January 5, 2021, To All Interested Parties: The Georgia Department of Revenue has issued a policy bulletin to announce the interest rate of 6.25%, accruing monthly, which will apply to interest-bearing refunds and past due taxes for the 2021... read more

*We will be updating this article as we receive more information. December 21, 2020 The House Rules Committee discussed the Senate Amendment to HR 133 (Consolidated Appropriations Act of 2021) today. This Act is well over 5,000 pages and includes... read more

As we close out 2020 and prepare for the next “busy season,” there are a number of updates CPAs and tax practitioners need to be aware of. Here are some of the highlights: The Internal Revenue Service (IRS) has released more... read more

*We will be updating this article as we receive more information. December 20, 2020 The much-anticipated official announcement from the United States Congress has finally arrived via an announcement from Senate Majority Leader Mitch McConnell on... read more

The Georgia Department of Revenue has released an email to the public regarding changes to electronic signature and remote notary administrative procedures. The email reads:  Administration Rules for e-signatures and remote notarizations are... read more

Recently, The Georgia Society of CPAs (GSCPA) cosigned with the Association of International Certified Professional Accountants (AICPA) and CPA societies in all 54 states and territories to request that a provision be included in a must-pass bill... read more

Thomas G. Stephens, Jr., CPA, CITP, CGMA For many, the Holiday Season is a time to look back and reflect on the year gone by – and what a year it was! But it is also a time to look forward, to plan, and to consider how we can do better in... read more

The Georgia Department of Revenue has posted new bulletins, effective January 1, 2021, pertaining to state excise tax and prepaid local tax on motor fuel sales. To view these bulletins and other historical bulletins, please visit:   Calculating... read more

RR-2020-28: Determination of Rate of Interest  Revenue Ruling 2020-28 provides the interest rates for the first quarter of 2021. The rates for interest determined under Section 6621 of the code for the calendar quarter beginning January 1,... read more