This year's looming tax deadline is slowly approaching. Despite the extra couple of days provided this year, many people, particularly small business owners, will struggle to get all of their receipts and paperwork together to file on time. Some will just not file at...
Bomar Law Firm, LLC
Top 10 states for IRS tax audits
Georgia residents may be happy to know that they do not live in one of the top 10 states for federal tax audits. According to a study by TaxAudit.com, taxpayers who live in Vermont are more likely to be audited by the Internal Revenue Service than people in other...
IRS urged to return wrongly seized money to citizens
Georgia residents may have heard about lawmakers who sent a letter to the Internal Revenue Service commissioner, the U.S. attorney general and the secretary of the Treasury regarding the return of funds that were wrongly seized from taxpayers in certain civil asset...
Tips on how to handle an IRS audit
Georgia residents who have received an audit letter from the Internal Revenue Service may be wondering what it means. While the letter may not indicate a person is guilty of tax fraud, it also should not be ignored. In most cases, an audit letter from the IRS means...
Learning more about federal taxes in Georgia
According to figures from the National Taxpayers Union, Americans spent 3.8 billion hours completing tax paperwork in 2009. The tax code is almost 4 million words long. While most people are happy to get a tax refund, going through W-2s and other tax forms is not what...
The tax rates of wealthy Americans
Georgia residents likely know that the United States has what is known as a progressive tax system. This means that wealthy individuals are required to pay a higher rate of income tax than those who are less fortunate, but this is offset by a number of exemptions and...
Correspondence audits on the increase
Georgia taxpayers who earn more than $1 million per year may be less likely to face an in-person or field IRS audit but might be significantly more likely to be audited by mail, also known as a correspondence audit. The IRS has always focused on auditing taxpayers...
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...
IRS may audit some returns for up to 6 years
Receiving a notice of audit from the Internal Revenue Service is something that many Georgia residents have worried about at one time or another. The penalties for concealing income or inflating expenses can be severe, but the IRS is generally given only three years...
IRS promises better customer service during 2016 tax season
Georgia residents who called the Internal Revenue Service with questions during the 2015 tax season will likely remember spending long periods on hold or being abruptly disconnected. Only 37 percent of the calls made to the IRS between Jan. 1 and April 18 of that year...



