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Filing of tax in the state of Georgia was made easy through the use of the internet. Georgia tax forms can be downloaded from the revenue site of Georgia. The Georgia Department of Revenue offers several online services; included in this online service is the electronic tax filing called "e-File & e-Pay". The online filing system offers services like business renewals, business services and individual services. Under the business renewals, applications for alcohol, amusement and IFTA licenses can be processed. The business services section provides applications for withholding tax returns and payments, Forms G-1003, W-2 and 1099, sales and use tax returns and payments, motor fuel sales tax, liabilities on assessment notices payments, payments for corporate income and estimated tax and IFTA decal orders. Individual services provide payment services for individual income and estimated tax, Forms G-1003, W-2 and 1099, and refunds.
The e-File & e-Pay offers flexible options for filing taxes. However, the online filing system is limited only for business users. For business users, State Tax Id number is required for log-in. The State Tax Id number serves as the passkey for future transactions within Georgia tax filing systems. A legitimate administrative officer of the business, in the case of a business user, must complete a profile for first-time users and the contained information will be used in the future for other revenue transactions. The e-File & e-Pay online filing and payment system uses up-to-date technology to ensure the security of payment and personal information disclosed by the user. The identification system of the online application is designed to assure the users that they can access their own accounts. Business tax returns can be filed through the system for free with definitely no hidden charges.
Starting on July 1, 2006, all business tax returns must be filed electronically. Moreover, all businesses submitting Sales Tax returns or Withholding returns whose due of tax amount is over $5,000 should submit applications electronically. Effective on January 1, 2010, the threshold amount will decrease from $5,000 dollars to $1,000 and in the succeeding year the threshold amount will be decreased to $500. All taxpayer that will not be able to submit their filing applications electronically should write to Georgia Department of Revenue about the said matter or else a 5% penalty will be penalized plus loss of Vendor's Compensation. The main goal of automating tax filing and payment is to provide a more reliable and efficient system. |