Guiding You Through The Legal Process
Although almost everyone is required to pay federal income tax, it may be possible to dispute the amount owed. For example, one might contest the results of an audit. In the event that the IRS proposes changes to a tax return, a taxpayer may protest the decision and...
Having to deal with the Internal Revenue Service can be a daunting prospect for Georgia residents. The agency has the power to garnish paychecks and freeze bank accounts, but taxpayers can often avoid such measures by acting proactively. Many people make the mistake...
Georgia residents with an interest in tax issues may wish to know about new regulations that are expected to be issued by the IRS. Legal and accounting professionals are notifying clients about this matter, which affects estate taxes and could have serious tax...
A lack of funding for the Internal Revenue Service may not be a good thing for average families in Georgia. Although some people think that less IRS funding could result in a smaller chance of being audited, the opposite may actually be true. According to statistics...
Georgia taxpayers may be interested in learning more about critical errors that could place them in a compromising position with the IRS. Generally speaking, the IRS has up to three years to audit a taxpayer after a return is filed. If the taxpayer underreports their...
In many cases, individuals are required to pay taxes on any income from wages, investments or prize winnings. However, there are times when income is not considered to be taxable. For instance, if an individual wins an award, he or she may not need to pay taxes on any...
Georgia taxpayers who are concerned about an IRS audit should not be too worried about the possibility. The incidence of audits, which are rare occurrences in the first place, has been dropping over the past few years. Of the ones that do occur, most are done through...
The Affordable Care Act, more commonly known as Obamacare, is in its first year of "shared responsibility payments" as the tax season reaches its highest pitch. Estimates state the current penalty fees for a taxpayer without health insurance amount to about $172, and...
Georgia business owners may be interested in some information about different types of strategies they might employ to be successful during a tax audit. Due to the importance of doing well during these audits, it is crucial that the taxpayer do everything they can to...
Many taxpayers in Georgia and across the country have been receiving threatening emails and telephone calls from individuals claiming to represent the Internal Revenue Service. During these interactions, imposters try to threaten their victims with lawsuits,...
