Taxes are complex matters to handle, and in some cases, Atlanta residents may feel that the manner of taxation is unfair. While it may seem tempting to leave off certain information from IRS documents when filing a tax return, it is important to remember that if the...
IRS
Chances of a tax audit are slim but still be prepared
Finally signing the necessary documents or hitting the submit button on a tax return online can be a relief for any Atlanta resident. Having to handle tax matters can be confusing and stressful, and most people are happy to have their returns completed. However, even...
Are you facing litigation in the U.S. Tax Court?
At some point, you ended up in a dispute with the IRS. After exhausting all the internal processes provided by the agency, you are still not satisfied with the result. If your situation qualifies, you could end up heading to the U.S. Tax Court. This independent...
Who qualifies for an offer in compromise?
Debt can add complications to any Atlanta resident’s life. Some debt may be considered good, but other debt can leave individuals struggling and at risk of facing serious penalties. For example, tax debt can have far-reaching repercussions for individuals, and having...
Is An In-Person Interview With The IRS Always Part Of Tax Audits?
An IRS tax audit may be one of the most frightening potential experiences an individual can have. After all, an audit carries not only the potential for serious financial penalties if you’ve made a mistake and unpaid your taxes, but also the risk of criminal charges...
Receiving a notice of deficiency can seem dreadful
Most people in Atlanta and across the country dread doing their taxes. It can sometimes be complicated, and trying to remember a year’s worth of financial information and find the corresponding documentation can be challenging. When individuals do file their taxes,...
Unpaid taxes could lead to a federal lien
Taxes are often a burden for many reasons. Even if individuals want to stay on top of their tax obligations, they may face financial hardships that prevent them from paying their taxes, or they may be confused about how to appropriately handle certain tax-related...
What happens if you don’t file tax returns for your business?
There are multiple reasons why people might not file tax returns for their business. They might wrongly assume that so long as they filed their own tax return, the business aspect is unnecessary. Some people don't file tax returns because they don't owe any money or...
Use an offer in compromise to escape IRS tax debt
When you owe money to the IRS, it has a way of bogging you down. Not only financially, but also emotionally. While you may be in an unenviable position, there are steps you can take to escape IRS tax debt and reclaim control of your finances. An offer in compromise is...
Sales tax for online transactions could cause confusion, lawsuits
Running a business means adding many new tax obligations. Some people may have a difficult time keeping up with their personal tax responsibilities as it is, and it can certainly be hard to manage business-related tax matters as well. If Atlanta small business owners...