Articles
- Deadlines To Register For An Economic Impact Payment Are Just Around The Corner
Federal benefit recipients who don’t normally have a filing requirement but do have qualifying children must register by Wednesday, Sept. 30 to receive a $500 catch-up payment per child. Other non-filers have until Thursday, Oct. 15 to... read more
- Hackers are Seeking Easy Targets: Protect Your Business from Phishing and COVID-19 Threats
by JON POWELL, CISA, CPA/CITP, CHRIS ARNONE, CPA AND JOURNET GREENE, CISA That moment you thought would never come has just arrived. Your company's systems have been compromised, and hackers have stolen a significant amount of money. As you race... read more
- IRS Releases Guidance On CCH Outage
During the September 15 tax deadline CCH experienced a widespread outage preventing many from completing necessary steps to make the deadline. The IRS has released guidance stating, "On September 1, 2020, the IRS updated its procedures on the... read more
- The COVID-19 Office: What Does It Look Like?
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By: Natalie Rooney What does your workspace look like these days? Are you back in the “peace and quiet” of an office routine? Are you still working from home in your jammies while trying to homeschool? GSCPA members share their plans... read more
- GDOL Scheduled to Release First Round of LWA Payments
SEPTEMBER 10, 2020 Atlanta, GA - The Georgia Department of Labor (GDOL) announced that claimants who qualify for the Lost Wages Assistance (LWA) program will be issued their first round of supplemental payments by early next week for the first... read more
- IRS Releases 2020-2021 Special Per Diem Rates
Notice 2020-71 announces the special per diem rates effective October 1, 2020, which taxpayers may use to substantiate the amount of expenses for lodging, meals, and incidental expenses when traveling away from home. This notice provides the... read more
- IRS Highlights Higher Penalties For Some Tax Returns Filed After Sept. 14
WASHINGTON — The Internal Revenue Service today urged individuals who owe taxes but have not yet filed for 2019 to act now to avoid larger penalties that, by law, start after Sept. 14. The tax deadline was July 15 this year. Taxpayers... read more
- Interest Rates Remain The Same For The Fourth Quarter Of 2020
WASHINGTON – The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning Oct. 1, 2020. The rates will be: 3% for overpayments (2% in the case of a corporation); 0.5% for the... read more
- Guidance for County Tax Commissioners for Property Tax Appeal Deadlines and Digest Submissions in Light of COVID-19
The Department of Revenue is issuing a bulletin to provide information and guidance to County Tax Commissioners and Boards of Assessors regarding the tolling of property tax appeal deadlines by the Georgia Supreme Court emergency orders issued in... read more
- Taxpayers Should Renew Expiring ITINs Early To Avoid A Refund Delay Next Year
Individual taxpayer identification numbers are used by taxpayers who have tax filing or payment obligations under U.S. law but who are not eligible for a Social Security number. People with expiring individual taxpayer identification numbers... read more