While most people are familiar with tax benefits for other types of investments, often times, they are less familiar when it comes to the tax benefits of health savings accounts. There are three such benefits that you should know about and take advantage of. Perhaps the largest tax benefit is that the money that goes […]
Tax - Income Taxes
Tax Credits for Electric Car Owners in Atlanta
Besides being healthier for the environment, purchasing an electric car can be healthy for your tax return. However, there are a few requirements that go hand-in-hand with the purchase of an electric car that one needs to understand to reap the full benefit from the tax credit. Put simply, the current tax credit for purchasing […]
Part 3 on Tax Credit
Alright, last post to follow up the first 2. We apologize for the length, but it’s a lot of information to cover. Okay so we’ve got Research and Development Tax Credit along with Sales and Use Tax Exemptions. We’ll try to make it short and sweet. So with research and development, a tax credit […]
Part 2 of Tax Credit
In continuation to our last post, we are going to talk about Investment Tax Credit and Retraining Tax Credit. Based upon the same tier system that the Job Tax Credit follows, a taxpayer can obtain a credit against income tax liability. The taxpayer had to have operated an existing manufacturing or telecommunications facility or operated […]
Part 1 on Tax Credit
Happy Friday! Alright, so we’re posting a lot of crucial information about income tax credits that apply here in the state of Georgia. We will condense it for these posts, but it is very important that you consult a financial advisor to help further understand these tax credits. Okay, we’re going to start with Job […]
Trump’s Issue with Hedge Funds
If you pay attention to recent headlines, it may seem that being a hedge fund manager is the equivalent of being a punching bag, but while Donald Trump and others may be wagging their fingers and sparring verbally, there may be good reason to do so. According to Trump, “The hedge fund guys didn’t build […]