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Inflation Reduction Act Signed into Law

On August 15, 2022, President Biden signed the Inflation Reduction Act of 2022 (IRA) into law. The $437 billion package is designed to combat inflation, invest in energy production and manufacturing, and minimize...

Key Senators Reach Agreement to Pursue the Inflation Reduction Act of 2022

Key Senators Announced a Deal to Pursue the Inflation Reduction Act of 2022 Many Potential Tax Changes Included On July 27, 2022, Senator Schumer and Senator Manchin announced a deal on updated...

Business Registration and Third Party Solicitation

Georgia laws require every corporation, limited liability company, and limited partnership authorized to transact business in the state to file an annual registration. This registration can be filed directly through...

Build Back Better Act Passes House, Awaiting Senate Approval

On November 19, 2021 the House of Representatives passed the Build Back Better Act (BBA). This version of the act is far different from the original. While there still could be changes as the act moves through the...

Georgia’s Legislature Enacts Pass-through Entity Tax

On May 4, 2021, Governor Kemp signed House Bill 149 into law. The new law makes Georgia the latest state to circumvent the $10,000 SALT deduction limitation that was established with the 2017 Tax Cuts and Jobs Act....

Georgia Extends Tax Deadline

On March 19, 2021, the Georgia Department of Revenue announced that the state of Georgia will automatically extend the 2020 individual income tax filing and payment deadline from April 15, 2021, to May 17, 2021. This...

American Rescue Plan Act Signed into Law

On March 11, 2021, the American Rescue Plan Act was signed into law by President Biden. As we previously reported, the Act includes many provisions intended to stimulate the economy including: Stimulus payments ...

Employee Retention Credit - Consolidated Appropriations Act

The Consolidated Appropriations Act, 2021 signed into law by the President on December 27, 2020, contains significant enhancement and extension on various business and individual tax laws. Under the new tax law, the...

SBA Updates for PPP Borrowers

New Streamlined PPP Loan Forgiveness Application The SBA has approved a simplified one-page PPP loan forgiveness application for loans of $50,000 or less. The new streamlined form makes the...

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