Georgia Sales Tax Audit Pharmacy
Just like any other business, pharmacies in Georgia are subject to collecting sales tax on their sales, unless an exemption is met. Background on Sales Tax Collection Let’s do a little policy and history lesson on sales tax collection: Prescription Drugs and Tax Exemptions Audit Considerations for Pharmacies When a pharmacy is audited for sales […]
IRS Urges Taxpayers With High Income, Complex Returns to Check Withholding
The IRS urges high-income taxpayers and those with complex tax returns to complete a “paycheck checkup.” Doing so will help them determine if they are having the correct amount of taxes withheld from their paychecks for the rest of this year. The IRS Withholding Calculator and Publication 505: Tax Withholding and Estimated Tax can assist in […]