Guiding You Through The Legal Process
Taxpayers in Georgia may benefit from learning more about how to ensure that income taxes are properly filed and accounted for. In accordance with federal regulations, some taxpayers in Georgia may be required to file their returns electronically. Georgia residents...
Georgia fans of Michael Jackson's music may be interested to learn that on Oct. 20, the Internal Revenue Service admitted to making an error in its valuation of the late musicians estate. The report stated that the mistake actually increased the estate tax by...
The Code of Georgia sets forth the structure of personal income taxes levied by the state in Title 48, Chapter 7. Not all states charge income taxes, and the ones that do not typically fund public necessities like schools and police departments with higher consumer...
If a Georgia taxpayer fails or neglects to pay a tax debt, the IRS may place a federal tax lien on the taxpayer's property. For the lien to be put into effect, the IRS must first assess a tax liability and make a demand for payment from the taxpayer. If the payment is...
Georgia churches may benefit from exemptions from federal income taxes, but a Mississippi case may be of concern as misuse of the church designation has landed a Christian physician in serious legal trouble with the IRS. The man was convicted on four felony counts of...
Many Georgia residents are likely concerned about the fiscal state of the nation. Mounting deficits and rising government spending are legitimate causes of concern, but a September 2014 U.S. Tax Court decision may serve as a reminder that not filing a tax return as a...
Comedian Chris Tucker recently settled a tax case with the IRS for more than $14 million. A representative for Tucker said that it was due to poor management and business practices. While mistakes may be made by anyone, a taxpayer generally has several chances to...
Atlanta taxpayers may be interested in some of the possible effects of IRS health care tax credits. In some cases, these credits may seriously affect a person's expected tax refund. Almost 7 million U.S. households are taking advantage of health care tax credits under...
For Georgia taxpayers, an IRS audit is often one of their greatest fears, after paying the taxes themselves. There are some tips that can hopefully help reduce the chance of an audit and the problems that come with it. Experts recommend that taxpayers prepare their...
The Internal Revenue Service recently adopted a new Taxpayer Bill of Rights. The document groups the rights found in the Internal Revenue Code into 10 categories in an effort to make them easier to find and understand. First is the right to be informed, meaning that...
