Having problems with one’s taxes is never a comfortable position to be in. Many Atlanta residents may struggle to pay their outstanding tax balances and may only be accruing more penalties for not paying. If this is happening, some taxpayers may be able to find some...
Year: 2020
What factors would cause the IRS to remove a levy?
Facing troubles with the Internal Revenue Service is no one’s idea of a good time. You may have been unable to meet your tax obligations for any number of reasons, and while you may have intended to handle the matter before it became too serious, your situation has...
An audit could result from filing mistakes
For many Atlanta residents, the last thing they want during tax season is to receive any kind of notice from the IRS. Often, notices from the agency relate to issues with tax returns and a possible audit, which can be stressful for any taxpayer to receive....
Have unfiled tax returns? You could still get a refund
Some people may not have filed their taxes for multiple years. The reasons behind their not filing can differ from person to person, but the longer a return goes unfiled, the more serious the issue could become. As a result, even if you are behind on your tax returns,...
Can the IRS send me a bill 4 years after I filed my taxes?
Getting taxes filed on time can be stressful. The frustration that comes with filing taxes can be even worse if the Internal Revenue Service (IRS) claims that you need to pay a fine because you failed to meet a deadline. There are a number of potential problems the...
Tax enforcement and the IRS levy
Financial stress can cause many Atlanta residents to feel as if their life is out of control. They may worry about being able to afford their necessities, make ends meet and generally live their lives as desired. Unfortunately, this stress may only become worse if a...
Feds accuse two billionaires of hiding assets in foreign accounts
What happens when you take billions in assets and attempt to hide them for the Internal Revenue Service (IRS) using foreign accounts? You get a series of cases that catch media attention and serve as a warning for taxpayers throughout the country. The first case...
3 ways a tax lawyer can help during an audit.
Getting a notification from the Internal Revenue Service (IRS) of an impending tax audit is stressful. The language the IRS uses in the notification may be confusing and the full implication of the audit may seem unclear. What will happen? Could the audit lead to a...
How can I get relief from tax debt?
Those who find themselves owing Uncle Sam more than they can afford to immediately pay off have options. It is important to consider these options and act to manage these bills. Taxpayers who ignore tax debt can find themselves facing penalty fees and additional...
An offer in compromise could help settle tax debt
Staying on top of finances is not always easy, especially if an unexpected financial burden hits. For some Atlanta residents, this burden could come in the form of owing a considerable amount of taxes to the Internal Revenue Service. This scenario can feel like a...