Guiding You Through The Legal Process
A warning has been issued by the Internal Revenue Service that applies to taxpayers residing in Georgia and around the country. In January 2018, the IRS implemented the Fixing America's Surface Transportation (FAST) Act which, among other things, provides that people...
Promoters who suggest using a micro-captive insurance company come from many professions: financial advisors, attorneys, accountants, actuaries, captive managers and others. One thing they have in common with promoters in many fields is the majority are honest,...
The federal tax overhaul that went into law in 2017 has exposed many taxpayers in Georgia and around the country to unexpected income tax bills. According to the Government Accounting Office, roughly 3 million more people than last year will have failed to withhold...
Criminal tax cases are relatively rare in Georgia. Tax professionals and attorneys will say that one common way to bring on a criminal case related to taxes is to be evasive or obstructive during dealings with the Internal Revenue Service. It's something to keep in...
Most taxpayers in Georgia dread receiving a contact from the Internal Revenue Service. Fears of an audit, a tax levy or asset seizure come to mind. Unfortunately, there are unscrupulous individuals in the world who choose to prey upon these fears. Fake contacts...
Although the most recent government shutdown is over, there may be some long-term impacts for Georgia residents. For example, the IRS says that it is weeks behind in hiring and training staff for the upcoming tax season. It also says that there are millions of...
With the new tax season almost here, the citizens of Georgia should get ready and take the time to make sure that all their financial matters are in order. However, it is also worth noting that this year should be a particularly strenuous year for the IRS. On the one...
You may be facing financial circumstances that prevent you from paying the amount of tax you owe to the Internal Revenue Service. You are looking for some kind of relief, and “Currently Not Collectible” status may be just what the doctor ordered. A little history The...
While the tax law has changed in recent years, there are still many deductions that Georgia residents may be entitled to in addition to the standard deduction. For example, it may be possible to take a deduction for student loan interest up to $2,500. This is true for...
Georgia residents and others are advised to keep a physical and digital copy of a tax return for as long as they live. This can be helpful in the event that the IRS claims a person hasn't filed a return in a given year or filed a fraudulent return. Furthermore, the...
