Falling behind on your taxes can feel overwhelming, especially if multiple years are unfiled. Many people delay taking action out of fear—fear of penalties, audits or even criminal consequences. The reality is that waiting usually makes the situation worse. Coming...
Back Taxes Or Tax Debt
Behind on taxes? A simple guide to penalties and tips on how to move forward
The IRS does not send friendly reminders — it sends bills with interest. And if you ignore those bills, the consequences escalate quickly from inconvenient to financially devastating. Every year, millions of Americans face tax bills they cannot immediately pay....
What happens if income tax debts are too large to pay in full?
People might underpay their income taxes for many different reasons. Some people misunderstand their reporting obligations or attempt to take credits and deductions for which they do not actually qualify. Others may fail to report all of their different streams of...
3 critical considerations when trying to settle tax debts
When people underpay their federal income taxes, their financial circumstances can shift drastically. Income tax debts quickly grow due to fees and interest assessed by the Internal Revenue Service (IRS). A previous underpayment of taxes can snowball out of control...
Is bankruptcy the best solution to significant tax debts?
Filing an annual tax return allows someone to verify that they have paid a sufficient amount in income taxes. The Internal Revenue Service (IRS) reviews information provided by employers and financial institutions when verifying the tax returns submitted by...
What if a taxpayer doesn’t have the full amount they owe in taxes?
Some people wait until the day that the Internal Revenue Service (IRS) stops accepting tax returns to file their annual paperwork. Occasionally, those last-minute filings will come with a surprise balance due. Most employed adults tend to receive a refund when they...
Tax debt: How to pay back what you owe
Taxes are something everyone in Georgia and the U.S has to deal with at one point in his or her life. Although many individuals won't have an issue paying their taxes, other people may not have such a positive outcome. Plenty of reasons exist as to why someone could...
How people can figure out if they owe money to the IRS
If an individual in Georgia owes back taxes to the IRS, they should pay off the taxes as soon as possible because late bills will incur increased interest in penalties. Here's how individuals can find out if they owe money to the IRS. How do people know if they owe...
What to do when you can’t pay the taxes you owe
You finish filing your income tax return, when you're met with a harsh surprise: you owe more than you'd expected. A lot more. In fact, you're not sure how you're going to pay it. What do you do? Fortunately, the IRS has created some options for tax payers in your...
Wintering abroad? Make sure you’re current on your taxes.
You’ve had enough of Atlanta’s unpredictable winter weather. The rain, the ice, the blizzards the shut the city down for days… you’ve decided it’s time for a change of pace. You’ve booked yourself a condo in the Bahamas, and...
Our services are confidential and are protected under the attorney-client privilege as allowed by law.
