GA

In tax, the idea of domicile or residence determines who, what state or country, can tax you. If you move to another state or another country, then your tax residence changes too, right?

In Georgia, the Department of Revenue oversees collecting and enforcing many of the State’s taxes, including income tax. This includes conducting audits in personal and business returns. If the Georgia Department of Revenue is auditing your return, here are three things you should do.

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.

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.