Frazier Deeter CPAs and Advisors


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Suite 1500

Atlanta, GA 30309

main 404.253.7500


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Suite 375

Alpharetta, GA 30005

main 404.573.4200


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Nashville, TN 37219

main 615.259.7600


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Georgia Tax Credits

Georgia Income Tax Credits – Are they in your wallet?

09.15.2014 The State of Georgia provides over 30 income tax credits for a broad variety of business activities.  Income tax credits have many nuances and generally target specific regions, industries, and business activities. 

State policy makers enact tax credits as an incentive for economic stability and growth.  Georgia’s initial tax credits were enacted in the early 1990s, and almost every year since inception the credit laws have been enhanced, modified or revised.  What began as a job creation tax credit for the 40 lesser developed counties of the state has grown into over 30 cash saving tax credits that are quite often overlooked by businesses.

Is your company taking full advantage of tax credits for which you are eligible?  If you’re not sure, consider some of the activities that may trigger Georgia Income tax credits:

  • Job creation

  • Capital investment

  • Research and development expenses

  • Employer provided training

  • Employer provided childcare

  • Employer provided transportation

  • Utilizing the Georgia Ports

  • Purchasing low or zero emissions vehicle

  • Installation of electric vehicle charger

  • Qualifying film or entertainment production expenses

  • Installation of clean energy property

  • Donation of real property that qualifies as conservation land

  • Qualified educational expenses

  • Employer qualified health insurance expenses

  • Qualified “Angel” investor

Georgia is considered “business friendly.” This simply means the state provides options - in some circumstances - for utilizing tax credits.  In most cases the credits are used to offset the income tax liability, but some credit policies allow for the credit to offset Georgia employer’s withholding tax.  There are also some tax credits that may be sold or transferred to another Georgia taxpayer.  As mentioned above, there are a number of nuances to the Georgia tax credits and it may benefit you to seek assistance from a professional with experience in this area.

We assist companies with the identification, quantification and tax planning for the utilization of Georgia tax credits.  If you would like to consult with one of our State and Local tax experts please contact John Corn at 404.253.7444.


Georgia tax credits



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Frazier & Deeter, a Top 100 Largest CPA Firm in the United States, has accountants and business advisors who offer a full range of assurance and advisory services in the areas of audit, tax and management consulting and personal tax planning and compliance. As a leading accounting firm, we serve clients across the nation and internationally that include closely-held companies, SEC companies, and nonprofit entities. Headquartered in Atlanta, Georgia, we have been recognized as the 56th largest accounting firm in the nation, as one of the Top 25 Best Managed CPA firms in the country, and one of the Best Accounting Firms to Work for in the U.S.
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