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...
Tax Audits
What can you expect from an audit by the IRS?
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...
What might prompt a tax audit?
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....
3 common myths about IRS tax audits
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...
How can you defend yourself against tax audit charges?
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...
What factors could lead to an audit by the IRS?
Even if you pay your taxes on time and do your due diligence in the provision of accurate and up-to-date information to the Internal Revenue Service, you could still receive notice of an audit. The IRS conducts audits in certain circumstances, particularly if there is...
Are you asking for an IRS audit?
No one wants the IRS to audit their personal or business accounts. An audit occurs when the IRS becomes suspicious of the information you provide on your tax forms. Audits are not only time-consuming and stressful, but they can also result in a large tax bill with...
Did you receive notice that you owe the IRS?
While earning an income is often a source of pride and enjoyment for many people, having to pay taxes on that income is often seen as a considerable downside by many. Of course, tax obligations affect all Georgia workers, and while it may not be enjoyable, most...
Recently retired? Pay attention to tax obligations
For Georgia residents who recently retired, this time of life may be filled with more new experiences than they expected. As they try to fill the time they once spent at their jobs, they may come across new hobbies and activities that they enjoy as well as find plenty...
When should you have help with a tax audit?
Unless someone is receiving information about a tax refund, most Georgia residents do not want to receive correspondence from the Internal Revenue Service. Often, getting a notice from the IRS means that something was likely wrong with certain tax information and that...