Final IRS regulations confirm the availability of a federal ordinary and necessary business expense deduction and state income tax credit for pass-through entities making advertising or business development payments to a charity (such as an SSO for a designated private school).
- Important Video Message for Georgia Business Owners
- IRS Finalized Regs Confirming Business Deduction for Contributions to Georgia GOAL
- A Peach of a Deal for Pass-Throughs
More information: GOAL Tax Credit FAQ Sheet for Business Entities