New Job Tax Credit Tier Rankings
-------------------------------------------------------------------------
The 2011 Job Tax Credit tier rankings have been published by the Department of Community Affairs / DCA (click here ).
If your client's tier ranking or less developed census tract listing changed for the worse, make sure you submit the Notice Of Intent no later than February 15, 2011 (click here).
Going forward, remember to advise your clients who are adding jobs to be aware of the threshold levels so they add at least the minimum number of jobs to qualify for the credit.
|
Small Things Can Add Up for Retraining Tax Credits
-------------------------------------------------------------------------
We are seeing many clients doing small things with employee retraining, such as upgrading their software, adding modules, or modifying their existing software. Examples include bar coding added to warehouse software, document imaging added for paperless contracts, and electronic prescriptions (ePrescribe) added to patient management systems. As your clients come out of the recession, look out for those small changes that can add up to sizable tax credits.
|
Quick Update -- Legislation
-------------------------------------------------------------------------
The Special Council on Tax Reform and Fairness for Georgians Final Report has been released(click here). The legislators now take it to the next step with the "Special Joint Committee on Georgia Revenue Structure." This 12-member joint committee will consider legislation for the 2011 session. Stay tuned!
|
About Us
-------------------------------------------------------------------------
Alpharesults has assembled a team with the specialized knowledge and approach required to obtain Georgia income tax credits. We are not a public accounting firm. Rather, our services complement those of public accounting firms and do not create conflicted loyalties, because our professionals do not perform attestation work or other external audit functions.
We focus on small to medium-sized businesses and work exclusively in Georgia with a wide variety of in-state and out-of-state accounting firms. For more information on our services, follow this link.
|
