Receiving a notice of audit from the Internal Revenue Service is something that many Georgia residents have worried about at one time or another. The penalties for concealing income or inflating expenses can be severe, but the IRS is generally given only three years...
Georgia residents who called the Internal Revenue Service with questions during the 2015 tax season will likely remember spending long periods on hold or being abruptly disconnected. Only 37 percent of the calls made to the IRS between Jan. 1 and April 18 of that year...
According to the annual report delivered by the National Taxpayer Advocate, the Internal Revenue Service's plans to go high-tech could reduce taxpayer rights and increase filing costs in Georgia and nationwide. The federal tax agency has spent millions of dollars to...
Many Georgia residents are concerned that long term health care costs uncovered by Medicare or Medicaid will eat up their inheritances and leave them little or nothing to pass on to their loved ones. To avoid this situation, it is not uncommon for older individuals or...
An increase in the estate tax exemption for 2016 that takes individual estates valued at $5.45 million or less out of danger of being subject to federal estate taxes has now shifted taxpayer concern in Georgia and throughout the country from estate tax liabilities to...
