by Tabitha Regan, CPA | May 12, 2023 | Individual Tax
Receiving a tax notice from the IRS can be an unsettling experience. However, it’s crucial to remember that receiving a notice doesn’t necessarily mean you’ve done something wrong. The IRS sends out notices for various reasons, including...
by Tabitha Regan, CPA | Apr 28, 2023 | Individual Tax, Tax Planning
Starting in 2023, a personal or general business tax credit of up to $7,500 is available for the purchase of new clean vehicles meeting certain requirements (including electric, plug-in hybrid, and fuel cell vehicles). A credit of $3,750 is available if a critical...
by Tabitha Regan, CPA | Dec 30, 2022 | Small Business, Tax Planning
Georgia has expanded a few tax credit programs beginning in 2023. Tax credits give you a “dollar for dollar” benefit which means a $1 tax credit is equivalent to paying $1 in Georgia taxes. Review our tax credit guide about the top Georgia tax credits available to...
by Tabitha Regan, CPA | Aug 19, 2022 | News
President Biden signed the Inflation Reduction Act into law on Tuesday, August 16, 2022. The bill includes Corporate tax reform, increased IRS funding, healthcare provisions and clean energy incentives. This bill is the successor to the Build Back Better Act...
by Tabitha Regan, CPA | Jul 8, 2022 | Individual Tax, Tax Planning
In the past, workers stayed with the same company for years and years, working their way up in the company. However, times have changed. Businesses facing hard economic times restructure, forcing employees to look for new jobs. It’s also become common for...
