Best Tax Attorneys in Norwalk

FAQs

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

  The closest court to Norwalk where the Tax Court holds trial sessions is in Edward R. Roybal Center & Federal Building located at 255 E. Temple Street, Los Angles, Rooms 1167 and 1174.

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

  The low-income taxpayer clinic that is closest to Norwalk is at Pepperdine University LITC, located at 3727 West 6th Street, Suite 300, Los Angeles.

• Should dual citizens in Norwalk fulfill their tax obligations even if they live in another country?

  Yes, dual citizens in Norwalk should fulfill their tax obligations even if they live in another country. In such cases, they fall in the category of nonresident aliens and must submit Form 1040NR. However, if an individual decides to drop their residency and is considered a long-term resident, they might be liable for a specific tax known as the expatriation tax, outlined in section 877A of IRC § 7701(b)(6).

• Can the government track taxpayers in Norwalk and their assets by obtaining their tax information from the IRS?

  Yes, the government can track taxpayers in Norwalk and their assets by getting their tax information from the IRS. It can also access the records of individuals who left the city. Some of the information it can share are audit outcomes, employment tax particulars, and federal individual and business return information.

• What options are available for Norwalk residents who are unable to pay taxes?

  Norwalk residents who are unable to pay taxes can apply for an online payment agreement. However, this is only for individuals who have a tax debt of $50,000, including tax, penalties, and interest, and businesses with a maximum debt of $25,000. Additionally, taxpayers can apply for an installment plan, a temporary payment delay, or an offer in compromise.

• Who are eligible to apply for an offer in compromise in Norwalk?

  Individuals who have fulfilled their tax obligations, including completing the necessary forms and paying the required amount, and are not currently undergoing bankruptcy proceedings, may be eligible for an offer in compromise. Employers who have consistently made regular tax deposits over the past two quarters may also qualify. This option allows them to potentially settle their tax debt for a reduced amount compared to what they owe.

• What are the penalties for tax evasion in Norwalk?

  If someone commits tax evasion in Norwalk, they can be sentenced to jail for up to one year in either a county or state jail. They may also be subject to a maximum of $20,000 fine. Additionally, the state can demand them to pay their taxes and put a legal claim on their property until the debt is settled. If they are unable to pay, their property can be taken as compensation.