New Deadlines For 2020 Tax Returns

Answering Questions About the New Deadlines For 2020 Tax Returns

The IRS is taking steps to reduce the strain of 2020 for tax paying Americans. Still, there are a lot of questions. Here’s what you need to know.

tax filing tips for tax the pandemic

Tax Filing Tips Amidst The Pandemic

In this video, Atlanta tax attorney Alyssa Whatley shares tax filing tips for the pandemic and your 2020 tax return.

tax-lien-versus-tax-levy

What Is the Difference Between A Tax Lien and A Tax Levy?

If you neglect to pay your tax debt, you could find yourself on the receiving end of a letter from the IRS. The IRS has the right to collect money owed to the federal government, and state agencies can also impose liens and levies to recover unpaid tax liabilities. But what are liens and levies, and how are they different?

what-triggers-a-letter-from-the-irs

What Triggers A Letter from the IRS?

The Internal Revenue Service is treated as something of a boogeyman by many Americans. People speak in hushed tones about audits and garnished wages and are intimidated by the thought of speaking to an agent.

IRS Unveils New Taxpayer Relief Initiative

The IRS has introduced the Taxpayer Relief Initiative (TRI). This new set of policies aims to alleviate the cumulative financial strain the pandemic has placed on millions of families.

cathy-strobeck-atlanta-cpa-book

An Interview with Author and CPA Cathy Strobeck

Cathy Strobeck, CPA, is the owner of Atlanta area based Add-Vantage Accounting Services, Inc. and the author of Solving the Puzzle: How Small Business Owners Can Grow Their Business and Avoid Tax Trouble.

irs-repayment-options

What are the IRS Repayment Options?

What happens when you owe the IRS more money than you can afford to pay by the due date?

fashion-industry-tax-laws

When Fashion and Tax Law Collide

Alyssa joins the Fashion Law Network podcast to discuss the tax implications of Hollywood swag/gift bags, celebrity and influencer tax issues, and the recent Gucci tax evasion case.

What is the Difference Between Tax Fraud and Negligence?

Understanding what each is can make a difference in how the IRS looks at what you have done. This video and article explains.

irs-audit-triggers

10 IRS Audit Red Flags

If just the title of this post is giving you heart palpitations, take a deep breath. Only about 0.45% of tax returns were audited in 2019. Your chances are very low that you will receive a letter from the IRS. Still, there are a few red flags that could prompt the IRS to take a second look at your tax return, and it’s important to know what they are—because forewarned is forearmed.

irs-audit-letter-tax-case

We Reduced Her $1.2 Million Tax Bill by 97%

“I was shocked by the amount of money I owed, and I was scared that I could lose everything,” Katie says.

institutional-racism-and-tax-laws

Institutional Racism & Our Tax Laws

I was inspired to create this video beauce I had seen other professions, such as the medical profession share their experiences of how people of color are affected in their areas of practice and what we can do to help educate ourselves about that disparity and how people of color are treated in our institutions.