Atlanta taxpayers may be interested in some of the possible effects of IRS health care tax credits. In some cases, these credits may seriously affect a person's expected tax refund. Almost 7 million U.S. households are taking advantage of health care tax credits under...
Month: August 2014
Preparing for an IRS audit
For Georgia taxpayers, an IRS audit is often one of their greatest fears, after paying the taxes themselves. There are some tips that can hopefully help reduce the chance of an audit and the problems that come with it. Experts recommend that taxpayers prepare their...
Georgia taxpayers have rights
The Internal Revenue Service recently adopted a new Taxpayer Bill of Rights. The document groups the rights found in the Internal Revenue Code into 10 categories in an effort to make them easier to find and understand. First is the right to be informed, meaning that...
More Georgia residents may qualify for the child tax credit
A bill that passed the House of Representatives with a vote of 237-173 would increase the number of middle class Americans who would be able to take advantage of the child tax credit. However, President Obama has indicated that he will veto the legislation if it...
Judge rules against man trying to recover $16 million in taxes
Georgia residents may be interested in the case of a Mexican man who tried unsuccessfully to recover millions that the IRS had deducted from his gambling winnings. The man struck it big in Las Vegas between 2007 and 2010 playing high-limit slot machines, but a...