Best Tax Attorneys in Inglewood

FAQs

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

  The Tax Court holding trial sessions closest to Inglewood is in Rooms 1167 and 1174 of the Edward R. Roybal Center & Federal Building at 255 E. Temple Street in Los Angeles.

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

  Inglewood is a city in southwestern Los Angeles County. There are three low-income taxpayer clinics in Los Angeles: the Bet Tzedek Legal Services Tax Clinic at 13th floor, 3250 Wilshire Blvd.; the KYCC Low Income Taxpayer Clinic at Suite 300, 3727 West 6th Street; and the Pepperdine University LITC at 545 San Pedro St.

• Can you file bankruptcy when you owe unpaid federal and state taxes in Inglewood?

  Yes, you can file bankruptcy even when you owe unpaid federal and state taxes in Inglewood, but there are several conditions. You can file bankruptcy depending on the type of taxes you owe. If you owe income taxes or property taxes, you can be eligible for discharge in Chapter 7 Bankruptcy and a partial discharge in Chapter 13 Bankruptcy. You cannot file a bankruptcy petition to erase your taxes if they were due at least two years ago.

• Are there any consequences if you didn't file tax returns in Inglewood for the last 10 years?

  Failing to file tax returns in Inglewood may result in you having to face IRS penalties and interest from the date your taxes were due. You may also have difficulties applying for a passport, mortgage, or healthcare insurance, as tax returns are a crucial part of the required documents. Furthermore, an attempt to evade taxes can be punished by up to five years in prison and up to $250,000 in fines under Internal Revenue Code § 7201.

• Will you go to prison if you do not file your taxes in Inglewood?

  In Inglewood, tax evasion is punishable by up to one year in county jail or state prison. You may also be required to pay fines of up to $20,000. Under California law, you may need to pay your back taxes. In addition, the law will place a lien on your property as security until you pay taxes. This means that the state will seize your property if you are unable to pay what you owe. The worst thing is being included in a publicly searchable database of delinquent taxpayers, which negatively affects your credit rating and ability to get a job or buy property.

• How do you become eligible to file for an Offer in Compromise in Inglewood?

  An Offer in Compromise (OIC) is an agreement made between the Internal Revenue Service (IRS) or the Franchise Tax Board (FTB) and a taxpayer to pay off tax debt for less than the amount that the taxpayer owes. To be granted an OIC in Inglewood, the taxpayer must lack the financial capacity to pay the full tax debt "now or in the foreseeable future." You may be considered if you make a fair payment offer and can pay the amount within a reasonable amount of time. Other factors considered are your financial resources, if there are any foreseeable changes in your financial circumstances, and if the offer is in the state’s best interests.

• How long does it take for an Offer in Compromise in Inglewood to be approved?

  When you file for an Offer in Compromise (OIC) in Inglewood, you should be able to receive an acknowledgment letter within two to four weeks. The processing time may vary depending on each person's unique case. Generally, there should be results available within four to six months. It may take longer if the case is complex.