Guiding You Through The Legal Process

Month: September 2016

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...

Federal tax liens and how to handle them

When people in Georgia fail or refuse to pay their taxes, the Internal Revenue Service can issue a federal tax lien. A tax lien is secured by all of the personal and real property that is owned by the taxpayer. This includes homes, business interests, vehicles and...

What kind of taxpayer the IRS likes to audit

Georgia residents have less risk of being audited by the Internal Revenue Service than they have had in decades. That's because the IRS began auditing fewer returns after the IRS Restructuring and Reform Act of 1998 forced the agency to pay greater attention to...

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...

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