Changes To Farmers Depreciation Deduction
Depreciation is an annual income tax deduction. It allows a taxpayer to recover the cost or other basis of certain property over the time that they use it. When figuring depreciation, taxpayers consider wear and tear, and deterioration of the property, as well as whether it’s now obsolete. Here is information about how the tax […]
Georgia Economic Sales Tax Nexus
The title of this article suggests one thing – that the traditional “nexus” of physical presence and/or a substantial and continuous contact no longer defines a tax obligation. Having an economic nexus with Georgia requires an out-of-state seller to make gross sales worth $250,000.00 to residents of Georgia. For example, your principal place of business […]