United States citizens from Georgia and all other states still have to file a U.S. federal tax return even if they are living in another country. Some new rules are in place for 2015 tax returns, and new technology agreements could help the IRS catch delinquent...
Month: February 2016
IRS reports another online breach to taxpayer data
In early February, the Internal Revenue Service announced that cyber criminals attacked the agency's digital systems to steal the PINs of thousands of Social Security numbers. It is the latest in a series of online attacks that have endangered the personal data of...
CPAs advocate beneficiary rule changes
Georgia residents who have been named as an executor under a will may be able to count on more understandable tax reporting rules if the American Institute of Certified Public Accountants gets its way. In late January, the AICPA mailed individual letters to both the...
Beneficiary designations important in estate planning
Georgia residents who are working on their estate plans should pay careful attention to their beneficiary designations on retirement accounts, life insurance policies and other assets. Often, beneficiary designations are overlooked even when people are otherwise...