Although someone might submit a timely and accurate tax return, the Internal Revenue Service may launch an audit. An audit letter may arrive asking the taxpayer to support deductions or address another issue of the IRS's concern. That said, Georgia taxpayers may not...
To beat the IRS, you need a legal team that understands the IRS.
Month: August 2022
Crypto mining and taxation
Mining cryptocurrency is an interesting way for some Georgia residents to make money, but it has an unclear and complex tax treatment. The IRS has not specified how and when it becomes taxable, which is important to know. Crypto mining Mining crypto is a...
The life cycle of a Tax Court case
The Tax Court operates between the hours of 8 a.m. and 4:30 p.m., Monday through Friday, in the state of Georgia. The United States Tax Court is a Federal Trial court, and as such, is subject to getting records of all proceedings that take place. Let’s take a closer...