News

The IRS has come out with official procedures for providing K-1’s in electronic format. Generally, the procedure provides rules for (1) obtaining recipients’ consent to receive Schedule K-1 in electronic... Continue Reading

Georgia has enacted legislation amending provisions concerning the film tax credit and the job tax credit available against corporate and personal income tax liabilities. The film credit has been expanded to... Continue Reading

The Georgia Department of Revenue has amended its personal income tax regulation concerning withholding on nonresident members of pass-through entities to conform with statutory changes. The amendments require... Continue Reading

The Dodd-Frank Act has significant effects on Real Estate Investment Fund Managers. HLB Gross Collins, P.C. is one of Atlanta’s top Certified Public Accounting firms with deep specialization in the Financial... Continue Reading

With Identity Theft on the rise, the IRS is taking precautions to protect taxpayers. One of the more common schemes that occurs at this time of year is when someone files a tax return requesting a refund, and... Continue Reading

Businesses or the headquarters of any such businesses engaged in manufacturing, warehousing and distribution, processing, telecommunications, tourism, or research and development that have increased their port... Continue Reading

In view of the decline in the stock market, a taxpayer might wish to reverse a Roth IRA conversion if the value of the assets decreased following the conversion to avoid paying taxes immediately on a... Continue Reading

Began business with a vision of tangible accomplishment.  Cash flow to support a future lifestyle Accomplish goals with special and nimble approach which others are not  Large company –... Continue Reading

The Governor signed House Bill 168 into law. Consequently, for taxable years beginning on or after January 1, 2010, except as discussed below, Georgia has adopted the provisions of all federal acts... Continue Reading