More than 7,000 Geogia non-profit organizations are losing their tax-exempt status. The IRS has revoked their ability to collect money tax-free because they haven't filed a new form. Many of the groups are simply defunct. But others might not have heard about the small, postcard-sized form.
A bill on its way to the governor's desk extends a sales tax exemption on airplane parts. But an amendment to the measure also gives tax breaks to developers of malls, amusement parks and resorts. Some economists say that's a waste of taxpayer money.
When the Georgia Council on Tax Reform and Fairness makes it’s recommendations next month, businesses will be likely winners and Consumers will bare a higher tax burden.That’s the signal sent by the council’s president AD Frazier.