Georgia Rural Hospital Tax Credit
Potential Increase in Tax Credit Georgia lawmakers may consider boosting the state’s annual tax credit for rural hospitals from $60 million to $100 million when the new legislature arrives for work in January. The effort to bring more money to financially struggling rural hospitals is commendable, but evidence points to greater financial benefits for rural […]
Valdosta Georgia Sales Tax Increase
Purpose of the T-SPLOST Tax The sales tax, called T-SPLOST (Transportation Special Purpose Local Option Sales Tax), is intended to fund projects such as overpasses, bridges, and roads. “They raise money and people have different opinions because it’s more money involved. If the money is put where it needs to be put, I don’t see […]
Real Estate Rehabilitation IRS Tax Credit
Overview of the Rehabilitation Tax Credit The rehabilitation tax credit offers an incentive for owners to renovate and restore old or historic buildings. Tax reform legislation passed in December 2017 changed when the credit is claimed and provides a transition rule. Key Points: Transition Rule for Owners A transition rule provides relief to owners of […]
100 Percent Depreciation Deduction For Georgia Businesses
New 100-Percent Depreciation Deduction Benefits Business Taxpayers Tax reform legislation passed in 2017 includes changes that affect businesses. One of these changes allows businesses to write off most depreciable business assets in the year they place them in service. Key Facts About This Deduction Here are some facts about this deduction to help businesses better […]
Georgia Sales Tax Auditor Factor
The sales tax audit factor can also be referred to as the average tax error and/or audit factor. Since most auditors refer to this number as the Factor, we will also call it the Factor in this explanation. Importance of the Factor The Factor is the most crucial number in the entire audit. If the […]
Tax Accountant Penalty Defense Attorney
If you are a CPA and/or tax accountant, then you have certain obligations to meet with the IRS when it comes to preparing tax returns for your clients. The most common penalties are broken down below. Call our office to discuss your options whether you have already been contacted or not; we can devise a […]
IRS Tax Attorney Gainesville GA
Experienced Gainesville, GA Tax Audit Attorney Gainesville, GA tax audit attorney Mansoor Ansari has experience counseling clients from all walks of life, all income levels, and nearly every profession. Nearly anyone with an income or assets can be targeted for a tax audit. Gainesville tax audit attorney Mansoor Ansari can protect your best interests regardless […]
Georgia Sales Tax Audits
Georgia Sales Tax Audits Defense Lawyers If you are undergoing a Georgia sales tax audit, you might be wondering what your options are if you do not have all of your books and records ready for the audit. Many of our retail store owners complain of being overburdened by not having all of their books […]
USDA Appeal Attorney Niger Seed
Introduction Our client was in quite a predicament when the USDA tried to label his bait as “illegal” for import to the U.S. The problem is that the USDA did not recognize that boiling niger seed was actually the acceptable form of treatment that would otherwise make the bait legal. Background Count 1: USDA Complaint […]
Georgia Veterinary Clinic Sales Tax Audit
Understanding Taxability of Animal Medications If your veterinarian clinic has been selected for a sales tax audit by the Georgia Department of Revenue (GDOR), then you should know that the human rules of consumption do not apply to animals. Georgia, like 47 other states, does not charge sales tax on pharmaceuticals and prescribed medication for […]