Last week, we walked you through the Affordable Healthcare Act requirements for individuals to report their healthcare on their tax returns. This week, we look at the ACA tax requirements for employers.Applicable large employers If your company has 50 or more...
The Affordable Care Act has been a hot topic in Washington this year. We’ve followed months of debates and negotiations over whether to repeal and replace it. We’ve seen heated protests and town hall meetings across the country both for and against the...
Many likely would agree that when it comes to paying for health care in America, including Georgia, confusion reigns. This has long been the case, but it seems compounded this year because of the status of the Affordable Care Act, also known as Obamacare.Whether or...
There's big money in nonprofits. That might seem hard to believe when applied to this sector of the U.S. economy. After all, when Georgia readers think of nonprofits – also known as charities – they likely call to mind their local place of worship, the...
Last week we wrote about the governor's pledge of tax relief in the wake of Hurricane Irma. Even then, it was clear that no part of the state is untouched by the storm, making the promise of help all the more welcome.Since then, the forms that help will take...
By the time Irma reached Georgia last week, she was not the hurricane she had been. But even in her diminished state she wreaked a great deal of havoc. After a statewide tour this week , the governor said the storm touched virtually every county and that recovery is...
Gilbert Hyatt, the man responsible for inventing the integrated circuit microprocessor, has been involved in his share of legal disputes over the years. For years, Hyatt was involved in patent litigation concerning his invention. Nowadays, Hyatt continues to be...
Last time, we began discussing the IRS appeals process. As we pointed out last time, the right to appeal an IRS determination is one of taxpayers’ basic rights, and taxpayers should not be afraid to make use of the process when they have a disagreement with a...
Although taxpayers may not realize it, they have clear rights when it comes to dealing with the IRS. These rights are embedded within the Internal Revenue Code, and are summarized in what the IRS calls the Taxpayer Bill of Rights.Among the basic rights that belong to...
Last time, we mentioned that Floyd Mayweather Jr. has filed an appeal with the IRS seeking temporary relief from payment of back taxes and a reduction in penalties. That appeal was filed in response to a tax lien the agency filed in April. It remains to be seen what...
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