Articles
- The 3 Best Ways to Spring Clean Your Finances
Spring cleaning doesn’t just have to be for your home. Spring is a great time to get your finances in order and eliminate bad spending habits, since you get a clearer picture of your income after your taxes are done. Our tips for staying on... read more
- DOR: Income Tax Federal Changes
Updated April 5, 2021 The Georgia General Assembly annually considers updating certain provisions of state tax law in response to federal changes to the Internal Revenue Code (IRC). This year’s IRC update bill (House Bill 265) was signed... read more
- What Every Woman Should Know About Financial Security
by Emily Sanders Women tend to have a longer life expectancy than men, which means they spend more time in retirement and often do so with less savings, given their lower average lifetime earnings. The reason for this is demographics: women... read more
- Internal Revenue Service (IRS) To Recalculate Taxes On Unemployment Benefits; Refunds To Start In May
To help taxpayers, the Internal Revenue Service announced today that it will take steps to automatically refund money this spring and summer to people who filed their tax return reporting unemployment compensation before the recent changes made... read more
- Paycheck Protection Program Extended to May 31
As President Joe Biden signed the PPP Extension Act of 2021 into law today, extending the Paycheck Protection Program an additional two months to May 31, 2021, and then providing an additional 30-day period for the SBA to process applications... read more
- IRS Announces PPE is Tax Deductible
The IRS released two statements on PPP and other equipment to prevent the spread of COVID-19: Face masks and other personal protective equipment to prevent the spread of COVID-19 are tax deductible WASHINGTON — The Internal Revenue... read more
- CPAs and Their Small Business Clients Thankful for Passage of PPP Extension Act, Says AICPA
WASHINGTON, D.C., March 25, 2021 – The American Institute of CPAs (AICPA) and the more than 44,000 CPA firms it represents today thanked Congress for final passage of the PPP Extension Act of 2021. AICPA has strongly encouraged the Small... read more
- SBA to Increase Lending Limit for COVID-19 Economic Injury Disaster Loans
WASHINGTON – The U.S. Small Business Administration is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program. Starting the week of April 6,... read more
- SBA Launches Portal to Begin Accepting Shuttered Venue Operators Grant Applications
SBA Launches Portal to Begin Accepting Shuttered Venue Operators Grant Applications on April 8 National informational webinar to review application process on March 30 WASHINGTON –The U.S. Small Business Administration is launching a splash... read more
- Georgia Individual Income Tax Deadline Extended
March 18, 2021 ATLANTA – The Georgia Department of Revenue (DOR) announced today, in conformance with the U.S. Treasury Department and Internal Revenue Service (IRS), that the state of Georgia is automatically extending the 2020 individual... read more