Penalty Abatement

Penalty Abatement is an administrative waiver that relieves specific penalties under certain conditions. First Time Abate is the most common administrative waiver for individuals and businesses.

How Atlanta Filers Can Prepare for an IRS Audit

First off – congratulations to the Kansas City Chiefs. From all accounts, it was a pretty epic game. And, of course, there are those commercials. Many great ones, but one quick note about one of, well, “professional interest” for me.The TurboTax campaign (“Don’t...

Can a Federal Tax Lien of Wages Affect Your Atlanta Job?

Owing a big debt to the IRS tends to bring a lot of fear, which is normal and even a somewhat healthy response. Fear can lead to action. And taking action means you avoid the hammer the IRS would bring down on you if you chose to do nothing instead (think federal tax...

Atlanta 1040-Filer: How to Handle Crypto Assets on Returns

Now that we're into the first "full" week of February, things are truly heating up for us here at Tyrone, at least in terms of our communication volume. And no, we aren't replying to our emails using ChatGPT ... but I wouldn't be surprised if that happens at...

Harps’s Private Foundations as Giving Strategies

Things have certainly picked up for us here at Express One Financial Services … we can already tell that we will be quite busy from now until April .Regardless, just a little bump that it would be a very good idea to get on our calendar as soon as you’re...

Atlanta Businesses Facing EIDL Repayment

It’s February 2020. Your Atlanta business is thriving thanks to the uptick in the economy in 2019, and this year looks to be one of possibility and growth. Then, March 2020 rolls in. A rampant virus spread brings lockdowns nationwide, and your business begins to...

What You Need for Your Atlanta Tax Appointment

If you were watching football this weekend, you likely noticed TurboTax’s “personalized service” ads. Their timing was impeccable… if not slightly annoying – who wants to think about taxes while on the edge of your seat during a playoff game?The allure of big brand...

The TAS: Another Atlanta Taxpayer Advocate

The new year should be a time of joy. It’s like a fresh start… for some.But if you’re facing tax problems, anxiety about money owed to the IRS, audit situations, etc. can overshadow the new year euphoria. Pile on that the impending reality of facing yet another year’s...

Paying Bills in 2023: Tyrone Harps’s Tips

Last week, the IRS announced the "official" beginning of the 2023 tax season – January 23. That's the date that they start accepting electronically filed returns. (Yes, some Atlanta people really do file their taxes this early.) This is the start of the show here...

4 Financial Goals Atlanta People Can Reach in 2023

I want to help you today. With your resolutions, that is.You see, if you take a look at the most common resolutions (lose 20lbs, work out more, quit smoking, read more & watch less, etc. etc. etc.) they’re all pretty similar – you might as well get out last year's...

2023 Tax Strategies Atlanta Taxpayers Should Make Now

Resolutions? Really?It’s kind of what you do in January — new year, new goals, new me … right?Well, as someone who’s made resolutions and failed to keep them over many years, I’m all about focusing on what I know is doable. As your Atlanta tax pro, I’m of course...