Latest News

New Tax Breaks Designed to Help Rural Hospitals in Georgia

Rural hospitals have faced financial challenges due in part to many patients being uninsured or indigent with a number of these hospitals going bankrupt. In an effort to encourage donations to Georgia...

IRS Impersonation Scam

The Treasury Inspector General for Tax Administration (TIGTA) has received information that callers impersonating Internal Revenue Service (IRS) employees or the Treasury Department are demanding payments...

Business Tax Benefits You Don’t Want to Miss

The tax code includes Section 179, which permits first-year deduction (expensing) of amounts spent for business equipment. This provision formerly allowed annual deductions up to $25,000. After $200,000 of...

Small Company Tax-Free Investment Gains

For more than 20 years, Section 1202 of the tax code has offered benefits to investors in certain small companies. Generally, non-corporate investors can use this tax break if they buy stock in companies that...

High-Income Families – Get this Tax Break for College Costs

In 2009, Congress replaced the Hope Scholarship Tax Credit with the American Opportunity Tax Credit (AOTC). Compared with the Hope credit, the AOTC offers more annual tax savings and is available to people with...

IRA Charitable Donations

For most people, using IRA dollars for charity is a two-step process. You take money from your IRA, reporting taxable income. Then, you donate it to the charity or charities of your choice, perhaps claiming a...

HLB International Appoints New Members in Albania and Qatar

HLB International, one of the leading global accountancy networks with presence in 130 countries, continues its growth with the recent signing of new members in Albania and Qatar. Albania T.A.L.I.S. Tax Audit...

IRS Released Top 10 Identity Theft Cases

The summary of the following 10 identity theft cases in states including Alabama, Florida, Georgia and New Jersey is based on public information available in court cases: Top 10 Identity Theft Cases Tampa Tax...

Beware of Threat to Taxpayers: Criminals Impersonating IRS Agents on the Phone

Aggressive and threatening phone calls by criminals impersonating IRS agents remain a major threat to taxpayers, but now the IRS is receiving new reports of scammers calling under the guise of verifying tax...

News