When Hurricane Michael tore through the southeastern part of the country earlier this year, it left many communities devastated. In Georgia, 69 counties were hit particularly hard—and are therefore eligible for certain benefits.
Surviving a hurricane can be a life-changing, traumatic experience. The entire world, as you know it, may seem to have shattered around you. You may have lost your home or your job. Your health may be compromised. Your social network may have crumbled.
With Veterans Day just around the corner, it seems like an appropriate time to review some core tax exemptions that veterans can receive. In today’s article, we outline the Georgia tax exemptions available to our brave men and women who have served in the armed forces.
Tax season isn’t until April, but the deadline will approach faster than you expect. Now that we are nearing the end of 2018, it is time to think about your approach for paying this year’s taxes. It is in your best interests to minimize the amount of taxes you owe. You can follow a few important, simple steps to reduce what you will owe in 2019.
The midterm elections are just around the corner. If you’re one of the millions of Americans who will be serving as an election worker on November 6, you may have questions about your compensation—and the tax laws that apply to this income.
Millions of hopefuls felt disappointed after they discovered Tuesday night that their Mega Millions lottery tickets did not match the winning numbers. The outlandish odds of winning the lottery did not discourage many Georgians from purchasing a ticket. The jackpot had reached $1.6 billion, breaking the 2016 record for the highest lottery jackpot in U.S. history.
You’ve had a lot of extra expenses lately—and money has been tight. So when your boss gives you the chance to work overtime, you jump on it. Time-and-a-half pay is just the extra income you need.
In a previous post, we discussed some of the tax benefits for military personnel serving in combat zones. In today’s post, we examine other types of tax breaks available to military members in other types of service.
U.S. military service members who are stationed in combat zones face extreme challenges each day. They risk their lives to serve their country. It’s reasonable to expect that filing their taxes may be the furthest thing from their minds.
In last week’s post, we discussed how the Tax Cuts and Jobs Act (TCJA) can drastically change the impact of taxpayers’ paycheck withholding. This week, we take a closer look at how this new legislation impacts taxpayers with dependents.