Fricke & Associates Atlanta Tax & Accounting Blog

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April 18, 2019

What to do if you receive a letter/notice from the IRS or GDOR

It’s the last thing you want to see after filing your taxes, especially if you were one of many Americans who found themselves owing the IRS money this year. Don’t worry if you receive one of the millions of notices and letters the IRS sends to taxpayers every year, but […]
April 4, 2019
15 circled with text, "Taxes Due."

Thinking about Filing Late? There Are Penalties to Consider

Tax season lasts from January to when taxes are due mid-April. While this may sound like plenty of time to prepare a tax return, millions of people file their tax returns late each year. It may seem like there’s not a good excuse for not filing your taxes on time […]
March 21, 2019
compilation of words associated with nonprofits

Nonprofits & the 2019 Tax Code

At the end of 2017, President Donald J. Trump signed the Tax Cuts and Jobs Act, which led to the most comprehensive overhaul of the U.S. Tax Code in over thirty years. The overhaul impacted almost every United States citizen and organization, including nonprofits and their generous donors. Most braced […]
March 13, 2019
tax refund form money

2019 Tax Update: Higher Refunds for Fewer Filers

It’s only been a little over six weeks since the longest shutdown of the United States federal government ended, leaving many taxpayers anxious in its wake as they began to file their taxes for the first time since the Tax Cuts and Jobs Act’s massive tax code overhaul went into […]
February 22, 2019

Extensions for Tax Filing: What Are They and When Do You Apply?

An extension to file a tax return allows an individual or business extra time to file their tax forms and paperwork. This request grants an extension of up to six months and is due before the common tax due date of April 15th for individuals and March 15th for businesses. […]
February 14, 2019

How Will the 2018 Tax Cuts and Jobs Act Affect Tax Returns?

If there’s one thing that you should know about the Tax Cuts and Jobs Act (TCJA), it’s that it will affect all taxpayers. The wide-ranging modifications are specific to income and types of deductions, and the details are best handled by a qualified CPA. However, that doesn’t mean you can’t […]