Georgia Department of Revenue Sales Tax Payment Plan
Overview If you have a substantial amount of sales tax owed to the State, you are probably thinking about getting on a payment plan. Payment plans are never a one-size-fits-all policy with the State as they tend to be with the IRS. For example, the IRS will give a taxpayer a 60-month streamlined payment plan […]
LLC Business Tax Attorney Norcross
What Is an LLC? An LLC is a business structure similar to a sole proprietorship or a general partnership. According to the IRS: It is designed to provide the limited liability features of a corporation and the tax efficiency and operational flexibility of a partnership. As a pass-through entity, all profits and losses pass through […]
IRS Tax Audit Attorney Atlanta
Has the IRS Sent You a Notice of Audit? Let’s talk about this and something called a Document Request. If the IRS has contacted you for an audit, they have assigned a field auditor to your account. Whether this is a personal audit or a business audit, the field auditor will leave their business card […]
S Corporation Business Tax Attorney Marietta
What is an S-Corp? An S-Corp is a corporation that has received the Subchapter S designation from the IRS. A business must first be chartered as a corporation in the state where it’s headquartered and then file to be considered an S-Corp. According to the IRS, S-Corporations are “considered by law to be a unique […]
Business Partnership Tax Attorney Atlanta
Understanding Partnership Taxation A partnership is a pass-through entity, such as a Subchapter S Corporation. This business entity is between at least two individual partners, each of whom are required to pay any income tax on his or her personal tax return. This amount is based on the partnership share, which is determined by the […]
C Corporation Business Tax Lawyer Alpharetta
C Corporation and S Corporation Differences Federal Taxation A C Corporation is taxed as a separate entity and must report profits and losses on a corporate tax return. The C Corp pays corporate taxes on its profits while the shareholders are not taxed on the corporation’s profits. C Corp shareholders report and pay income taxes […]
IRS Tax Levy Attorney Lawrenceville
IRS Wage Garnishment and Levy Process Once the IRS sends you an “Intent to Levy” notice, they will contact your employer and begin to levy your wages. At our law firm, we specialize in bringing our clients to a 100% compliance level with the IRS. That is the first step in getting rid of your […]
DOL Tax Audit Attorney Atlanta
Overview of DOL Audits for Independent Contractors If you are being audited by DOL, it is most likely because you are a business based out of Georgia with at least a handful of independent contractors. The DOL will look at whether these independent contractors are truly contractors or employees. The Core Problem: Definition of Employee […]
IRS Tax Attorney Alpharetta
Common Tax and Business Issues in Alpharetta (30004 Area Code) The most common tax and business issues we encounter from the 30004 area code involve tax appeals dealing with the IRS office at the Atlanta location or the DOR Sales Tax Department. The result is often an assessment of back taxes, interest, penalties – sometimes […]
Bar Sales Tax Audit Attorney Atlanta
Understanding Bar Sales Tax Audits in Georgia If you own a bar in Georgia, then you might be subject to an even more fickle and unpredictable sales tax audit. You will hear about this thing called a pour test. Here is our story: The system our client uses is called a Berg System that allows […]