Tax Audits

As the popularity of cryptocurrencies such as Bitcoin, Ethereum, and others continues to grow, understanding the tax implications associated with these digital assets becomes increasingly important. The Internal Revenue Service (IRS) treats cryptocurrencies as...

With tax season just around the corner, you might be wondering if you might be a target for an IRS audit next year. Even if you are confident that you paid your personal and business income taxes correctly, an audit can be very time-consuming and stressful. It's...

It can be incredibly intimidating to receive notice that the Internal Revenue Service will be taking a closer look at your tax return. The word “audit” is frightening, especially for those who are unaware of what to expect from this process and unsure of how to...

Many business owners may feel that addressing the topic of taxes can be one of the most complex aspects of managing company affairs. Even with an effective tax strategy in place, business owners in Georgia may still wonder when the day will come in which their...

Any matter pertaining to the Internal Revenue Service can be complicated, difficult to understand and overwhelming. You may find simply preparing your taxes or knowing how to file your taxes can be a complex matter, which means that an audit will be especially...

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...