Latest News from the Office

A discussion of the latest developments in law that we find interesting.

Canton, GA: The IRS Says I Owe the Wrong Amount

I regularly get questions from individuals that have been assessed an additional tax, either from an audit or just a notice with little explanation. The letter makes it sound like there is they have no choice but to pay.

Continue Reading

Canton, GA: Five things you should do if the IRS is auditing you

Getting audited by the IRS is a stressful event in the best of circumstances. When you get a letter from the IRS, it can be hard to know how what you should do or how to respond.

Continue Reading

Congress Fixed PPP Deductions, Right? Well, Sorta

The rollout of the Payroll Protection Plan loans has been fraught with peril for not only those trying to take the benefit but also for those advising them. The program’s stated goal was to provide a quick influx of cash for small businesses to help them cover expenses, especially payroll, through the pandemic.

Continue Reading

Coming Soon: Mandatory Audits for Georgia's Film Tax Credit

In August, the Georgia Legislature passed a bill phasing in mandatory audits of all film tax credits over the next three years. Starting in 2021, some credit certified by the Department of Economic Development (DECD) will require an audit.

Continue Reading