No one in Georgia wants to pay more in taxes than they are required. There are many ways to legitimately minimize personal income tax, including through deductions like claiming dependents and business expenses. However, the Internal Revenue Service will carefully...
Month: January 2022
What happens if I missed a year (or more) filling my taxes?
Filing your taxes can seem like an overwhelming task. The forms are confusing, and the math can be challenging. In some cases, it can seem easier to simply not file. Often, it looks like there are no immediate consequences. However, there can be serious consequences...
Understanding your tax penalties
Owing money to the IRS is never easy. Depending on the size of the bill, change in address or other extenuating circumstances, tax penalties and interest can quickly add up. However, penalties do not always stack up the way one might expect, and there are even options...
What factors could lead to an audit by the IRS?
Even if you pay your taxes on time and do your due diligence in the provision of accurate and up-to-date information to the Internal Revenue Service, you could still receive notice of an audit. The IRS conducts audits in certain circumstances, particularly if there is...
Preparing for tax season could help with tax relief
With the tax season just around the corner, many Atlanta residents might rather not think about it. This could be because they still have outstanding balances owed to the IRS that they are struggling to address. Finding tax relief is not always easy, but there are...