Hurricanes Helene and Milton; May 1 Deadline Now Applies To Individuals and BusinessesIR-2024-266, Oct. 11, 2024 WASHINGTON — In the wake of the devastating hurricanes that have ravaged Florida and the Southeast in recent weeks, the Internal Revenue Service today reassured victims that it stands ready to provide the... read more
October 2, 2024
IRS Provides Relief for Helene for All of Georgia; Various Deadlines Postponed to May 1, 2025WASHINGTON — The Internal Revenue Service today announced disaster tax relief for all individuals and businesses affected by Hurricane Helene, including the entire states of Alabama, Georgia, North Carolina and South Carolina and parts of... read more
September 27, 2024
Hurricane Tax Relief Update for Georgia CPAsEver wonder what the process is to qualify a Natural Disaster for Tax Relief? The Georgia Society of CPAs (GSCPA) has you covered! This infographic walks you step by step through the process. GSCPA actively advocates for relief from both state... read more
August 12, 2024
IRS Relief Now available to Hurricane Debby victims in all of South Carolina, most of Florida and North Carolina, part of Georgia; various deadlines postponed to Feb. 3, 2025WASHINGTON — The Internal Revenue Service today announced tax relief for individuals and businesses in four states affected by Hurricane Debby. Affected taxpayers in South Carolina, North Carolina, Florida and Georgia now have until Feb. 3,... read more
May 14, 2024
Georgia Tax Legislation Roundup: Major Bills That Were Signed and VetoedAmidst the flurry of activity during the 2024 legislative session, Georgia lawmakers have ushered in a series of tax bills aimed at shaping the state's fiscal landscape. Governor Brian Kemp recently signed several significant bills into law,... read more
