March 19, 2019
Legislative Update – March 2019Georgia The 2019 legislative session began on January 14, 2019, the second Monday in January. Crossover day was on Thursday, March 7 (28th legislative day) which is the deadline for all bills to... read more
February 28, 2019
DOR to Begin Accepting Timber Tax Credit Applications March 1, 2019In November of 2018, the Georgia General Assembly enacted House Bill 4EX. This bill allows eligible taxpayers to apply for a Timber Tax Credit to assist in offsetting the substantial economic... read more
February 28, 2019
IRS: Relief from Addition to Tax for Underpayment of Estimated Income Tax by Individual Farmers and FishermenNotice 2019-17 announces a waiver of the addition to tax under section 6654 for underpayment of estimated income tax by qualifying farmers and fishermen for the 2018 tax year. This addition to tax... read more
February 22, 2019
Legislative UpdateTwo bills have been filed in the house this week with significance for CPAs. House Representative (CPA and GSCPA member) John Carson filed House Bill 432 this week. In summary – this bill... read more
February 20, 2019
Adopted Rule 560-7-8-.65 "Timber Tax Credit."The Georgia Secretary of State received and filed the referenced Rule on February 15, 2019, to become effective on March 7, 2019. An exact copy of the adopted Rule may be found on the Department's... read more
February 14, 2019
Avoid HIPAA Noncompliance Penalties by Consulting ERISA CounselNoncompliance with government regulations can occur simply by lack of understanding the finer points of those regulations. For example, it’s simply impossible for a quick read of ERISA to... read more
February 14, 2019
Medicare Part D Disclosure Notices May Be Required for an HRA. What About Health FSAs?Medicare Part D helps millions of Americans pay for self-administered prescription drugs. Some people who are eligible for Medicare Part D work for companies that offer at least one health... read more
February 13, 2019
2019 Hardship Distribution Rules Are ChangingOccasionally an employee may experience a serious financial need. With no other help available, raiding a retirement plan may be the only option. Prior to 2019, employees and employers alike may... read more
