Income Taxes

Georgia residents may be familiar with the idea of a marriage penalty on federal tax returns. The concept relates to tax scenarios that provide greater advantages to unmarried partners than to those who tie the knot. While many ignore these issues as they wed, some...

Making the leap from renter to homeowner is often an important milestone for many people, giving them a sense of "grown-up" satisfaction, or maybe signifying that they have finally staked out their piece of the American Dream. But how do you avoid unnecessary taxation...

Many Georgia residents look forward to the Olympic Games, but it is not just the nation's sports fans who are cheering on Team USA in Rio de Janeiro. Athletes who earn medals also receive handsome cash prizes, and returning American athletes will arrive home to find...

Many parents rely on summer day camps and day care for their children in Georgia each year. The care that is provided to their children may be eligible for a credit on their federal income tax returns called the "child and dependent care credit." Generally, care that...

Most Georgia residents know that they need to keep copies of certain tax records, but they may not know which ones they need to hold on to or for how long they should retain them. Generally, people should keep copies of all of the documents that they used to arrive at...

Georgia residents who are planning their retirements often forget to take into account taxes. Even people who have put a lot of thought into building their retirement portfolios have no idea what they will owe the IRS once they start making withdrawals from their...

For Georgia residents who are still waiting to receive their state income tax refunds, the end may finally be near. The state greatly slowed the processing time for state income tax refunds beginning in February due to issues with tax fraud and associated IRS issues....

According to figures from the National Taxpayers Union, Americans spent 3.8 billion hours completing tax paperwork in 2009. The tax code is almost 4 million words long. While most people are happy to get a tax refund, going through W-2s and other tax forms is not what...

United States citizens from Georgia and all other states still have to file a U.S. federal tax return even if they are living in another country. Some new rules are in place for 2015 tax returns, and new technology agreements could help the IRS catch delinquent...

Many Georgia residents are concerned that long term health care costs uncovered by Medicare or Medicaid will eat up their inheritances and leave them little or nothing to pass on to their loved ones. To avoid this situation, it is not uncommon for older individuals or...