What to do when IRS Questions a deduction?
What to do when IRS questions your Tax Deduction? A tax deduction is what allows a taxpayer to lower their liability of tax by actually lowering the amount of taxable…
Georgia businesses get tax break
Georgia businesses get tax break Recently, the White House has issued nationwide tax breaks for corporations to stimulate the economy. While this move was unpopular with the majority of working…
What Do I Do If I Get Audited By The IRS For A Second Time?
What is an IRS Audit? An Internal Revenue Service audit is a review or examination of an individual or organization’s accounts and financial documents. They do this to ensure that…
IRS Tax Scams
Now that we are in the full swing of tax season, various IRS scams are springing by the second. People have lost millions of dollars to IRS scams over the…
How to Protect your Business from an IRS Audit
 It has been a hectic business week and you have put together plans for a small weekend getaway to calm your nerves in preparation for yet another successful albeit stressful…
History of the Internal Revenue Service
The word "tax" is derived from the Latin term "taxo." A tax is a compulsory financial levy or a type of financial charge that is imposed upon a taxpayer (whether…
IRS Trust Fund Recovery Penalty
 In Atlanta, Georgia, unpaid trust fund taxes can set you up for serious punishments. In most cases, people who are found guilty of this crime are penalized with 100%…
IRS FOREIGN INCOME TAX EXCLUSION AND IF YOU HAVE TO REPORT OVERSEAS BANK ACCOUNTS
Americans that have bank accounts outside the shores of the country or possess assets in financial institutions outside the country may wonder what the American tax law has to…
Tax Shelters
People absolutely hate paying taxes. It is one of the most frustrating parts of working or owning your own business. One of the ways people try to circumvent this would…
IRS Collection Information Statement (Form 433-A)
Collection Information Statement There are several forms which are used by the IRS to collect information statement from persons relating to tax issues such as tax debt. These forms would…