The IRS and small businesses

Many Georgia residents have quit their jobs and opened up their own businesses. While they enjoy the freedom that being a business owner can provide, they may not realize until it is too late that the Internal Revenue Service may be closely scrutinizing their tax...

An overview of estate tax

A federal estate tax is applied to the assets of a deceased person. However, if the assets transfer to the spouse, the estate tax is not applied. Furthermore, there is an estate tax exemption of $5.45 million for 2016, so on a federal level, only people whose assets...