Bipartisan Budget Act Eliminates a Social Security Strategy

The Bipartisan Budget Act of 2015, signed by President Obama near the end of last year, eliminates a strategy that allowed married couples to maximize their Social Security benefits. Referred to as the “apply-and-suspend” strategy, it allowed couples to take advantage of spousal benefits and delayed retirement credits simultaneously. Congress concluded that the strategy threatened…

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Years of Double Taxation in Georgia Ruled Invalid

Georgia Tax Refunds Available to Owners of Entities with Texas Operations [UPDATE: A RECENT RULING HAS AFFECTED THIS INFORMATION. A NEW ARTICLE WILL BE POSTED SOON.] Double Taxation. In Georgia, those are what we like to call “fightin’ words.” Unfortunately, for years Georgia taxpayers have been taking a beating if they had a pass-through company…

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Gaming Companies: Get In Line To Claim Endangered Tax Credits

By David Nash, Tax Supervisor Since the mid-2000s, the State of Georgia has provided numerous tax credits and incentives to entertainment and production companies to attract these businesses to the state.  And it’s working.  Georgia is now one of the top 5 production destinations in the country, and it is estimated that entertainment-related business brought…

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