Best Tax Attorneys in Pasadena

FAQs

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

  The tax court that holds trial sessions nearest Pasadena is the Los Angeles Court, which is located at the Edward R. Roybal Center & Federal Building, Rooms 1167 & 1174, 255 E. Temple Street (90012).

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

  The nearest low-income taxpayer clinic in Pasadena is the one in Los Angeles, which is located at 3727 West 6th St., Suite 300, Los Angeles, CA 90020. You can contact the clinic at (213) 365-7400.

• What are some instances in Pasadena where tax reassessment isn't necessary?

  In Pasadena, there are specific circumstances in which a tax reassessment is exempted by law. Examples include the passing of ownership from a parent to a child or the other way around. Another exception is made when a property is transferred from a sole proprietor to an LLC or partnership. California law also allows for an exemption when a property is transferred from a single owner to a living trust.

• What does an offer in compromise mean in Pasadena?

  An agreement established between a taxpayer and the IRS to resolve the taxpayer's tax burden outside of court is referred to as an offer in compromise in Pasadena, just like in other jurisdictions in the United States. Under certain circumstances, the IRS is permitted to accept less than the full payment of federal tax due.

• What happens once an offer in compromise in Pasadena is accepted by the IRS?

  You normally have up to 90 days or two years to complete the payment for the agreed-upon sum after the IRS authorizes your offer in compromise in Pasadena. There will be no more back taxes owed after the IRS receives the payment and releases any tax liens related to the unpaid obligation.

• What does owing back taxes mean in Pasadena?

  If you owe back taxes in Pasadena, it means you might not be able to pay the full amount you owe all at once. You and your tax attorney must evaluate your returns to ensure that you are responsible for the back taxes you are being charged with. In this situation, your lawyer will also assist you in communicating with the IRS to create a plan that makes paying back taxes simpler to handle.

• In Pasadena, what are the measures that the IRS takes for you to pay taxes?

  Wage garnishment is one of the methods used by the IRS to compel you to pay taxes or back taxes in Pasadena. This method reduces or eliminates your payment. To prevent this, you must negotiate with the IRS before it begins garnishing your salary. This is a type of tax resolution where you have to demonstrate to the IRS that you can pay what you owe without them having to step in and seize your money right away.