Articles
- NFTs Bring New Challenges
While 2021 has seen Bitcoin and other cryptocurrencies rise in notoriety and value, we cannot overlook the increased popularity of NFTs—non-fungible tokens. Recently digital designer Mark Winkelman (aka Beeple) sold his digital collage NFT... read more
- IRS Improves Services To Taxpayers With Digital Authorizations And Launch Of New Tax Pro Account
IR-2021-154, July 19, 2021 WASHINGTON – The Internal Revenue Service today launched a new feature that will give taxpayers digital control over who can represent them or view their tax records, a groundbreaking step in the agency’s... read more
- IRS Security Summit Announces Summer Campaign To Raise Awareness Among Tax Pros About Identity Theft; Urges Practitioners To Boost Security Immunity
WASHINGTON – Continuing an effort to battle tax-related identity theft, the IRS, state tax agencies and the tax industry announced today that the annual campaign to raise awareness among tax professionals about data security will begin next... read more
- July Ushers In Georgia Income Tax Cut, New Business Incentives
by Nyamekye Daniel (The Center Square) – New laws that will cut income taxes for Georgians and increase tax incentives for businesses go into effect Thursday with the start of a new fiscal year. Dubbed the Tax Relief Act of 2021, House... read more
- Governor Kemp Names Three New Appointments
Atlanta, GA – Today Governor Brian Kemp announced the appointment of Robyn Crittenden to be the Commissioner of the Department of Revenue (DOR), Shawnzia Thomas to become Executive Director of the Georgia Technology Authority Board (GTA)... read more
- IRS Unveils Online Tool To Help Low-Income Families Register For Monthly Child Tax Credit Payments
WASHINGTON — The Treasury Department and the Internal Revenue Service today unveiled an online Non-filer Sign-up tool designed to help eligible families who don't normally file tax returns register for the monthly Advance Child Tax Credit... read more
- Gov. Kemp Swears in Interim Revenue Commissioner
Atlanta, GA - Today Governor Brian P. Kemp swore in Francis "Frank" O'Connell as interim Commissioner of the Georgia Department of Revenue. Commissioner O'Connell will succeed David Curry, who was appointed by Governor Kemp in 2019, effective... read more
- Deloitte’s MADE Commits $75 Million to Fuel Greater Racial and Ethnic Diversity in Tax and Accounting
NEW YORK, June 2, 2021 — Deloitte announced today the establishment of Making Accounting Diverse and Equitable (MADE), a commitment to generate more advisory, auditing, and tax career opportunities and leadership pathways for the next... read more
- SBA Administrator Issues Statement on the Closure of Paycheck Protection Program
WASHINGTON – Today, U.S. Small Business Administrator Isabella Casillas Guzman issued the following statement on the closure of the Paycheck Protection Program (PPP) to new loan guaranty applications, which has provided over$798 billon in... read more
- Unintentionally Becoming a Taxable Resident of Georgia During COVID
The COVID-19 pandemic forced many employees to work remotely, and some worked in states other than those where they usually worked. The shift caused much confusion for employers who questioned whether they had new tax obligations to the states... read more