Best Tax Attorneys in Elk Grove

FAQs

• Where does the Tax Court hold trial sessions closest to Elk Grove, California?

  The Tax Court holds trial sessions for Elk Grove tax cases in Los Angeles. The office is located at Rooms 1167 & 1174 Edward R. Roybal Center & Federal Building 255 E. Temple Street.

• Where is the low-income taxpayer clinic that is closest to Elk Grove, California?

  The nearest low-income taxpayer clinic in Elk Grove is the Bet Tzedek Legal Services Tax Clinic. You may call 323-939-0506.

• When will you receive your tax refund in Elk Grove?

  You will receive your tax refund in Elk Grove, depending on how you filed your return. If you file a paper return, the Internal Revenue Service should issue your refund check within six to eight weeks. If you choose to receive your refund through direct deposit, you should receive it within seven days. Your refund should be issued in two to three weeks if you use an e-file.

• What happens to your physical assets in Elk Grove after the IRS takes them?

  Your physical assets in Elk Grove that have been taken by the Internal Revenue Service are offered at auctions. The IRS sells them for half their original value, so they often take everything you own. These assets include cars, motorcycles, pieces of jewelry, homes, retirement funds, and insurance policies. This usually happens if taxpayers do not settle their back taxes.

• If you live in another state and have a business in Elk Grove, are you obliged to pay California taxes?

  Yes. You must pay California taxes if you live in another state and have a business in Elk Grove. You might have tax obligations with more than one tax agency in the state. You can work with a lawyer to represent you before tax authorities, including the California Department of Tax and Fee Administration, California Franchise Tax Board, and California State Board of Equalization.

• Is it important to audit financial statements in Elk Grove?

  Yes. It is important to audit financial statements in Elk Grove because it provides the highest level of assurance. Through financial statement auditing, taxpayers can determine whether their financial statements are free of material misstatements. It allows individuals and businesses to comply with banking covenants and avoid penalties and interest.

• Who are eligible to use installment agreements in Elk Grove?

  Installment agreements can be used by individuals or businesses that need to pay $50,000 in tax debts. They need to settle their back taxes for six years. They can also set up a certain amount of money and use direct debit to pay their debts monthly. Taxpayers may also use a short-term payment agreement where they can settle their debts for 120 days.