The 2023-2024 Georgia legislative session ended with notable bills that included tax rate changes, state credit program modifications and the potential for a new Georgia Tax Court that has been signed by the Governor. Read More
The Department of Treasury and IRS are releasing Notice 2024-08926 in the Federal Register. Much of this guidance clarifies the previously proposed rules regarding the transfer of clean energy credits. Read More
The IRS's new Business Aircraft Campaign will focus on airplane usage by large corporations, large partnerships and high-income taxpayers, emphasizing the amount of business versus personal use, income reporting and fringe benefit inclusion. Read More
On January 24, two Tennessee House Republicans introduced House Bill (HB) 1893. As introduced, HB 1893 deletes the provision requiring that the measure of the franchise tax must not be less than the actual value of the real or tangible property owned or used by a taxpayer in Tennessee. Read More
