Best Tax Lawyers El Monte, CA

El Monte, CA Tax FAQs

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

  The nearest tax court to El Monte is located in Edward R. Roybal Center & Federal Building, Rooms 1167 and 1174, 255 E. Temple St. Los Angeles, CA 90012.

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

  The nearest low-income taxpayer clinics to El Monte are the Bet Tzedek Legal Services Tax Clinic and the KYCC Low Income Taxpayer Clinic in Los Angeles, CA.

  Bet Tzedek Legal Services Tax Clinic 3250 Wilshire Blvd., 13th Floor Los Angeles, CA 90010 Phone: (323) 939-0506

  KYCC Low Income Taxpayer Clinic 3727 West 6th St., Suite 300 Los Angeles, CA 90020 Phone: (213) 232-2700

• Can you still make changes to your tax return in El Monte if you made a mistake?

  Yes. You must file a separate Form 1040-X for each tax year in which you want to amend your return. If you change your filing status, enter incorrect income, or make an error in the credits and deductions you claim, you may need to amend your tax return. Before submitting your amended tax return, you should consult with a local tax attorney in El Monte to ensure its accuracy.

• How long do you have to pay your back taxes in El Monte after your Offer in Compromise request is approved?

  You may be given anywhere from 90 days to two years to repay the agreed-upon amount in your Offer in Compromise. Once you complete the payment, tax liens on your assets will be released, and you will no longer owe back taxes. If you have questions about the terms of your Offer, a tax attorney in El Monte can help.

• What should you do if you received an IRS notice in El Monte?

  The IRS should explain what the notice is for, what information is required from you, and when you should respond. You usually have 60 days from the date of the notice to respond to the IRS. An El Monte tax attorney can assist you in evaluating the notice and responding appropriately. If your response does not resolve the issue, you must file a petition with the tax court within 90 days of receiving the notice.

• How long will your IRS tax audit last in El Monte?

  In El Monte, tax audits have a three-year statute of limitations. This deadline runs from the date you filed the relevant income tax return. So, if you filed your tax return on February 21, 2023, the IRS must complete the audit no later than February 21, 2026. Audits on tax returns more than two years old are not permitted unless fraud is suspected. The three-year limit may be extended if there is fraud or if you underreported your income over 25%.

• Can you go to prison for tax fraud in El Monte?

  Yes, if you are convicted of criminal tax fraud. You face up to five years in prison and a fine of up to $500,000. It is important to note that not being convicted of a crime does not absolve you of all responsibility. You could still face a civil penalty of up to 75% of your unpaid tax liabilities if you commit fraud. To mitigate the consequences of tax fraud, you should hire an experienced El Monte tax attorney.