Department of Revenue Automatically Extending 2019 Filing Deadline
The Georgia Department of Revenue is automatically extending the 2019 income tax filing and payment deadline to July 15, 2020. Vehicle registrations that expire between March 16, 2020 and May 14, 2020 are being extended through May 15, 2020.
Limited Liability Companies - FAQ
How is an LLC classified in Georgia?
Each limited liability company and foreign limited liability company is classified as a partnership for Georgia income tax purposes unless classified otherwise for Federal income tax purposes, in which case the limited liability company or foreign limited liability company is classified for Georgia income tax purposes in the same manner as it is classified for Federal income tax purposes. Accordingly, Georgia follows the Federal "Check the Box" classifications.
Does an LLC have to pay net worth tax?
An LLC is only subject to net worth tax if it is treated as a corporation for income tax purposes.