Garrison Tax

03/19/2026

Sweepstakes #2: Georgia families with babies born between July 1 and December 31, 2025, have until March 31, 2026, to enter.
Visit www.Path2College529.com/newborn for official rules and prize details. No purchase necessary, void where prohibited by law. The Newborn Sweepstakes is sponsored by the Path2College 529 Plan. For more information about the Path2College Plan or to open an account, please visit www.Path2College529.com or call (877) 424-4377.

The Path2College 529 Plan is a great way to save for college. Pay for tuition, supplies, room & board. Offers low fee investments plus state & federal tax benefits.

02/21/2026

Get into a raffle to win an island paradise!

02/21/2026

Check out this website for a lot of incredible giveaways

07/08/2024

https://www.irs.gov/newsroom/irs-warns-taxpayers-of-new-filing-season-scams-involving-form-w-2-wages-those-filing-fake-returns-face-potential-penalties-investigation

IR-2023-38, March 3, 2023 — The Internal Revenue Service issued a consumer alert today to warn taxpayers of new scams that urge people to use wage information on a tax return to claim false credits in hopes of getting a big refund.

02/14/2024

Responsible Officer (RO) of a Participating Foreign
Financial Institution (FFI) or Reporting Model 2 FFI will soon have to certify their financial institutions’ compliance

12/15/2023

IRS Releases 2024 Standard Mileage Rates

The IRS has released the 2024 optional standard mileage rates used in calculating the deductible costs of operating a vehicle for business, charitable, medical or moving purposes. The rates apply to electric and hybrid-electric vehicles as well as vehicles powered by gasoline and diesel fuel. Beginning Jan. 1, 2024, the standard rate for the use of a car, van, pickup truck or panel truck will be:

67 cents per mile driven for business use, up 1.5 cents from 2023
21 cents per mile driven for medical purposes or for moves by qualified active-duty members of the armed forces, a decrease of 1 cent
from 2023
14 cents per mile driven in service of charitable organizations, the rate is set by statute and unchanged from 2023

11/15/2023

Garrison Tax
2023 Holiday Schedule

Thanksgiving
We will be in the office November 20th and 21st 9am-2pm
Office closed November 22nd through the 24th for Thanksgiving.

Christmas
We will be in the office December 18th through 21st. 9am-2pm
Office closed December22nd through 29th.

New Years
Office closed January 1st and 2nd.
Office opens again January 3rd 9am-3pm

11/01/2023

The Financial Crimes Enforcement Network (FinCen) Red Alert
Alert: FinCEN has been notified of recent fraudulent attempts to solicit information from individuals and entities who may be subject to reporting requirements under the Corporate Transparency Act. The fraudulent correspondence may be titled "Important Compliance Notice" and asks the recipient to click on a URL or to scan a QR code. Those e-mails or letters are fraudulent. FinCEN does not send unsolicited requests. Please do not respond to these fraudulent messages, or click on any links or scan any QR codes within them.

06/25/2023

It's not what you just did that's important it is what you chose to do next.

06/07/2023

IRS grants penalty relief for corporations that did not pay estimated tax related to the new corporate alternative minimum tax

WASHINGTON — The Department of Treasury and the Internal Revenue Service today issued Notice 2023-42, which will grant penalty relief for corporations that did not pay estimated tax in connection with the new corporate alternative minimum tax (CAMT).

The Inflation Reduction Act created the CAMT, which imposes a 15% minimum tax on the adjusted financial statement income of large corporations for taxable years beginning after Dec. 31, 2022. CAMT generally applies to large corporations with average annual adjusted financial statement income exceeding $1 billion.

Considering the challenges associated with determining the amount of a corporation’s CAMT liability and whether a corporation is an applicable corporation subject to the CAMT, the IRS will waive the penalty for a corporation’s failure to pay estimated income tax with respect to its CAMT for a taxable year that begins after Dec. 31, 2022, and before Jan. 1, 2024.