Nichols, Cauley & Associates, LLC (Nichols Cauley) is proud to announce three firms have integrated their practices into Nichols, Cauley & Associates, LLC. Hartzog & Swordsma, LLC of Tyrone, GA and Smith Conley & Associates, PC of Fayetteville, GA will serve clients from our new Fayetteville office location. The Morehouse Group of Dalton, GA will…
Read Moreby David Conley, Partner There have always been a number of things you can do to get on the IRS’ bad side. This article from Forbes is a great checklist of things you should never, ever, do when dealing with an IRS audit. Published by Tax Attorney Robert Wood in Forbes Magazine Todd Christy and…
Read MoreDeduction rates change for 2020! It’s easy to forget about the business use of your personal car. Here’s how to calculate this deduction for all your business miles. Beginning January 1, 2020: 57.5 cents/mile (business miles driven) 17 cents/mile driven (medical or moving purposes) 14 cents/mile driven (in service to charitable organizations) And just for reference,…
Read MoreHighlights of spending package’s tax law changes The federal government spending package titled the Further Consolidated Appropriations Act, 2020, does more than just fund the government. It extends certain income tax provisions that had already expired or that were due to expire at the end of 2019. The agreement on the spending package also includes…
Read MoreA year after the General Assembly approved two of the most significant tax bills this decade, lawmakers slowed the pace of tax-break legislation in 2019 after a string of sessions in which they seemed to never see a measure they didn’t like. That slowdown could be in part because 2019 was a non-election year, and…
Read MoreU.S. Senators David Perdue (R-GA) and Catherine Cortez Masto (D-NV) are taking action to provide relief for Americans impacted by state-declared disasters and states of emergency. In the midst of a hurricane or forest fire, taxes are far from Americans’ minds as they seek safety and shelter. The current, bureaucratic process of securing a tax…
Read MoreCongratulations to the recipients of our 2019 Farrell Nichols Memorial Scholarships at Georgia Southern University,… Posted by Nichols, Cauley & Associates, LLC on Thursday, April 25, 2019
Read MoreA new, 10 percent middle-income tax cut is conditionally expected to be advanced in 2019, according to the House’s top tax writer. This timeline, although largely already expected on Capitol Hill, departs sharply from President Donald Trump’s original prediction that the measure would surface by November.
Read MoreThe Senate Finance Committee’s (SFC) top ranking Democrat has introduced a bill to restore a retirement savings program known as myRA that was terminated by Treasury last year. The myRA program was created by former President Obama through an Executive Order.
Read MoreCongressional Republicans are looking to move forward with certain legislative tax efforts during Congress’s lame-duck session. The House’s top tax writer, who will hand the reins to Democrats next year, has reportedly outlined several tax measures that will be a priority when lawmakers return to Washington, D.C., during the week of November 12. However, President…
Read MoreTax-Related Portion of the Substance Use–Disorder Prevention that Promotes Opioid Recovery and Treatment (SUPPORT) for Patients and Communities Act, Enrolled, as Signed by the President on October 24, 2018, P.L. 115-271
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