by Laxmi Patel | Jul 6, 2026 | Family, Individual Tax, Tax Planning
Receiving an inheritance can be both a blessing and a source of confusion. Many beneficiaries assume inherited assets are fully taxable, while others believe there are no tax consequences at all. The tax treatment of inherited assets depends on several factors,...
by Laxmi Patel | Sep 17, 2025 | Small Business
Natural disasters—from hurricanes to wildfires to floods to earthquakes—tend to strike without warning and can have a severe impact on your small business. Not having a small business disaster preparedness plan can result in extreme physical and financial...
by Laxmi Patel | May 21, 2025 | Accounting, Small Business
For small business owners, financial recordkeeping isn’t just a box to check—it’s the foundation of smart decision-making, tax compliance, and long-term success. Whether you’re running a service-based company, managing an online store, or consulting on the side,...
by Laxmi Patel | May 20, 2025 | News, Tax Planning
The Georgia General Assembly has passed House Bill 111, which reduces the personal income tax rate. It will impact Georgia taxes and tax planning for 2025 and forward. They have also passed House Bill 112, which provides surplus tax refunds based on certain criteria....
by Laxmi Patel | Feb 12, 2025 | Individual Tax
Many taxpayers may not realize that they need to pay taxes on the interest they accrue on loans, bonds, savings accounts, and more. To the government, almost all income is taxable income, but interest income is easy to forget or ignore. In short, if you’ve made money...
