The Newly Expanded Tax Credit That Every Georgia Taxpayer Should Understand

Last week, Georgia Governor Nathan Deal signed House Bill 769, expanding a Georgia tax credit that supports rural hospital organizations across Georgia.  We explained the value of the rural hospital tax credit in this 2017 Astute Angle post but the recently expanded tax credit under HB 769 combined with provisions of the Tax Cuts and [...]

Georgia Rural Hospital Tax Credit and Qualified Education Expense Credit Under the New Tax Law

Prior to 2018, the financial benefit for Georgia taxpayers to utilize the Rural Hospital Tax Credit and the Qualified Education Expense Tax Credit accrued only to those who faced alternative minimum tax (AMT).  Georgia taxpayers who were not subject to AMT had the opportunity to direct the application of their state taxes to a specific [...]

Georgia AMT Taxpayers Take Notice – The Rural Hospital Tax Credit

Note that an updated explanation of the tax impact under the 2017 Tax Cuts and Jobs Act exists here. We wrote this article in 2015 about a simple tax credit (the QEE Tax Credit) that provided an opportunity for taxpayers in Georgia who face alternative minimum tax (AMT) to reduce their tax liability by $700.  The [...]

Act Now to Capture this Simple $700 Georgia Tax Credit

The following article was originally published in 2015.  Note that an updated explanation of the tax impact under the new Tax Cuts and Jobs Act exists here. Many of our early-career and mid-career professional clients face the annual reality of alternative minimum tax (AMT), knowingly or unknowingly.  This secondary tax system captures a large segment [...]