What is Reasonable Compensation?
Reasonable compensation is a critical tax issue that owners of S-Corporations must consider. Reasonable Compensation: What is the Problem? Reasonable compensation...
IRS Notice CP2000: What is It?
What is IRS Notice CP2000? IRS Notice CP2000 is one of the most common IRS letters that we see in...
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,...
How IRS Audits Work [Updated for 2021]
IRS audits are fraught with mystery. Yet, IRS audits generally unfold in a routine manner. It is worth taking time...
Payroll Tax and Penalties
Introduction to Payroll Tax. Payroll tax includes the income tax and Federal Insurance Contributions Act ("FICA") taxes that are withheld...
Joint Tax Return Issues
Watch our YouTube video on issues relating to Joint Tax Returns. Or read on for more details! Filing a Joint...
Who Does the IRS Audit?
The IRS Audit and the receipt of IRS notices seem to be becoming more and more prevalent among Atlanta...
“AUDIT-PROOF” YOUR BUSINESS WITH ONLINE RECEIPT CAPTURE FROM QBO
If you are a business owner, you know how important it is to track your expenses. You are probably also...
HOBBY LOSS RULES: WHAT TO DO?
With the job market in tatters in 2020, small businesses are popping up all over Atlanta. However, hobby loss rules...
