Georgia Tax Changes - October 2024
Week Of 10.07.2024
Georgia Tax Relief for Hurricane Helene:
1. Dyed Diesel Fuel Penalty Waiver:
- Effective Period: Until 11:59 p.m. on October 31, 2024.
- Penalty Waiver: The Georgia Department of Revenue is waiving state penalties for selling, delivering, or consuming dyed fuel oil in on-road vehicles or for highway use.
2. IRP and IFTA Requirements Waived:
- Effective Period: Until October 9, 2024, at 11:59 p.m.
- Requirement Waiver: The Georgia Department of Revenue is waiving the requirements for motor carriers and individual truck drivers providing direct relief efforts to comply with the International Registration Plan (IRP) and International Fuel Tax Agreement (IFTA) trip and fuel permits.
- Extension Possible: The deadline may be extended if the state of emergency is extended by Governor Brian P. Kemp.
- Exemption Doesn't Apply: The waiver does not apply to motor carriers or drivers that are currently subject to state or federal out-of-service orders.
Georgia Tax Relief for Hurricane Helene:
- IRP and IFTA Requirements Waived: The Georgia Department of Revenue is waiving the requirements for motor carriers and individual truck drivers providing direct relief efforts to comply with the International Registration Plan (IRP) and International Fuel Tax Agreement (IFTA) trip and fuel permits.
- Exemption Period: The waiver is effective until October 9, 2024, at 11:59 p.m.
- Extension Possible: The deadline may be extended if the state of emergency is extended by Governor Brian P. Kemp.
- Exemption Doesn't Apply: The waiver does not apply to motor carriers or drivers that are currently subject to state or federal out-of-service orders.
The Georgia Department of Revenue is providing tax relief to individuals and businesses affected by Hurricane Helene.
The department is extending certain tax filing and payment deadlines to May 1, 2025.
Here's what's included in the tax relief:
- Income Tax: The April 15, 2025, deadline for filing 2024 income tax returns is extended to May 1, 2025. This also applies to calendar year corporations whose 2023 extensions run out on October 15, 2024.
- Estimated Income Tax Payments: The January 15, 2025, and April 15, 2025, deadlines for quarterly estimated income tax payments are extended to May 1, 2025.
- Payroll Tax Returns: The October 31, 2024, January 31, 2025, and April 30, 2025, deadlines for quarterly payroll tax returns are extended to May 1, 2025.
- Sales and Excise Taxes: The October 2024 deadlines for quarterly and monthly sales and use tax, excise tax, and other miscellaneous tax returns and payments are extended to November 20, 2024.
The tax relief also applies to relief workers affiliated with a recognized government or philanthropic organization assisting in relief activities in the covered disaster area.
Here's what's NOT included in the tax relief:
- Information Returns: W-2 and 1099 series, Form 1042-S, employment and excise tax deposits.
- International Fuel Tax Agreement Interest: Scheduled payments resulting from an Installment Payment Agreement.
The sales and excise tax relief applies to businesses located in the following counties:
- Appling, Atkinson, Bacon, Ben Hill, Berrien, Brooks, Bulloch, Burke, Candler, Chatham, Clinch, Coffee, Colquitt, Columbia, Cook, Echols, Emanuel, Evans, Glascock, Irwin, Jeff Davis, Jefferson, Jenkins, Johnson, Lanier, Laurens, Liberty, Lincoln, Lowndes, McDuffie, Montgomery, Pierce, Richmond, Screven, Tattnall, Telfair, Toombs, Treutlen, Ware, Washington, and Wheeler.
Additional counties may be added if they receive a FEMA disaster declaration.
Procedure:
- Affected taxpayers filing paper returns should write "Hurricane Helene" across the top of any forms submitted to the Department.
- Any taxpayer, whether filing paper or electronic returns, who is assessed a penalty and believes they did not receive due consideration regarding the relief, needs assistance, or has questions should contact DOR Headquarters at 1 (877) 423-6711.
Week Of 09.30.2024
Georgia Suspends Collection of Fuel Taxes
Governor Brian Kemp of Georgia has suspended the collection of motor fuel and diesel taxes from October 3, 2024, to October 9, 2024, due to Hurricane Helene. This suspension is intended to help communities in Central Georgia that rely on fuel-powered generators. The suspension will reduce gas prices by approximately 32 cents per gallon.
Week Of 10.07.2024
Georgia Fuels & Minerals Taxes—Georgia waives penalty for use of dyed diesel during Hurricane Helen emergency.
To carry out the Governor’s Executive Order 09.24.24.01 declaring a state of emergency due to Hurricane Helene, the Department of Revenue is temporarily waiving any state penalties incurred for selling or delivering any dyed fuel oil and for consumption of dyed fuel oil that is consumed in on-road vehicles or for a highway use under Ga. Code Ann. § 48-9-16(e). The waiver terminates on 11:59 p.m. on October 31, 2024. (MFT-2024-01, Temporary Waiver of State Dyed Fuel Penalties, 10/01/2024.)
Georgia Fuels & Minerals Taxes—Georgia waives IRP and IFTA requirements for Hurricane Helene relief efforts.
The Georgia Department of Revenue is waiving the requirements for motor carriers and individual truck drivers providing direct relief efforts to comply with the requirements associated with Georgia's International Registration Plan (IRP) and the International Fuel Tax Agreement (IFTA) trip and fuel permits. The waiver does not apply to motor carriers or drivers that are currently subject to state or federal out-of-service orders. The waiver terminates on October 9, 2024, at 11:59 p.m. The deadline is subject to extension if the existing state of emergency is extended by Governor Brian P. Kemp. (Policy Bulletin MVD-2024-02, Waiver from IRP and IFTA, 10/02/2024.)
Georgia Cigarette, Alcohol & Miscellaneous Taxes—Georgia waives IRP and IFTA requirements for Hurricane Helene relief efforts.
The Georgia Department of Revenue is waiving the requirements for motor carriers and individual truck drivers providing direct relief efforts to comply with the requirements associated with Georgia's International Registration Plan (IRP) and the International Fuel Tax Agreement (IFTA) trip and fuel permits. The waiver does not apply to motor carriers or drivers that are currently subject to state or federal out-of-service orders. The waiver terminates on October 9, 2024, at 11:59 p.m. The deadline is subject to extension if the existing state of emergency is extended by Governor Brian P. Kemp. (Policy Bulletin MVD-2024-02, Waiver from IRP and IFTA, 10/02/2024.)
Georgia Provides Tax Relief for Victims of Hurricane Helene
The Georgia Department of Revenue is extending to May 1, 2025, certain return and payment deadlines for taxpayers affected by Hurricane Helene. (Hurricane Helen Tax Relief, Ga. Dept. of Rev., 10/03/2024.)
Extensions granted. The May 1, 2025, extension date applies to individuals and businesses with a 2024 income tax return normally due during March or April 2025; calendar year corporations whose 2023 extensions run out on October 15, 2024; quarterly estimated income tax payments due on January 15 and April 15, 2025; and quarterly payroll tax returns normally due on October 31, 2024, January 31, 2025, and April 30, 2025.
Affected taxpayers who had a valid extension until October 15, 2024, to file their 2023 income tax return will now have until May 1, 2025, to file their return. Because income tax payments related to these 2023 returns were due on April 15, 2024, however, those payments are not eligible for the relief.
Taxpayers affected by Hurricane Debby who had certain income tax returns and payments postponed until Feb. 3, 2025, will receive the income tax extension to May 1, 2025, for those returns and payments.
Taxpayers not covered. The extended deadlines for filing and payments do not apply to information returns in the W-2 and 1099 series; or to Forms 1042-S; or to employment and excise tax deposits. However, penalties on deposits due on or after Sept. 24, 2024, and before October 9, 2024, will be abated as long as the tax deposits are made by October 9, 2024. It also does not apply to International Fuel Tax Agreement interest or scheduled payments which are the result of a taxpayer entering into an Installment Payment Agreement since those liabilities were due prior to the disaster relief.
Sales and excise taxes. The Department is also extending limited relief for sales and use tax, excise tax, and other miscellaneous taxes. The relief includes quarterly and monthly returns and payments originally due in the month of October 2024 (e.g., September 2024 sales and use tax returns due October 21, 2024). These returns and payments are now due on Wednesday, November 20, 2024.
The sales and excise tax relief applies for businesses whose principal place of business is located in the following counties under FEMA’s Disaster Declaration or taxpayers not in the covered disaster area, but whose records necessary to meet a covered deadline are in the covered areas: Appling, Atkinson, Bacon, Ben Hill, Berrien, Brooks, Bulloch, Burke, Candler, Chatham, Clinch, Coffee, Colquitt, Columbia, Cook, Echols, Emanuel, Evans, Glascock, Irwin, Jeff Davis, Jefferson, Jenkins, Johnson, Lanier, Laurens, Liberty, Lincoln, Lowndes, McDuffie, Montgomery, Pierce, Richmond, Screven, Tattnall, Telfair, Toombs, Treutlen, Ware, Washington, and Wheeler. If additional counties receive a FEMA disaster declaration, then businesses in that county will also receive the tax relief.
The relief also applies to relief workers affiliated with a recognized government or philanthropic organization assisting in relief activities in the covered disaster area.
Procedure. Affected taxpayers filing paper returns should write "Hurricane Helene" across the top of any forms submitted to the Department. Any taxpayer, whether filing paper or electronic returns, who is assessed a penalty and believes they did not receive due consideration regarding the relief, needs assistance, or has questions should contact DOR Headquarters at 1 (877) 423-6711.
Week Of 09.30.2024
Georgia Suspends Collection of Fuel Taxes
Georgia Governor Brian P. Kemp has issued and executive order declaring a state of emergency due to Hurricane Helene and suspending the collection of the state excise tax on motor fuels effective October 3, 2024 through October 9, 2024. (Executive Order 10.01.24.02, 10/01/2024.)
Taxes suspended. The executive order suspends the collection of motor fuel and diesel taxes under Ga. Code Ann. § 48-9-3. No distributor of motor fuel or diesel will be found in violation of Ga. Code Ann. § 48-9-17 for complying with the terms of the executive order.
Effective date. The suspension order is effective from October 3, 2024 until October 9, 2024, the expiration of the state of emergency for Hurricane Helene.
Week Of 10.07.2024
Georgia Fuels & Minerals Taxes—Georgia waives penalty for use of dyed diesel during Hurricane Helen emergency.
To carry out the Governor’s Executive Order 09.24.24.01 declaring a state of emergency due to Hurricane Helene, the Department of Revenue is temporarily waiving any state penalties incurred for selling or delivering any dyed fuel oil and for consumption of dyed fuel oil that is consumed in on-road vehicles or for a highway use under Ga. Code Ann. § 48-9-16(e). The waiver terminates on 11:59 p.m. on October 31, 2024. (MFT-2024-01, Temporary Waiver of State Dyed Fuel Penalties, 10/01/2024.)
Georgia Fuels & Minerals Taxes—Georgia waives IRP and IFTA requirements for Hurricane Helene relief efforts.
The Georgia Department of Revenue is waiving the requirements for motor carriers and individual truck drivers providing direct relief efforts to comply with the requirements associated with Georgia's International Registration Plan (IRP) and the International Fuel Tax Agreement (IFTA) trip and fuel permits. The waiver does not apply to motor carriers or drivers that are currently subject to state or federal out-of-service orders. The waiver terminates on October 9, 2024, at 11:59 p.m. The deadline is subject to extension if the existing state of emergency is extended by Governor Brian P. Kemp. (Policy Bulletin MVD-2024-02, Waiver from IRP and IFTA, 10/02/2024.)
Georgia Cigarette, Alcohol & Miscellaneous Taxes—Georgia waives IRP and IFTA requirements for Hurricane Helene relief efforts.
The Georgia Department of Revenue is waiving the requirements for motor carriers and individual truck drivers providing direct relief efforts to comply with the requirements associated with Georgia's International Registration Plan (IRP) and the International Fuel Tax Agreement (IFTA) trip and fuel permits. The waiver does not apply to motor carriers or drivers that are currently subject to state or federal out-of-service orders. The waiver terminates on October 9, 2024, at 11:59 p.m. The deadline is subject to extension if the existing state of emergency is extended by Governor Brian P. Kemp. (Policy Bulletin MVD-2024-02, Waiver from IRP and IFTA, 10/02/2024.)
Georgia Provides Tax Relief for Victims of Hurricane Helene
The Georgia Department of Revenue is extending to May 1, 2025, certain return and payment deadlines for taxpayers affected by Hurricane Helene. (Hurricane Helen Tax Relief, Ga. Dept. of Rev., 10/03/2024.)
Extensions granted. The May 1, 2025, extension date applies to individuals and businesses with a 2024 income tax return normally due during March or April 2025; calendar year corporations whose 2023 extensions run out on October 15, 2024; quarterly estimated income tax payments due on January 15 and April 15, 2025; and quarterly payroll tax returns normally due on October 31, 2024, January 31, 2025, and April 30, 2025.
Affected taxpayers who had a valid extension until October 15, 2024, to file their 2023 income tax return will now have until May 1, 2025, to file their return. Because income tax payments related to these 2023 returns were due on April 15, 2024, however, those payments are not eligible for the relief.
Taxpayers affected by Hurricane Debby who had certain income tax returns and payments postponed until Feb. 3, 2025, will receive the income tax extension to May 1, 2025, for those returns and payments.
Taxpayers not covered. The extended deadlines for filing and payments do not apply to information returns in the W-2 and 1099 series; or to Forms 1042-S; or to employment and excise tax deposits. However, penalties on deposits due on or after Sept. 24, 2024, and before October 9, 2024, will be abated as long as the tax deposits are made by October 9, 2024. It also does not apply to International Fuel Tax Agreement interest or scheduled payments which are the result of a taxpayer entering into an Installment Payment Agreement since those liabilities were due prior to the disaster relief.
Sales and excise taxes. The Department is also extending limited relief for sales and use tax, excise tax, and other miscellaneous taxes. The relief includes quarterly and monthly returns and payments originally due in the month of October 2024 (e.g., September 2024 sales and use tax returns due October 21, 2024). These returns and payments are now due on Wednesday, November 20, 2024.
The sales and excise tax relief applies for businesses whose principal place of business is located in the following counties under FEMA’s Disaster Declaration or taxpayers not in the covered disaster area, but whose records necessary to meet a covered deadline are in the covered areas: Appling, Atkinson, Bacon, Ben Hill, Berrien, Brooks, Bulloch, Burke, Candler, Chatham, Clinch, Coffee, Colquitt, Columbia, Cook, Echols, Emanuel, Evans, Glascock, Irwin, Jeff Davis, Jefferson, Jenkins, Johnson, Lanier, Laurens, Liberty, Lincoln, Lowndes, McDuffie, Montgomery, Pierce, Richmond, Screven, Tattnall, Telfair, Toombs, Treutlen, Ware, Washington, and Wheeler. If additional counties receive a FEMA disaster declaration, then businesses in that county will also receive the tax relief.
The relief also applies to relief workers affiliated with a recognized government or philanthropic organization assisting in relief activities in the covered disaster area.
Procedure. Affected taxpayers filing paper returns should write "Hurricane Helene" across the top of any forms submitted to the Department. Any taxpayer, whether filing paper or electronic returns, who is assessed a penalty and believes they did not receive due consideration regarding the relief, needs assistance, or has questions should contact DOR Headquarters at 1 (877) 423-6711.
Week Of 09.30.2024
Georgia Suspends Collection of Fuel Taxes
Georgia Governor Brian P. Kemp has issued and executive order declaring a state of emergency due to Hurricane Helene and suspending the collection of the state excise tax on motor fuels effective October 3, 2024 through October 9, 2024. (Executive Order 10.01.24.02, 10/01/2024.)
Taxes suspended. The executive order suspends the collection of motor fuel and diesel taxes under Ga. Code Ann. § 48-9-3. No distributor of motor fuel or diesel will be found in violation of Ga. Code Ann. § 48-9-17 for complying with the terms of the executive order.
Effective date. The suspension order is effective from October 3, 2024 until October 9, 2024, the expiration of the state of emergency for Hurricane Helene.