Georgia investors who are involved in solar energy development can benefit from a guidance published by the Internal Revenue Service. It said that developers who invest at least 5 percent of the complete cost of a utility-level solar project can receive a 30 percent...
Month: June 2018
Are you eligible for IRS “Currently Not Collectible” status?
Let us say that you are a sole proprietor with a fledgling business. While you filed your tax return this year, you could not send payment to the Internal Revenue Service. You then received a bill for the amount owed, plus interest and penalties, and you do not know...
Potential benefits of legal representation during a tax audit
When Georgia residents or businesses receive a notice from the Internal Revenue Service or other tax agency, they likely reach out to their accountants for advice and help. Representation from an attorney could also be beneficial, especially in situations that involve...
New tax laws confusing taxpayers
Many Georgia residents are trying to figure out how the new tax laws will impact their future returns. Many believe that it will be easier to file their taxes going forward. While there will be fewer people who itemize, those who continue to do so will likely find...
Tips for avoiding IRS tax scams
The IRS has told people to be on alert for tax scams during the summer months. While the IRS does contact taxpayers in Georgia and around the country after the April federal tax filing deadline, they will do so by mail. Conversely, a scammer may leave a message on a...