The government requires most individuals who have an income from any source to report that income and pay taxes on it. There are specific factors that determine the amount of taxes a Georgia taxpayer owes, including the total amount earned. Each individual must pay...
Dealing with the Internal Revenue Service can be a daunting task, and many people have issues completing their taxes correctly. Mistakes with taxes, filing a return late or discrepancies in forms can result in the IRS wanting to take a closer look at your taxes to...
If you trade in cryptocurrency, you already know that 2022 was a bad year for the market, with many top cryptos worth a fraction of what they were a year ago. But that does not mean you will automatically be safe from IRS scrutiny. When you suffer a net capital gains...
There may be many business owners who feel that tax planning might be one of the most daunting aspects of owning and operating a company. The complex nature of such a topic might leave many entrepreneurs with concerns that they might make mistakes that could lead to...
Receiving notification that the IRS plans to audit one’s business can prove a stressful and intimidating concept. Since there are various factors that might trigger a similar process, creating a strategy for the possibility could prove integral. Knowing what might...
Social media’s relentless increase in popularity over the last two decades is unquestioned. Most people rely on some sort of outlet to share thoughts, images, videos or career aspirations. Often, an individual will post numerous times a day on various social...
Receiving notice of an audit by the Internal Revenue Service can be intimidating and overwhelming. You know this is a serious matter, but you may not be certain of how you can pursue a beneficial outcome and protect your interests. Knowing what factors may trigger an...
After filing tax returns, most individuals in Georgia or elsewhere may either be left facing a need to pay taxes or awaiting a tax refund. However, there may be certain scenarios in which a similar process could trigger a type of investigation known as a tax audit....
Thousands of Americans file their taxes in fear that every step of the process could potentially lead to an IRS tax audit. While it is true that certain red flags could make an audit more common for some individuals, there are numerous myths that seem to appear each...
Failure to pay taxes will result in complicated penalties and consequences that can affect multiple areas of life for a Georgia taxpayer. One of these consequences is an audit, which is the process of a careful examination of every aspect of your financial life...
