Georgia residents who were waiting to file their 2017 income return so that they could claim a tax extender may now be able to file, depending on which tax break they intend to claim. Several tax breaks that expired in 2016 were renewed for 2017, but that didn't...
Month: February 2018
IRS warns of potential tax scam
By April, everyone in Georgia and throughout America will be required to file their federal income tax return. Those who are considered to be employees of a company will receive a form W-2 and were supposed to get them by Jan. 31. The IRS is warning payroll...
Common reasons a tax audit may occur
Individual taxpayers in Georgia and around the country are at a relatively low risk of being audited by the IRS. Overall, fewer than 1 percent of federal income tax returns are scrutinized further by the government. However, a person's exact audit risk may depend on...
What to know about 2018 IRS tax returns
The IRS says that it will process 155 million tax returns during the 2018 income tax season. However, not all Georgia residents necessarily need to file a tax return. This will depend on one's earned income and personal exemption. Those who do have to file an income...