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Last year, Senate Bill 246 (134th GA) authorized pass-through entity owners to “elect” to file a new form IT 4738 and be subject to a new entity-level tax in response to the federal $10,000 SALT deduction cap limit placed on individuals.
Read ArticleThe Department of Treasury and the IRS issued Notice 2023-64 to provide additional interim guidance designed to help corporations determine whether the new corporate alternative minimum tax (CAMT) applies to them and how to compute the tax.
Read ArticleIn case you missed them, here are some recent interesting tax and financial planning news items from around the web.
Read ArticleLast year, Senate Bill 246 (134th GA) authorized pass-through entity owners to “elect” to file a new form IT 4738 and be subject to a new entity-level tax in response to the federal $10,000 SALT deduction cap limit placed on individuals.
Read ArticleThe Department of Treasury and the IRS issued Notice 2023-64 to provide additional interim guidance designed to help corporations determine whether the new corporate alternative minimum tax (CAMT) applies to them and how to compute the tax.
Read ArticleIn case you missed them, here are some recent interesting tax and financial planning news items from around the web.
Read Article