Many taxpayers may not be fully aware of the fact that IRS appeals allow the taxpayer to directly challenge the IRS and its decision-making.
Those starting a new business as well as anyone with an established business sometimes require expertise and guidance when it comes to forming or changing a business designation.
Any time an individual has a financial interest in a foreign financial institution or bank account, brokerage account or other type of account they may be required to report to the IRS on an annual basis.
While it is true that the probability of being audited is very low today, you can still reduce the chances of this happening by following a few simple tips.
Those approaching retirement having worked their entire life to accumulate wealth for the benefit of their family are best served by working with an Atlanta tax professional and estate planning expert.
More people than ever before in today's economy are choosing to be self-employed or to work from home.
As it does every year during filing season, the IRS released its annual list of the top 12 Dirty Dozen tax scams, updated for the 2017 filing season. Anyone following the news this year and last will not be surprised that the No. 1 scam was phishing, which has affected tax preparers, company payroll and human resources departments, and individual taxpayers. Second is phone scams, which involve fraudsters impersonating the IRS, calling and threatening people to get them to pay amounts they may not even owe, and often asking for untraceable forms of payment. Here is the IRS's list of this year's top dozen worst scams.
In most instances the IRS is legally able to seize property to satisfy a taxpayers tax debt. In the United States, the IRS has the ability and the authority to levy a person's property.
There are many different terms and phrases used by the IRS that the average taxpayer simply does not understand.
One of the best ways to maximize your returns when it comes to being a taxpayer and a homeowner is to work with an Atlanta tax lawyer.