Best Tax Attorneys in Decatur

FAQs

• Where does the Tax Court hold trial sessions closest to Decatur, Illinois?

  The Tax Court holds trial sessions for Decatur tax cases in Chicago. The office is located in Room 3908, Kluczynski Federal Building, 230 S. Dearborn Street.

• Where is the low-income taxpayer clinic that is closest to Decatur, Illinois?

  The nearest low-income taxpayer clinic in Decatur is the Legal Aid Chicago Low Income Taxpayer Clinic (LITC). The LITC is located at 123 Main Street, Chicago, IL 60601. Its phone number is (312) 341-1070.

• Who can be sued for tax fraud or evasion in Decatur?

  The IRS can sue individuals, certified public accountants, executives, and attorneys who have broken tax rules in Decatur. Tax fraud or evasion lawsuits can be filed against businesses or professionals who hide their assets, claim false deductions, do not report their cash wages, use another individual's Social Security number, and understate their income.

• Does tax debt forgiveness apply to anyone who has tax liabilities in Decatur?

  No, tax debt forgiveness does not apply to anyone who has tax liabilities in Decatur. Only businesses and individuals who cannot pay their tax debts immediately but can pay over time are allowed for this program. If you cannot really settle your tax debts even in installment payments, you are not qualified for tax debt forgiveness.

• Can your tax lien in Decatur be removed if your total debts owed to the IRS are equal to or less than $25,000?

  Yes, your tax lien in Decatur can be removed if your total debts owed to the IRS are equal to or less than $25,000. Your tax debts can be paid after 60 months or less using electronic bank direct debits. Your tax lien can also be deleted if the IRS granted you an offer in compromise. The lien can be automatically released if the 10-year statute of limitation on collection has expired.

• When should self-employed individuals pay their tax obligations in Decatur?

  Self-employed individuals must pay their tax obligations in Decatur on a quarterly basis. They can file their taxes using the Estimated Tax for Individuals Form 1040-ES provided by the IRS. The form can also estimate employees expected amount of income in the current year. Self-employed taxpayers can use Schedule C to file their annual tax returns and report all their income and expenses.

• When should you consider voluntary disclosure in Decatur?

  You might want to consider voluntary disclosure in Decatur if you have violated federal tax laws. You violated federal tax laws if you have failed to file FBAR reports and tax returns when due, as well as provided inaccurate information to the Internal Revenue Service. However, voluntary disclosure will not prevent you from being charged with criminal or civil penalties.