Tax Law

Tax Law is separated into two separate fields of taxation income tax, which separated into Federal Tax and State Tax and involves the taxation of income earned or acquired through personal and professional efforts.  The other is property tax, which are paid on any property, acquired or owned by the individual or business and is paid to the state and local government.  In addition to personal income tax and property tax there is sales tax, gift tax, corporate tax, inheritance tax, capital gains tax, and a myriad of other kinds of taxation programs.  State taxes are individual for each state and you should seek the assistance of a tax professional in your local area to make sure that you are complying with the regulations and rules that apply in your local jurisdiction.  Some states do not have a local state income tax, however all residents and citizens of the U. S. are subject to federal income tax.  Federal Income tax became law in 1913 when the Sixteenth Amendment to the United States Constitution was ratified.  The more assets an individual owns, unfortunately, the more complicated the tax law becomes.

Congress is the branch of government responsible for assessing the tax code and writing tax laws, which eventually become part of the tax code.  The Internal Revenue Service (IRS) is charged with interpreting the tax code.  The IRS is a branch of the U.S. Treasury Department, with headquarters in Washington, D.C., and is ruled by a commissioner appointed by the President.  Regional commissioners, district directors, and political appointees, oversee IRS operations.

Tax Lawyers

Our Taxation Lawyers are always ready to work with you and to solve any tax problems you may have.  Our qualified and savvy tax attorneys have the skill and knowledge of the tax laws that you need on your side when confronting the Internal Revenue Service (IRS) or for any tax related issues.

The Taxation and Tax Law topics below can have a major impact on your taxes:

  • 401(k) Plans
  • Annuities
  • Bankruptcy
  • Charitable Contributions
  • Corporation Taxation
  • E-Commerce Taxation
  • Tax Accounting
  • Internal Revenue Code
  • Tax Benefits for Education
  • Job Loss
  • Child Tax Credit
  • Community Property
  • Divorce or Separation
  • Innocent Spouse Relief
  • Home Mortgage Interest

 

The IRS has issued new guidelines for small business and self-employed individuals as well as new guidelines for the examination of Large and Mid-Size Business (LMSB).  The tax laws change continuously and you could be paying an inadequate amount of taxes if you are not up-to-date on the latest changes in the tax laws.  One of our capable and practiced tax attorneys will make sure that you are paying the right amount and that you are taking all the deductions you are allowed under the law.  The changing laws do create problems for some people that might not pay everything they owe because of misunderstanding or exemptions that might have been applied incorrectly.  If you are facing an IRS audit or need legal representation for tax related issues, contact one of our tax lawyers for professional representation you can trust.

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