Then, it creates a new local option sales tax that is used for property tax relief. “This FLOST would, basically, have to be a one for one swap with sales tax to offset your property tax in your general fund,” Cannon said. “So, essentially, it’s a shift of the tax burden fro...
An LLC is a business entity, while an S corp is a tax filing. Learn more about the differences and compareLLCs vs. S Corps. Can I form a professional LLC in Georgia? Georgia doesn’t offer professional limited liability companies at this time (LLCs organized by professionals in licensed ...
HB 112 would give back money paid by individuals or married people filing separately up to $250. According to the bill, heads of household would get up to $375 and while married couples filing jointly could receive up to $500. The bills are part of Gov. Brian Kemp’s initiative to retu...