Guiding You Through The Legal Process
View Our Practice Areas

March 2018 Archives

Anticipating a tax audit

Business owners in Georgia typically understand the importance of maintaining good records so that they can meet their tax responsibilities. Few anticipate being subjected to an audit. However, some business owners have taken advantage of recent changes in tax law to reduce the tax liability of their businesses. As a result, the IRS may be looking more closely at the tax returns filed by these businesses.

Offshore Voluntary Disclosure Program ends in Sept. 2018

Georgians who have bank accounts and assets located overseas must report them to the Internal Revenue Service. The IRS has announced that it is ending the Overseas Voluntary Disclosure Program, or OVDP, on Sept. 28, 2018. Taxpayers who have undisclosed foreign assets have until then to voluntarily disclose their overseas accounts and assets without facing possible criminal prosecution.

Tax errors can cause refund delays

To avoid delays in receiving tax refunds, Georgia residents should take care to avoid certain common mistakes when completing their returns. While many people may believe that only significant mistakes will cause the Internal Revenue Service to hold on to their refunds, many delays are actually caused by easily preventable mistakes.

Handling tax debts

Taxpayers in Georgia who have a balance when they complete their returns are not alone. The Internal Revenue Service reports that more than 18 million people in the country owed federal taxes in September 2014. Annually, around 10 million people have to pay tax penalties.

EMAIL US FOR A RESPONSE

Contact Us Today

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Office

100 Galleria Parkway SE
Suite #480
Atlanta, Georgia 30339

Toll Free: 800-765-2779
Phone: 404-841-6561
Map & Directions

600 University Park Place
Suite 100
Birmingham, AL 35209

Phone: 205-401-1229
Map & Directions