Public education tax credit offered in Georgia
A new tax credit for donations to public education will be available beginning in January for Georgia taxpayers, but the credit is limited so it’s best to act soon. Beginning Jan. 1, 2018, and running through Dec. 31, 2020, the state of Georgia is offering a nonrefundable Georgia income tax credit for donations specifically to […]
Tenika Kendrick: ‘I like to make people smile’
She always has a ready smile and an infectious laugh, but there’s more to Tenika Kendrick than what meets the eye. Tenika has been with Antares Group, for just over a year, but has already made her mark as a valuable and enthusiastic member of the Admin Team. Her 11 years’ administrative experience is evident […]
It’s time for business owners to begin year-end planning
The end of the year is fast approaching and we want to provide some strategies for minimizing your corporate tax bill this year. Businesses should consider making expenditures that qualify for the business property expensing option. For tax years beginning in 2017, the expensing limit is $510,000 and the investment ceiling limit is $2.03 million. […]
A snapshot of the Tax Cuts and Jobs Act
Congress released this week the Tax Cuts and Jobs Act, and we wanted to give you a snapshot of some of the provisions included that could have an impact on you and your business. As the bill moves through the legislative process, many of these details will likely change, but we want you to know […]
From hospitals to movies, Ga. offers some unique tax credits
The state of Georgia is offering a couple unique opportunities to receive tax credits and at the same time do something positive for the local economy. Georgia Heart Hospital Program The first is the Georgia Heart Hospital Program, which is expected to continue at least through Dec. 31, 2019. Through this program, Georgia taxpayers can […]
Protect your family with one last password
Caring for an aging or ill family member or loved one is difficult work, but it can be even more challenging when needing to access their financial and medical information. With one last password, accessing critical information is much easier – and safer. As we all know, more and more of our daily business – both […]
It’s back: Ransomware continues to plague networks
A new ransomware attack has hit many targets in Europe and Russia, and could soon make its way to the United States. The attack is a customized version of the WannaCry virus that hit a few months ago where hundreds of thousands of users were locked down and the data held ransom until the victim […]
Sparkmon & Associates donates care items to Ronald McDonald House
Sparkmon & Associates, CPAs, presented to members of the Atlanta Ronald McDonald House Charities Board of Directors this week donations of personal hygiene items, personal care items, snacks and other household goods for families staying at the Ronald McDonald House in Atlanta. Sparkmon & Associates, CPAs, has a long tradition of supporting the Ronald McDonald […]
Let the sun shine in on this tax credit
If you are considering upgrades to your home, you may want to consider installing renewable energy systems. They are not only more efficient, which will help you save on energy bills, but they could be worth a significant tax credit as well. The federal government is offering a 30-percent personal income tax credit – called […]
More charities accepting donations of vehicles
You’ve bought a new car, but you’re not quite sure what to do with your old one. The trade-in offered by the dealer doesn’t reflect the vehicle’s true value and you don’t want to deal with the cost and risk of selling the car privately. But there’s an alternative that will not only ensure the […]