Guiding You Through The Legal Process

Month: January 2018

Reporting bitcoin income on taxes

Georgians who have invested in bitcoin should be aware that they must report any income that they made from selling or trading cryptocurrency on their income tax returns. Some people have the mistaken idea that digital currency is beyond the reach of the Internal...

Filing federal returns electronically

Georgia taxpayers have to file their federal income tax returns on time or incur possible penalties, according to the Internal Revenue Code Section 6651. For returns that are mailed, this means making sure that they are mailed on time. The timely filing rule also...

Abuse victims may seek relief from the IRS

Georgia residents who are the victims of financial abuse at the hands of their partners may be given relief by the IRS. For instance, an individual might apply for innocent spouse relief. If granted, that person will not be held liable for taxes owed on a joint...

Understanding the IRS fresh start program

Many individuals owe back taxes, which can weigh on their finances. Thankfully, there are tax relief programs in place to assist these people. A popular option is the IRS Fresh Start program. If you are considering this program, there are a few things you should...

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