Updated Guidance on Emergency Plan Distributions

5 months ago

Individuals facing emergency personal expenses or domestic abuse can now access retirement plan savings without the 10% penalty for early…

New Scams Prey on Corporate Transparency Act Reporting

5 months ago

The Corporate Transparency Act was passed in 2021 and became effective on January 1, 2024. The legislation aims to increase…

Georgia Manufacturing Investment Tax Credit

5 months ago

The Georgia Manufacturing Investment Tax Credit is a financial incentive aimed at supporting businesses in the manufacturing and telecommunications sectors.…

TN Eliminates Property Measure from Franchise Tax Calculation

6 months ago

On May 10, 2024, Tennessee Governor Bill Lee signed Public Chapter 950 into law, eliminating the property measure for computing…

IRS Issues Final Guidance for Clean Vehicle Tax Credits

6 months ago

The Inflation Reduction Act, signed into law in 2022, called for new taxes to tackle the rising deficit while investing…

Where do the Major Presidential Candidates Stand on Taxes?

6 months ago

As the 2024 presidential election approaches, tax policy remains a pivotal issue in the platforms of both major candidates: former…

A Guide to Georgia’s 2024 Tax Legislation

7 months ago

The 2024 legislative session in Georgia concluded on March 28th, marking a significant period of legislative activity that promises to…

New Overtime Protection Rule Announced

7 months ago

The Department of Labor (DOL) has announced a significant update to The Fair Labor Standards Act (FLSA), set to expand…

Tax Treatment of DOE Energy Rebates

7 months ago

The Department of Treasury and the Internal Revenue Service have released Announcement 2024-19, which provides detailed guidance on the federal…

Overview of Biden’s FY 2025 Tax Proposals

7 months ago

On March 11, President Biden presented a budget proposal that seeks to enact nearly $5 trillion in tax adjustments over…