Articles
- Georgia’s PEACH Education Tax Credit and Support for Literacy
For far too long, the state of Georgia has struggled to break the cycle of generational low literacy. Today, an estimated one million Georgians lack basic literacy skills. When compared with other states, Georgia ranks in the 40th percentile of... read more
- IRS Help Available To Victims of Hurricanes Helene and Milton; May 1 Deadline Now Applies To Individuals and Businesses
IR-2024-266, Oct. 11, 2024 WASHINGTON — In the wake of the devastating hurricanes that have ravaged Florida and the Southeast in recent weeks, the Internal Revenue Service today reassured victims that it stands ready to provide the... read more
- IRS Provides Relief for Helene for All of Georgia; Various Deadlines Postponed to May 1, 2025
WASHINGTON — The Internal Revenue Service today announced disaster tax relief for all individuals and businesses affected by Hurricane Helene, including the entire states of Alabama, Georgia, North Carolina and South Carolina and parts of... read more
- Hurricane Tax Relief Update for Georgia CPAs
Ever wonder what the process is to qualify a Natural Disaster for Tax Relief? The Georgia Society of CPAs (GSCPA) has you covered! This infographic walks you step by step through the process. GSCPA actively advocates for relief from both state... read more
- IRS Relief Now available to Hurricane Debby victims in all of South Carolina, most of Florida and North Carolina, part of Georgia; various deadlines postponed to Feb. 3, 2025
WASHINGTON — The Internal Revenue Service today announced tax relief for individuals and businesses in four states affected by Hurricane Debby. Affected taxpayers in South Carolina, North Carolina, Florida and Georgia now have until Feb. 3,... read more
- Georgia Tax Legislation Roundup: Major Bills That Were Signed and Vetoed
Amidst the flurry of activity during the 2024 legislative session, Georgia lawmakers have ushered in a series of tax bills aimed at shaping the state's fiscal landscape. Governor Brian Kemp recently signed several significant bills into law,... read more
- GSCPA Asks Governor Kemp to Veto Senate Bill 368
The Georgia Society of CPAs (GSCPA) recently asked Governor Kemp to veto Senate Bill 368 (SB 368). While GSCPA understands the intention to protect our state, we believe SB 368 imposes excessive burdens on businesses operating in Georgia. Letter... read more
- GSCPA Joins AICPA in Letter to Voice Concerns with BOI Rollout and Request Delay of Enforcement
The Georgia Society of CPAs, along with the AICPA, recently called on the U.S. Department of the Treasury and the Financial Crimes Enforcement Network (FinCEN) and voiced serious concerns regarding the enforcement of the Beneficial Ownership... read more
- It's Time to Renew Your Georgia Firm License for 2024-2026
It’s time to renew your Georgia Public Accounting Firm license. Your license expires June 30, 2024, so visit https://gaboa.mylicense.com/egov/Login.aspx any time before then to renew. If this is your first time renewing, you will need to... read more
