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November 2017 Archives

How to report healthcare coverage in 2017—tips for individuals

The Affordable Care Act has been a hot topic in Washington this year. We’ve followed months of debates and negotiations over whether to repeal and replace it. We’ve seen heated protests and town hall meetings across the country both for and against the ACA. Despite all of this activity, as the year draws to a close, the ACA is still the law.

The art of the deal when the IRS is on the other side

The current president of the United States has a major reputation for the way he practices the art of the deal. He even has a book by that title. In it, Donald Trump offers a list of tactics that he says have stood him in good stead at various bargaining tables. These include such tips as:

What is the likelihood of an IRS audit?

When tax season comes around, both individuals and businesses worry about the possibility of an audit from the Internal Revenue Service. Even if you think you did everything correctly, everyone makes mistakes, which can result in harsh penalties. However, audits are extremely rare. Some reports estimate that only 1.1 percent of people who file end up with an audit. 

As much as any business, a nonprofit can suffer an IRS audit

There's big money in nonprofits. That might seem hard to believe when applied to this sector of the U.S. economy. After all, when Georgia readers think of nonprofits – also known as charities – they likely call to mind their local place of worship, the community food shelf, or some other operation that seems to always be just scraping by year to year.

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The Peck Group, LC

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Located in Atlanta, The Peck Group, LC, represents clients nationwide. Regionally, we are committed to serving clients in Fulton County and throughout the state of Georgia.