Many Georgia residents have quit their jobs and opened up their own businesses. While they enjoy the freedom that being a business owner can provide, they may not realize until it is too late that the Internal Revenue Service may be closely scrutinizing their tax...
IRS Issues
Protecting your personal information after a data breach
While it wasn't the first and certainly won't be the last, the data breach at Yahoo is certainly the largest to date. In September the company revealed that at least 500 million accounts had been hacked, with thieves stealing names, personal information and passwords....
Federal tax liens and how to handle them
When people in Georgia fail or refuse to pay their taxes, the Internal Revenue Service can issue a federal tax lien. A tax lien is secured by all of the personal and real property that is owned by the taxpayer. This includes homes, business interests, vehicles and...
Can tax debt be discharged in bankruptcy?
Is bankruptcy the solution to eliminating tax debt? Unfortunately, it's not that simple or straightforward. Although bankruptcy law does allow tax debt to be discharged under certain circumstances, a debtor is often still liable for their tax debt after bankruptcy. In...
Seeking not currently collectible status from the IRS
Georgia residents who owe money to the Internal Revenue Service but do not have sufficient income to make payments under an installment agreement could qualify for what the agency refers to as currently not collectible status. You may qualify for this designation if...
Some tax refunds will be delayed in 2017
Many Georgia working parents receive a refund after they file their tax returns due to overwithholding as well as claims for the Earned Income Tax Credit and the Additional Child Tax Credit. In expectation of their refund, some families file their tax forms early in...
Options for taxpayers facing an IRS levy
A letter from Uncle Sam usually isn't good. And when it's in relation to levying an individual's property due to unpaid taxes, it's definitely an eye opener. Fortunately, individuals who owe back taxes and are facing an IRS levy have options. Pay in full This may...
Warning list to avoid scams and risk of IRS audit
Tax fraud and evasion pose serious problems for both Georgia taxpayers and the IRS alike. They cost the agency resources every year and can lead to even innocent taxpayers facing stiff penalties. To heighten public awareness, the IRS publishes an annual list of the...
Handling tax return errors
When Georgia residents make a mistake when filing their tax returns, it does not automatically mean that they will be audited. Depending on the type of error made and what attempts are made to resolve it, the matter may simply involve dealing with some paperwork. One...
Repercussions for small business owners who don’t file taxes
This year's looming tax deadline is slowly approaching. Despite the extra couple of days provided this year, many people, particularly small business owners, will struggle to get all of their receipts and paperwork together to file on time. Some will just not file at...



