If you have been following our blog on tax audits, you have learned why the IRS may require an in-depth tax review and what factors may lead to an audit. Although you file your tax returns in a timely manner and provide honest information on your tax return forms, you...
Atlanta Georgia Tax Law Blog
Taking a gamble with the IRS? You could lose big
When you are filing your taxes, you are likely focused on reporting your income, itemizing your deductions and reporting any other money that comes in or goes out. However, it can be easy to forget some of these transactions, particularly when they were infrequent or...
What you should know if your job is part of the ‘shared economy’
When people think about employment and paying taxes, they often think payroll taxes and other types of taxes deducted from a worker's salary by an employer. This would certainly be a pretty good representation for people who work a regular job for a traditional...
What’s the big deal with audits?
Tax audits have been making headlines in recent week in light of the presidential debates. For instance, people have been discussing candidate Donald Trump's explanation that he cannot release his tax returns because he is currently being audited. This has led to...
Taking responsibility for tax mistakes someone else makes
Filing your own taxes can be fairly simple for some people. For others who have complicated employment tax structures, multiple incomes sources, investments, properties, significant deductions and/or businesses to report, it can be all but impossible to do their own...
If I file bankruptcy, will my tax debts be discharged?
These days, millions of Americans are struggling with debt, from credit card debt to mounting medical bills. This debt can grow very quickly and make it all but impossible to keep up with regular payments, which leads to penalties which only makes the situation worse....
Does the IRS ever offer relief from penalties?
People often assume federal agencies like the IRS are ruthless and impossible to deal with when and if an issue arises. However, while it can undoubtedly be frustrating to figure out problems with the IRS, it is not impossible, particularly if you know your rights and...
Divorce and taxes
Getting divorced is one of the most significant and stressful events a person can go through. Unfortunately, it also has a considerable impact on another stressful event: filing your taxes.If you recently got divorced or plan to get divorced between now and the end of...
Handling taxes for a loved one’s estate? Don’t panic
If you have recently been appointed as the estate administrator for a deceased loved one, you may be required to file one or more tax returns in addition to managing the decedent's assets, paying off debts and distributing any assets that remain to beneficiaries. This...
IRS doesn’t like Facebook’s valuation of assets transferred
Tax strategies among huge corporations are incredibly complicated. Not only do they need to be concerned about employment taxes for hundreds and thousands of employees, but they also focus on minimizing their own tax obligations in transactions like sales, purchases...
Our services are confidential and are protected under the attorney-client privilege as allowed by law.
