The Department of Revenue must administer Georgia tax laws in a fair and efficient manner. This means that you can expect prompt and courteous treatment any time you make a tax request through the Department, whether you have a question about a specific law or are...
Tax Help
How do I prepare proactively for the upcoming tax season?
With the holidays (almost) behind us, tax season will soon come around, and while in contrast to the holidays, it is one of the most dreaded times of the year, planning can make it much easier and less stressful for you. There are several ways you can prepare for tax...
Do you need a separate business account if you’re self-employed?
As the world is shifting to a lot of freelance and gig work, there may be more business-related questions from the average everyday person. For example, suppose you’re just starting a business, or perhaps, you’re self-employed. In that case, you may wonder if you need...
What are some of your rights as a Georgia taxpayer?
Whether you own your own small business or you are a representative of a medium-sized business, the state of Georgia has a Taxpayer Bill of Rights. If you pay taxes in the state of Georgia, you are entitled to certain rights and protections. You must be aware of the...
Avoid making these 2 common tax mistakes
Most people dread having to file their income taxes for the year. This is especially true for those who have complex returns. In an effort to simplify a complex return, some people might try to take the easy way out of certain aspects of the process. As tempting as...
USING AN INSTALLMENT AGREEMENT TO REPAY TAXES
Taxpayers who fail to file a tax return or fail to pay taxes by the deadline are subject, by law, to penalties assessed by the IRS. Taxes unpaid by the original filing due date are subject to interest and a monthly late payment penalty. The failure to file a tax...
HOW DO YOU CHANGE YOUR STATE RESIDENCY FOR TAX PURPOSES?
It’s well-known that some states provide lower tax rates than others. Florida, Texas, and other states have no income tax, which makes them an attractive option for retirees and other taxpayers who want to lower their tax burden. Georgia levies a state income tax, but...
WHAT TO DO IF YOU DISAGREE WITH AN IRS NOTICE
IRS notices can be intimidating and confusing. The good news is that even if a notice says you owe the IRS you often the right to appeal or protest the decision in some way. Follow these steps if you don’t agree with an IRS notice and want to preserve your appeal...
TAX CONSEQUENCES OF TAKING A SIDE JOB OR GIG
Freelance gigs, second jobs, and “side hustles” are a great way to earn some extra income. However, this extra income can also cause tax issues if you aren’t prepared to properly report and pay taxes on it. Follow these tips to avoid creating tax problems when you...
SHORT-TERM RENTALS AND TAX PROBLEMS
Short-term rentals have become a great income opportunity for many people, especially those living in popular tourist destinations. They also have complex tax consequences that can lead to issues for unsuspecting taxpayers. Be aware of the following tax issues if you...