Guiding You Through The Legal Process
Some companies in Georgia may have experience with IRS business audits. Although these audits have the potential to be stressful experiences for business owners, it may be possible to mitigate their operational impact through careful preparation and planning. During...
Owners of small businesses in Georgia may be interested in some information on what the Internal Revenue Service is trying to find when conducting a business tax audit. Depending on what its analysis shows, there could be serious issues for the business owner. When a...
The state and local taxes Georgia residents pay on their properties and assets vary widely. In addition to the existence of multiple laws and statutes, there are also variances in methods of collection, property valuation and tax calculation to consider. All these...
If any IRS employee or officer in Georgia or any other state gives bad written advice to a taxpayer and the IRS charges the taxpayer with a penalty as a result, the taxpayer may file for relief of the penalty during a specific time period. This can result in a credit...
Georgia residents who are dealing with IRS issues may be interested in some information on our firm's tax law practice and how it may be able to provide help. Without effective representation, actions by the IRS may seriously affect your finances. When your taxes have...
The Internal Revenue Service may generally audit a return no more than six years after it was first filed. In most cases, the IRS will try to audit all returns no more than two years after they are filed. While the statute of limitations is three years in most cases,...
After a person files a Georgia state income tax return, the Georgia Department of Revenue may review the return and make an initial determination that the filer owes additional tax. Generally, the first time a person will learn of the additional tax assessment is when...
The IRS elects to audit tax returns based on a number of factors. Selection for audit is not arbitrary; rather the return is first evaluated in a lengthy and thorough process. Then a final determination is made as to whether or not the return will go through the full...
For Georgia businesses, a tax audit can be a difficult experience. However, there are some ways that a company might try to avoid attracting undue attention from tax authorities. For example, if the company is doing its own taxes, it might be beneficial to use...
During the recent November election, Georgia voters decided to freeze the income tax rate for the highest earners in the state. The decision to make the constitutional amendment will mean that the top income tax rate will remain at its current level of 6 percent, and...
