﻿Georgia Specific Deductions/Credits

Georgia Specific Deductions/Credits

12/8/2017

If you are a Georgia resident you may be interested in the popular GA GOAL or GA 529 tax benefits. The GA GOAL scholarship program allows taxpayers up to a $2,500 credit for contributions to the program. The Path2College Georgia 529 Plan allows a deduction of up to $2,000 ($4,000 for joint filers) per year, per beneficiary. See the links below for more details.

http://www.goalscholarship.org/
https://www.path2college529.com/

Georgia taxpayers getting close to age 62 may be pleasantly surprised to find out that their state income tax liability can be significantly reduced in retirement. The Georgia Retirement Income Exclusion applies to many forms of retirement income and reduces total Georgia liability to $0 for many retirees.

https://dor.georgia.gov/retirement-income-exclusion

This is general information and a brief summarization of complicated tax issues which are often subject to many exclusions and limitations. We make every effort to verify the accuracy of all information but we do not guarantee or warranty advice disseminated over the internet. Please give us a call to discuss potential strategies and ensure they make sense for your specific situation.

Tradygo link

1/27/2017 01:10:04 pm

Trade finance is the method importers and exporters of commodities and goods use to finance their business. Basically, trade finance has been in existence for many thousands of years - and one can trace the roots of trade finance and structured trade finance right back to the early days of China and the silk route, Mesopotamia and Europe.

Milton barbarosh link

4/21/2017 04:29:38 am

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