Finding oneself on the receiving end of a notice from the IRS about unpaid taxes is not a desired position to be in. This type of notice may come as a surprise to some Georgia residents, and others may have anticipated it because of their difficult financial...
Month: February 2021
Tax litigation could address disagreements with the IRS
Some taxpayers may believe that they have a genuine claim for certain deductions on their taxes or that they are appropriately entering information on certain forms. However, the IRS does not always agree with taxpayers on these matters, and it is not uncommon for the...
Could currently not collectible status help your tax issues?
During times of financial struggle, it can feel as if everything is adding up all at once. You may have been trying to get your money matters in order for a while, but now that tax season is here, you anticipate only having another burden added to your current...
How are small businesses defined?
Since the Small Business Administration (SBA) was created by Congress in 1953, determining how small a business should be counted as a small business has been a contentious question. Federal agencies argue that a 500-employee cutoff makes sense. That’s the number...
Is your refund at risk if your spouse has tax debt?
Most married couples in Georgia consider themselves a team. They plan on handling anything that life throws at them together. This is not always easy, and when a person finds out that his or her spouse has financial issues, particularly relating to back taxes, the...