April 29, 2025
Georgia 2025 Legislative Update: Key Tax Measures for CPAsThe 2025 session of the Georgia General Assembly brought a range of tax-related legislative developments that CPAs should note, from income tax rate reductions to procedural reforms in state tax adjudication. With the session concluding on April... read more
April 3, 2025
House Bill 148 Signed Into Law, Enhancing CPA Licensure Pathways and Practice MobilityATLANTA (April 3, 2025) — The Georgia Society of Certified Public Accountants (GSCPA) is pleased to announce that House Bill 148, known as the Public Accountancy Act of 2025, has been signed into law by Governor Brian Kemp creating a new... read more
March 27, 2025
Georgia's Disaster Relief Bill (HB 223) Heads to Governor’s DeskOn March 25, 2025, the Georgia House of Representatives agreed to the Senate’s amendments to House Bill 223 (HB 223), also known as the Timberlands Recovery, Exemption, and Earnings Stability (TREES) Act. This bill is now on its way to... read more
March 26, 2025
Georgia's Tax Conformity Bill Heads to Governor's Desk: What CPAs Need to KnowOn March 25, 2025, the Georgia Senate passed House Bill 290, a much anticipated tax conformity bill, sending it to Governor Brian Kemp’s desk for final approval. This legislation updates Georgia’s tax code to align with federal tax... read more
March 5, 2025
Treasury Department Announces Suspension of Enforcement of Corporate Transparency Act Against U.S. Citizens and Domestic Reporting Companies(March 2, 2025) The Treasury Department is announcing today that, with respect to the Corporate Transparency Act, not only will it not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the... read more
February 19, 2025
BOI Injunction Lifted; FinCEN Promises 30-Day Filing DelayA federal district court lifted the last remaining nationwide injunction stopping beneficial ownership information (BOI) filing requirements, but the federal enforcement agency has promised at least a 30-day delay before new filings will be... read more
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
