Georgia sales tax audit on food
Georgia sales tax audit on foodIf your store or restaurant is being audited by the state of Georgia Department of Revenue, then, you should know a few things about cooked food, uncooked food, and grocery items. If you are in the business of selling all of three of things, then, you clearly need to separate […]
Sales Tax Attorney Atlanta
Sales Tax Attorney AtlantaIf you are reading this entry, then chances are that you are either being proactive about an audit, or you are currently going through an audit. A popular question among business owners is when you have to charge a service as part of the gross receipts of a tangible item. This means that […]
International Gifts Tax Attorney Atlanta
International Gifts Tax Attorney AtlantaIf you are a U.S. person who received foreign gifts of money or other property, you may need to report these gifts on Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts. Form 3520 is an information return, not a tax return, because foreign […]
Georgia Sales Tax on Home Contractors
Georgia Sales Tax on Home Contractors With summertime around the corner, a lot of our clients have been asking us about the sales tax that they need to collect from their clients. For example, a client of ours that sells kitchen cabinets might want to know if they need to collect sales tax on the […]
FBAR Tax Attorney Atlanta
FBAR Tax Attorney AtlantaWhether or not you are a bank account holder in a foreign nation, the following article will help shed light on how the IRS is now targeting individuals for new compliance measures. Are you are an American expat and haven’t filed a tax return in years? Have you been living overseas and have […]
OVDI OVDP Tax Attorney Lawrenceville
OVDI OVDP Tax Attorney LawrencevilleIn 2014, the IRS made major changes to the Offshore Voluntary Disclosure Program and the Streamlined Voluntary Disclosure.Note: Such programs are not available to a taxpayer who is already under an IRS audit that has been transferred to the IRS Criminal Investigations unit or whose non-compliance has been identified already brought […]
Offer In Compromise Attorney Atlanta
Offer In Compromise Attorney Atlanta This could possibly be our most common phone call: “Can you negotiate my debt? I heard the IRS takes pennies on the dollar.” The answer is yes or no depending on your financial situation. Let’s take the following scenarios assuming the taxpayer owes $70,000.00 in tax liability: 1. AdrianAdrian has […]
Streamline Offshore Disclosure Tax Attorney Atlanta
Streamline Offshore Disclosure Tax Attorney AtlantaStreamlined domestic offshore procedures: an alternative to 2014 OVDI/OVDPUnder 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 […]
OVDP Tax Attorney Atlanta
FBAR Tax Attorney AlpharettaMore 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, taxpayers in the 2014 […]
Atlanta 941 payroll tax audit lawyer
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 […]