In recent posts, we have focused attention on how government is helping Georgia residents recover in the wake of Tropical Storm Irma. First, there were pledges of help. Since then, agencies at the state and federal levels have started to make good on the promises and...
Atlanta Georgia Tax Law Blog
IRS opens access to retirement funds for hurricane relief
Last week we wrote about the governor's pledge of tax relief in the wake of Hurricane Irma. Even then, it was clear that no part of the state is untouched by the storm, making the promise of help all the more welcome.Since then, the forms that help will take...
Moves to ease tax burdens in Georgia after Irma
By the time Irma reached Georgia last week, she was not the hurricane she had been. But even in her diminished state she wreaked a great deal of havoc. After a statewide tour this week , the governor said the storm touched virtually every county and that recovery is...
Common flags that could lead to an IRS audit
You might have filled out your tax forms perfectly, but at least one red flag raises your chances of an IRS audit. Or perhaps you are not sure whether to record something in case it turns out to be a red flag and you have lost the documentation backing it up.Here is...
For Bitcoin investors, more guidance needed from IRS
Many of our readers have probably heard of Bitcoin and other forms of cryptocurrency such as Litecoin and Ethereum. For those who haven't heard of it, Bitcoin is a form of digital payment system in which transactions take place directly between users of the currency....
Residency, domicile can become an issue in state tax liability disputes
Previously, we began looking at a California tax dispute involving the issue of residency. As we noted last time, residency can be a complicated topic in tax disputes, particularly when an individual maintains multiple homes across the country. For those who do own...
Tax dispute involving microprocessor inventor centers on issue of residency
Gilbert Hyatt, the man responsible for inventing the integrated circuit microprocessor, has been involved in his share of legal disputes over the years. For years, Hyatt was involved in patent litigation concerning his invention. Nowadays, Hyatt continues to be...
Work with experienced legal counsel to address issues with charitable donation deductions
Last time, we mentioned a legislative proposal that would make significant changes to tax law, changes that are very likely to have a significant negative impact on charitable giving. It isn’t clear yet how far the proposal will advance—there are certainly...
4 tax mistakes freelancers need to avoid
A growing number of people are making a living as freelancers. In fact, a report from Forbes showed that freelancers currently make up at least 35 percent of the American workforce, and the total number of freelancers has risen to 55 million people. Many...
Tax proposal could significantly reduce charitable giving
Charitable giving is something many people do in order to support a cause they believe in or to help those in need. For some people, charitable giving is sporadic or occasional, while others give regularly on an annual basis. However people give, one of the benefits...
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