Most Georgia residents might never have to face an audit from the Internal Revenue Service (IRS). The mention of the word audit can send anyone into a slight panic, but it’s almost completely unnecessary. An audit doesn’t necessarily mean you’re in trouble. Sometimes...
To beat the IRS, you need a legal team that understands the IRS.
Month: September 2022
How to lose a nonprofit’s tax-exempt status in Georgia
Maintaining a nonprofit's tax-exempt status in Georgia is critical to its success. There are specific types of activities that can jeopardize this status, so it is important to be aware of them. Private benefit/inurement If your nonprofit organization holds an IRS tax...