Tag Archives: #taxcredits

FINALLY – 2014 Tax Breaks are Extended

Finally, President Obama into law the Tax Increase Prevention Act of 2014 (HR5771). This Act extends more than 50 tax provisions for 2014. It is important to note that this Act does not make these provisions permanent. The 114th Congress … Continue reading

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C-Corporations and Pass through corporations can contribute to the Georgia GOAL Scholarship Program and receive a much needed benefit.

Corporations can receive a tax credit for amounts contributed to the GOAL Scholarship Program and many corporations have done so. For “C” corporations, the tax credit is available up to 75% of their annual Georgia income tax liability. Owners of … Continue reading

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Tax Credits for Real Estate Investors

For real estate investors, tax credits can be tricky.  Most investors can save more by classifying fix-ups as deductible repairs rather than depreciable improvements.  But in the case of rehabilitation and renovation expenses this may not be the case since … Continue reading

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Helping you see the forest through the trees: Affordable Healthcare Act

The individual mandate goes into effect on January 1, 2014.  What does this mean for you and your family?  Each individual must obtain and maintain insurance for themselves and any dependents or face paying a monthly penalty.

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