Seeing that you have something in the mail from the Internal Revenue Service can make your heart stop. While there’s a chance that it’s good news, there’s a better chance that you’re being asked about something, told that you owe money, or given information about your...
Month: May 2021
What foreign assets need to be disclosed to IRS?
You may have come to the United States in the last few years get a better job. You have enjoyed building a stronger financial future here, but you also still have some assets overseas. You have felt a bit overwhelmed when completing your U.S. tax returns though. You...
When do independent contractors pay estimated quarterly taxes?
Being self-employed can mean more personal freedom and keeping more of the money that you generate through your knowledge, skills or hard work. However, self-employment or independent contractor status also comes with additional costs. Increased tax obligations are...
Why do people get audited by the IRS?
Nothing strikes fear into the hearts of people in Georgia and around the country like the news that their tax return is going to be audited by the IRS. Right off the bat, you will probably ask yourself a lot of anxiety-inducing questions: What did I do wrong? How...