Tax Debts: Post-Covid Update

In response to the economic fallout from COVID-19, the IRS suspended attempts to collect back taxes through liens, levies, seizures and other methods. We have learned that the IRS is now restarting the collection of back taxes. There are already more than 25 million taxpayers in America that are in trouble with the IRS, and […]

Challenging a Tax Bill

Gavel and books

6 Ways that Work When Challenging a Tax Bill An incorrect tax bill is fairly common because of the IRS reliance on automated systems.  According to a recent report, 75% of all IRS audits are done by computers. In addition, the IRS uses computers to create substitutes for returns when returns are not filed. As a […]

Tax and Divorce: 7 Questions to Ask

Deadline for filing your taxes

Divorce is hard. Taxes make it harder. We have identified 7 common tax questions that our divorcing clients ask when they call or visit our Atlanta, Georgia accounting firm.  Read on to know what to ask yourself! What if all of My Tax Returns Have Not Been Filed? The divorce court will want you to […]

Innocent Spouse Relief

What is “Innocent Spouse Relief?” Married couples usually file a joint tax return.  They do this because joint tax returns generally offer greater tax benefits.  However, the extra benefits of the joint tax return come at the price of joint liability.  This means that either spouse is liable for the tax, whether from the filing […]

Joint Tax Return Issues

Watch our YouTube video on issues relating to Joint Tax Returns.  Or read on for more details! Filing a Joint Return Filing a joint tax return allows married taxpayers to enjoy favorable tax rates. However, this benefit comes with a cost. The cost is that spouses who file a joint tax return have joint and […]