Guiding You Through The Legal Process
In 2018, Georgia employees and others in America will be able to contribute up to $18,500 into their 401(k) accounts. This is an increase of $500 from 2017 limits. Although an extra $500 per year may not seem like much, it could result in an extra $70,000 in a...
Georgia residents and other taxpayers didn't have to disclose whether they had health coverage when filing their returns in 2017. However, the IRS says that it will not process electronically filed returns that don't address health care status in 2018. If a filer...
Georgians who have trouble paying their taxes might want to take heed of actor Forest Whitaker's case. The actor sued the IRS because it refused to grant him an installment plan and instead demanded that he pay all of the taxes that he owed in a lump sum payment....
According to a national advocate for taxpayers, people in Georgia and across the U.S. should not rely on much of the information provided on the Internal Revenue Service website. Specifically, the Frequently Asked Questions page and other guidance on the site listed...
The Internal Revenue Service has announced tax relief for people and businesses affected by Hurricane Harvey. As another hurricane might be hitting Georgia, taxpayers in that state might soon be seeing a similar announcement in the future. The IRS has said it will...
Taxpayers in Georgia should be on the lookout for an email scam that may hold a person's computer data for ransom. The ransomware scheme sends a message to taxpayers using the logos of both the FBI and the IRS, and it asks recipients to download a questionnaire from...
Most Georgia taxpayers realize the IRS has numerous ways of recovering unpaid taxes. Common horror stories that keep citizens honest during tax season involve prison time for serious offenders, wage garnishments and possible imposition of a tax lien on real estate. It...
Every United States person, whether citizen, permanent resident or resident alien, must file an FBAR with the U.S. Treasury Department under certain circumstances. FBAR is the Foreign Bank Account Report, or FINCEN form 114. If you are an owner, nominee or signer on...
Some Georgians fall behind on their taxes or are unable to pay them in full. When a taxpayer doesn't pay what the IRS believes it is owed, the IRS may place a lien on the taxpayer's assets. When the IRS does this, the lien will apply to all of the assets that the...
Fears about the consequences of IRS debt are common among Atlanta residents who owe or think they owe a tax bill. Some of the persistent worries deal with the possibility of a tax lien, wage levy or asset seizure. The individual facing possible collections actions by...
