by Susan Grissom | Apr 13, 2021 | Corporate
Before you set up a new business, you have to make several legal decisions. These decisions could affect how much tax you pay, how you pay business taxes, the amount of liability you personally face if someone sues your business and several other factors. Creating a...
by Susan Grissom | Apr 6, 2021 | Business, Corporate
The State of Georgia, like other states, requires that businesses registered with the Secretary of State have a Registered Agent associated with the business. When an entity is formed in Georgia, the name and address of the Registered Agent is required information in...
by Susan Grissom | Mar 30, 2021 | Business, Corporate
Each year, Georgia businesses are required to take certain actions to continue to do business legally within Georgia. Here are a few of the actions, annual renewals, etc., you may be required to take: Entity Status Renewal In Georgia, every corporation, limited...
by Susan Grissom | Mar 23, 2021 | Estate Planning
The Internal Revenue Service has a lifetime gift tax exemption. The amount of the exemption is adjusted annually for inflation. For 2020, the exemption was $11.58 million. This means persons who died in 2020 could give away up to $11.58 million in assets without...
by Susan Grissom | Mar 16, 2021 | Probate
In most cases, the personal representative needs to file a final tax return on behalf of the deceased – with the Internal Revenue Service (IRS) and Georgia. If you are the administrator of the deceased’s estate, you should contact a Georgia probate attorney to help...