RECENT BLOG POSTS
 Do you have unfiled tax returns?  Check out our latest YouTube video on Missing Tax Returns:  3 Tips for the Non-Filer. Click here to go the YouTube Video:    https://youtu.be/8qXXTjOJz8M Questions?  Call or email.  Contact information is below.  Gary Massey, CPAMassey and Company CPAAtlanta, GA...
12/16/2018
Bankruptcy or Offer in Compromise: What is the difference? Check out our comparison of the pros and cons of bankruptcy and the offer in compromise program of the IRS. Click here for our article. Gary Massey, CPAMassey and Company CPAAtlanta, GAwww.masseyandcompanyCPA.com678-235-5460gary.massey@m...
12/09/2018
Atlanta entrepreneurs, do you own a cash-based business?  Are you worried about an IRS audit?  Check out our latest YouTube Video on the "Red Flags" to avoid in order to keep the IRS auditor away.  Click here to see our YouTube video: https://youtu.be/fClbWpq__cg  Gary Massey, CPA Massey and Comp...
12/06/2018
Looking to refinance?  And you have a tax lien? Loan Subordination can be an excellent solution for Atlanta taxpayers! Check out our latest YouTube Video on Loan Subordination for Taxpayers with Tax Liens. Click here to see our YouTube Video:  https://youtu.be/IlmdURZrdXo Gary Massey, CPAMassey a...
12/03/2018
 Sales tax and property tax are collectively known as "trust taxes," because they are held in trust by businesses for the government.   Failing to remit trust taxes to the government is one of the most common reasons that Atlanta businesses fail. Check out our recent YouTube video on this importa...
11/29/2018
The 2018 tax act impacted meals and entertainment deductions for businesses in a number of important ways.  Here are the big changes: Entertainment expenses - no longer deductible Meals at company parties, picnics and events - 100% deductible, as long as more than 50% of the people in attendance ...
11/25/2018
  I often work with individuals seeking relief from a tax liability that arose from a joint return filed with their spouse or former spouse.  There are several forms of tax relief available to the requesting taxpayer.  Innocent Spouse Relief The tax liability is attributable to an erroneous item ...
11/23/2018
  Atlanta to Amsterdam! The United States is the only major nation that taxes its citizens and legal residents on worldwide income.Even a person who leaves the U.S. and takes up residency in a different country must continue to file U.S. tax returns unless citizenship is renounced.Expats who file...
11/19/2018
Federal tax liens are one of the most powerful tools that the IRS has when trying to collect a tax debt.  Liens arise automatically by law once a taxpayer owes money and fails to pay it.   If the taxpayer owes more than $10,000 in taxes, the IRS will file a Notice of Federal Tax Lien.   The Notic...
11/15/2018
 If your business is being audited, the IRS is going to visit your office.  The auditor will be looking for anything strange, out of place or inconsistent with what is reported on your tax return.  These are known as "red flags."  Example of red flags include: the owner's luxury car or boat is pa...
11/12/2018
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Gary Massey, CPA

Atlanta's Small Business CPA
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