Incentive Insider

In Georgia, the Department of Revenue oversees collecting and enforcing many of the State’s taxes, including income tax. This includes conducting audits in personal and business returns. If the Georgia Department of Revenue is auditing your return, here are three things you should do.

What to do if you made a mistake No one is perfect. We all make mistakes. This rule certainly applies to taxes and is only compounded by the fact that you are often at the mercy of third parties to send you the information in a timely and accurate manner.

I regularly get questions from individuals that have been assessed an additional tax, either from an audit or just a notice with little explanation. The letter makes it sound like there is they have no choice but to pay.

Getting audited by the IRS is a stressful event in the best of circumstances. When you get a letter from the IRS, it can be hard to know how what you should do or how to respond.