Corporate Tax in Augusta, Georgia

Find the right Corporate Tax attorney in Augusta, GA

Corporate Tax Lawyers in Augusta

In Augusta, Georgia, a "corporation" is defined as a legal entity that's separate from its owners. So, from a legal standpoint, the owner of a corporation and the corporation itself are not the same "person."

This concept is referred to as "corporate personhood" in Georgia, and it essentially means that, for many purposes under the law, corporations are treated the same as individual people, being subject to many of the same rights and responsibilities.

An evident example of this concept is a corporation's obligation to pay income taxes similar to how an actual person would.

Corporate Tax Rate in Augusta, Georgia

Every corporation in the United States is required to pay federal income tax. Most states also have a corporate income tax, which corporations doing business in Augusta, Georgia are required to pay.

At the federal level, and in some states, corporations are taxed at different rates from individuals. Federally, the top corporate tax rate is 35% - a rate applying to corporations earning more than .3 million per year. Corporations earning less than ,000 a year pay a 15% corporate tax rate, and there are a few tax brackets in between. For comparison, the federal income tax for individuals maxes out at 33%.

The tax rate in Georgia for corporations probably also differs from the taxes that individuals must pay. In some states, the government has decided that their interests would be best served by making corporate taxes as low as possible. So in many states, the tax rate for corporations is much lower than the one paid by individuals, unlike the federal corporate tax.

Whatever their legal tax rate, all corporations in Augusta, Georgia are required to comply with state and federal income tax laws. Failure to pay income tax can be punished by massive fines, which can sometimes prove financially ruinous.

How Can a Augusta, Georgia Corporate Tax Lawyer Help?

Most larger corporations have lawyers and accountants who ensure that they are in full compliance with both state and federal tax law.

As most business owners know, however, the majority of small Augusta corporations can't afford to have attorneys on staff full time. So, if you run a small corporation, and are confused about the corporate tax issues that may affect you, it's a very good idea to retain the services of an Augusta, Georgia tax attorney immediately.

Talk to a Tax Law Attorney now!

Life in Augusta

Augusta, Georgia is a city consolidated with Richmond County, Georgia. This means that the government of the city and the county are one and the same. As of 2008, the Augusta-Richmond entity has a population of 195,000 people.

Augusta was founded in the colonial era, and was the second established town in what was, at the time, a British colony named Georgia.

Augusta, Georgia has recently seen an economic boom, thanks to a large concentration of businesses in the medical and biotech industries setting up shop there. It is home to the Medical College of Georgia, the state's only public medical school, and also offers a program in dentistry, graduate degrees in nursing, and others. This college attracts students from all over the country, increasing the local consumer base, and provides over 7,000 jobs.

Augusta is also home to Fort Gordon, an U.S. Army base that houses significant elements of the Army Signal Corps, and has about 30,000 occupants.

Needless to say, Augusta, Georgia lawyers need to be well-versed in several areas of law to stay competitive. The sheer diversity of industry and demographics in the area mean that there is almost certainly an Augusta, Georgia lawyer who is right for you.

Clients Rate LegalMatch Attorneys
(click to read reviews)

Joel C.
Joel C.

Tax Law

Davidson, TN

Edwin L.
Edwin L.

Tax Law

Fayette, TN

Tax Defense N.
Tax Defense N.

Tax Law

Ohio, TN