Best Tax Attorneys in Menifee

FAQs

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

  The closest location to Menifee, CA for tax trial proceedings is located at the Federal Building on 880 Front Street in San Diego, CA.

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

  The closest Low-Income Taxpayer Clinic (LITC) to Menifee, California is the Inland Counties Legal Services, Inc. (ICLS) LITC located in Riverside, California. While it may not be in Menifee specifically, Riverside is in close proximity and can provide assistance to low-income individuals in the area.

• What are the key tax obligations you should be aware of in Menifee, California?

  The key tax obligations for individuals and businesses include income tax, franchise tax, sales and use tax, and property tax. Several tax authorities collect these taxes and are distributed to the various entities the Auditor-Controller Division of the Department of Finance. For instance, income and franchise taxes are collected by the Franchise Tax Board, while sales and use taxes are collected by the Board of Equalization.

• What are the tax implications of starting a new business in Menifee, California?

  When starting a new business in Menifee, you need to obtain a seller's permit or retail sales tax number from the State Board of Equalization. They will be responsible for administering and collecting your sales and use taxes, gas, tobacco, and other taxes and fees. You also must obtain a tax ID number from the Franchise Tax Board. A federal tax ID number is also required and will be issued to you by the Internal Revenue Service.

• How can you and your Menifee business ensure compliance with both federal and California state tax laws?

  Individuals and businesses must comply with both federal and California state tax laws. It's advisable to consult with a qualified tax attorney or tax advisor who specializes in federal and California state tax laws. They can provide you with accurate and up-to-date information, help you understand your obligations, and assist with tax planning strategies.

• What should you do if you are being audited in Menifee, California?

  If you or your business are being audited, it is crucial to consult with a tax attorney who can guide you through the process, help prepare your defense, and represent you before the tax authorities. You must also get the necessary documents, such as income/payroll records, bank statements, employee registers, and more to support your defense.

• Are Social Security benefits taxable in Menifee, California?

  Social Security benefits are generally not subject to state income tax in California, but the federal government may impose taxes depending on your combined income, pensions, and investments. If your combined income exceeds certain thresholds set by the IRS, a portion of your Social Security benefits may become subject to federal income tax.