Small Business Reorganization Chapter 11 Bankruptcy Atlanta
Introduction The main point: It’s easier for small businesses to file a Chapter 11 bankruptcy. Prior to this change in the law, a dry cleaner would be treated no differently than Delta Airlines. That is now a thing of the past. The Small Business Reorganization Act of 2019 streamlines existing rules governing the efforts of […]
Tax Preparer Penalty Due Diligence Attorney Atlanta Georgia
If you are a tax preparer facing a due diligence audit by the IRS, you might be concerned about some of the deductions that you have given your clients. Common Deductions That Cause IRS Issues The most common deductions that we have seen causing trouble for our clients are: A few of the credits mentioned […]
Is There Georgia Sales Tax On Repair Labor Or Installation Labor
Importance of Proper Invoicing The key here is to make sure that you are stating things separately on your invoices. When you are undergoing an audit, you will notice that the auditor routinely groups transactions together when they are listed as such on your receipts to your end clients. For example: Why This Matters The […]
Texas Sales Tax On Lease
Texas Sales Tax on Equipment Leases If you lease equipment for the purpose of renting it to someone else, you may need to charge a sales and use tax in Texas. However, if you are renting the equipment to someone but you will operate the equipment, you do not need to pay sales and use […]
Atlanta Chapter 11 Bankruptcy Lawyer
Overview of Chapter 11 Bankruptcy Chapter 11 of the Bankruptcy Code primarily provides for reorganization, typically involving a corporation or partnership. A Chapter 11 debtor usually proposes a plan of reorganization to keep the business operational while paying creditors over time. However, individuals in business can also seek relief under Chapter 11. Background A case […]
Michigan Snap Violations Attorney
Impact of Proposed SNAP Rule Changes in Michigan Almost 150,000 Michigan residents would lose food assistance and free school lunches if a proposed federal rule comes to fruition, state officials warn. Families, senior citizens, and people with disabilities are most likely to be affected by the U.S. Department of Agriculture’s proposed changes to the Supplemental […]
Alabama Convenience Store Sales Tax Audit-Attorney
If you are a convenience store owner in Alabama, you must be on the lookout for a sales tax auditor. Over the last year, sales tax audits in Alabama have been on the rise. Common Pitfalls in Alabama Convenience Store Sales Tax Audits 1. Not Keeping Receipts or Z-Tapes for Sales Made to Customers The […]
Bankruptcy Lawyer Alpharetta
Understanding Dischargeable Debts in Bankruptcy If you are contemplating bankruptcy, the most important thing that you can do is understand what is dischargeable. What Does Dischargeable Mean? A dischargeable debt in bankruptcy is a debt that will be forgiven once the case is filed and the case is confirmed by the court. For instance, if […]
USDA To Start Limiting SNAP Recipients
Overview of USDA’s New Policy The U.S. Department of Agriculture announced a new plan to eliminate automatic enrollment for those who are already part of other programs. Currently, most states, including Michigan, allow individuals enrolled in some welfare programs to automatically qualify for the SNAP program. This change could impact more than three million Americans. […]
Texas Online Sales Tax Attorney
Overview of Texas Online Sales Tax Legislation A pair of bills unanimously advanced by the Texas Senate on Friday would allow the state to collect sales tax on items sold by vendors who do not have a physical presence in Texas. A 2018 U.S. Supreme Court ruling in the case South Dakota v. Wayfair Inc. […]