Georgia Resale Certificates Not Enough In Audit
Overview In an effort to stay current with the latest changes in Georgia sales tax rules and regulations, this article provides a briefing on the topic of resale certificates. Resale certificates are provided to vendors who purchase goods at wholesale prices with the intention of reselling those items to the end user. It’s important to […]
Texas General Contractor Back Charges Sales Tax Audit
Sales Tax Audit: Texas General Contractor Back Charges If you are a General Contractor in Texas, then you should be familiar with the term “back charges.” If you do not account for back charges properly in your records, then the new problem that you will face is double taxation. Yes, you will essentially be charged […]
Services Taxable In Tennessee
When you think of services, the obvious thought is that a service cannot be taxable because there was no change of title of a tangible item. However, that is not always the case in Tennessee. Taxable Services Under Tennessee Law Examples of Taxable Services Services specified in the law that are subject to sales tax […]
Married Person Owns Home In Nursing Home Medicaid Eligibility Attorney
Facts Married couple with $200,000 in assets, a home, and $2,500 monthly income: CRISIS PLANNING! Mark and Tina are married. Tina recently moved into a nursing home, and Mark continues to live in the nursing home. Combined Assets: Monthly Income: Monthly Expenses: Process Count the Assets The home and auto are excluded, so they are […]
Single Person Owns Home In Nursing Home Medicaid Eligibility Attorney
Overview Our most typical case involving a single person will be that of also owning a home with some income. Example Case Facts: M is single and has the following assets: M’s Monthly Income: M’s Monthly Expenses: Analysis If M is already in the nursing home: Total Assets:The home and auto are excluded, so they […]
Georgia Medicaid Nursing Home Application Lawyer
Understanding Georgia Medicaid Nursing Home Planning Through Case Studies The best way to understand Georgia Medicaid nursing home planning is by way of case studies. Let’s look at the following facts: Case Study: Bob’s Situation Single person: BobStatus: Already in the nursing homeAssets: $215,000 (no home)Income: $2,090/month Assets Breakdown: Monthly Income: Monthly Expenses: Step-by-Step Medicaid […]
Georgia Medicaid Planning Nursing Home Care And Funeral Contracts
When we discuss countable and non-countable assets as it pertains to Medicaid qualification for nursing home care, funeral and burial contracts are also taken into consideration. Let’s recap from our prior post on countable assets: Bank Accounts Pre-Paid Funeral/Burial Under federal law, you are permitted to set aside money in an irrevocable pre-paid burial and […]
Georgia Medicaid Asset Rules For Nursing Home
Overview In order to determine your eligibility for Medicaid, assets must be categorized as countable and non-countable. Below is a detailed breakdown of these categories: Countable Assets The following are considered countable assets for Medicaid eligibility purposes: Unavailable Assets Certain types of assets are non-countable because they are not legally accessible to the applicant or […]
Georgia Medicaid Planning Attorney
What is Medicaid Crisis Planning? Medicaid Crisis Planning refers to situations where someone is currently in a nursing home and Medicaid benefits are needed immediately. This type of planning differs significantly depending on whether the person is single or married. This type of planning is highly case-specific, as there are various strategies we can employ. […]
Georgia Sales Tax Audit Casual Sale Exemption
Understanding the Casual Sale Exemption in Georgia Sales Tax Audits If you are a retailer of food and/or food services, is a one-time sale of a desk at retail subject to sales tax? Using the definition of a casual sale, the answer would be no. If you are undergoing a sales tax audit and the […]