News

August 9-10, 2013 will be a Sales Tax Holiday for Georgia shoppers. It applies mainly to clothing and is intended to coincide with back-to-school shopping needs.  The exemption is for clothing and footwear... Continue Reading

Despite delays in some of the implementation of the PPACA, some provisions are still moving forward at this time (unless more changes). You may already be aware. Although the IRS has delayed the Patient... Continue Reading

HLB International, one of the leading international accountancy networks, has recently signed two new member firms. Joining the network are Elyaa Audit and Consulting based in Bahrain, and Abraham Isaac &... Continue Reading

HLB International has recently signed a new member firm. Joining the network is KMC, based in Niamey, Niger, who will be HLB International’s member in the following countries: Niger, Senegal, Burkina Faso,... Continue Reading

The IRS is in the process of replacing Social Security numbers (SSNs) with two-dimensional bar codes on nearly all of its notices in an effort to slash identity theft, an official with the agency’s... Continue Reading

The Georgia Department of Revenue has issued an informational bulletin that provides notification of Georgia’s 2013 sales tax holidays. The exemptions from state and local sales and use tax will apply to... Continue Reading

Form TD 90-22.1, Report of Foreign Bank an Financial Account (FBAR) is due June 30 with no extensions.  FBAR must be filed if a United States person had a financial interest in or signature authority over... Continue Reading

The Internal Revenue Service announced today additional details about the closures planned for May 24, June 14, July 5, July 22 and Aug. 30, 2013. Due to the current budget situation, including the... Continue Reading

Legislation has been enacted that amends the qualified education expenses tax credit available against Georgia corporate and personal income tax liabilities. Applicable to taxable years beginning on or after... Continue Reading