Georgia Coin Operated Amusement Machine Sales Tax Audit
Georgia Coin Operated Amusement Machine Sales Tax Audit Our firm was dealt with a new predicament where a GDOR auditor levied sales tax on the winnings of a COAM. At issue is the taxability of transactions stemming from the winnings of coin operated amusement machines, administered by COAM. Rule 13.3 of COAM allows players of […]
IRS Tax Reform Effect on Farmers Ranchers
Many farmers and ranchers will benefit from tax law changes brought about by last year’s Tax Cuts and Jobs Act. Here are some of those changes along with details about how they will affect farmers and their bottom line: Net Operating Losses: Qualified Business Income Deduction: Accounting method changes: IRS Tax Reform on Farmers Ranchers