Guiding You Through The Legal Process

Month: May 2016

Planning for taxes in retirement

Georgia residents who are planning their retirements often forget to take into account taxes. Even people who have put a lot of thought into building their retirement portfolios have no idea what they will owe the IRS once they start making withdrawals from their...

Options for taxpayers facing an IRS levy

A letter from Uncle Sam usually isn't good. And when it's in relation to levying an individual's property due to unpaid taxes, it's definitely an eye opener. Fortunately, individuals who owe back taxes and are facing an IRS levy have options. Pay in full This may...

Likelihood of IRS audit may increase

Georgia taxpayers may be at increasing risk of an IRS audit in the years ahead. At present, the IRS audits fewer than 1 percent of taxpayers, but audits may go up based on hiring news from the agency. Despite a claim that budget cuts would leave it unable to make new...

Warning list to avoid scams and risk of IRS audit

Tax fraud and evasion pose serious problems for both Georgia taxpayers and the IRS alike. They cost the agency resources every year and can lead to even innocent taxpayers facing stiff penalties. To heighten public awareness, the IRS publishes an annual list of the...

Handling tax return errors

When Georgia residents make a mistake when filing their tax returns, it does not automatically mean that they will be audited. Depending on the type of error made and what attempts are made to resolve it, the matter may simply involve dealing with some paperwork. One...

Categories

FindLaw Network