Streamline Offshore Disclosure Tax Attorney Atlanta
Streamlined Domestic Offshore Procedures: An Alternative to 2014 OVDI/OVDP Under the 2014 OVDI Streamlined Procedure, U.S. residents who meet certain requirements have the option of using the Streamlined Domestic Offshore Procedures to address their unreported income and/or undisclosed foreign bank accounts. Taxpayers who qualify for, and take advantage of, these procedures simply have to: This […]
OVDP Tax Attorney Atlanta
FBAR Tax Attorney Alpharetta U.S. Enforcement on Offshore Accounts More Swiss banks are concluding their discussions as part of the huge U.S. settlement. Other enforcement efforts have included the John Doe summonses issued to FedEx, DHL, UPS, and HSBC relating to Sovereign. Disclosure is clearly the best path, and the OVDP still has the highest […]
Atlanta 941 Payroll Tax Audit Lawyer
Payroll Taxes IRS Dynamite If you own a business with employees, each payroll period you must hold back from each employee’s paycheck: How much income tax is withheld from each employee’s earnings depends on the number of exemptions claimed by the employee when he or she started working for you. The FICA contribution is a […]
Sampling Method Used in Georgia Sales Tax Audits
Does Sampling Make Sense? Does it make any sense at all that the Auditor would audit your sales, then, when it came time to look through all of your books and records, they would only pick 1-3 months out of a given year and then estimate the sales and profits for the entire year? If […]
FBAR Tax Attorney Alpharetta
Overview of Offshore Account Disclosures More Swiss banks are concluding their discussions as part of the huge U.S. settlement. Other enforcement efforts have included the John Doe summonses issued to FedEx, DHL, UPS, and HSBC relating to Sovereign. Disclosure is clearly the best path, and the OVDP still has the highest degree of safety. Presently, […]
OVDP FBAR Attorney Duluth
The IRS is Closing In The cold hard truth is that the IRS foreign income and asset detection net is closing in on those that have failed to make a voluntary disclosure to date. Taxpayers that fail to take advantage of this program run the risk of being detected by the IRS, at which point […]
Georgia Excise Tax On Motor Fuel
State Excise Tax on Motor Fuel Sales Effective: July 1, 2016Published: June 3, 2016 Effective July 1, 2016, the following State Excise Tax Rates must continue to be collected by the licensed distributor on all sales of motor fuel sold to any purchaser not properly licensed as a Georgia distributor. These State Excise Tax Rates […]
Georgia Use Tax Attorney
What is Georgia Use Tax? Use tax is a tax imposed on non-exempt items brought into Georgia. “Use tax” is also a term commonly used to refer to the tax imposed on taxable goods and services that were not taxed at the point of sale. Tax Imposed on Non-Exempt Items Brought into Georgia Use tax […]
What is Subject to Sales Tax in Georgia
Overview of Georgia Sales Tax In general, Georgia imposes tax on the retail sales price of tangible personal property and certain services. While most services are exempt from tax, Georgia does tax: Legal References:O.C.G.A. §§ 48-8-2(31), 48-8-30(f)(1) Additionally, Georgia imposes tax on charges by the seller that are necessary to complete the sale of taxable […]
Atlanta Municipal Option Sales Tax Attorney
1% City Of Atlanta Municipal Option Sales Tax A 1% City of Atlanta Municipal Option Sales Tax (MOST) is collected for retail sales and use inside the city of Atlanta. This tax helps with funding renovations to the water and sewer system. Key Points About the 1% City of Atlanta Sales Tax If you need […]