Best Tax Lawyers San Mateo, CA

San Mateo, CA Tax FAQs

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

  San Francisco is the closest location for Tax Court trial sessions to San Mateo, California. The San Francisco Tax Court Trial Session is at 450 Golden Gate Avenue. Tax trial sessions are held specifically in room 4228.

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

  There are three closest low-income taxpayer clinics to San Mateo, California, in San Franciso. These are the Chinese Newcomers Service Center, Justice and Diversity Center of the Bar Association of San Francisco, and UC College of Law LITC.

• Why is it essential to hire a tax attorney during an audit in San Mateo?

  Hiring a tax attorney during an audit in San Mateo is essential for several reasons. A tax attorney possesses the expertise to navigate the complexities of tax laws effectively. They can leverage their knowledge to capitalize on errors or use their advice to reduce penalties. Having a tax attorney provides a fresh perspective to auditors and increases the chances of achieving a favorable outcome.

• Do you need to report inheritance from a foreign country to the IRS in San Mateo?

  Yes. Reporting an inheritance from a foreign country to the IRS in San Mateo is necessary. It is essential to be aware of the reporting requirements and comply accordingly. Seeking professional guidance and consulting with a tax attorney can help ensure that you accurately report your foreign inheritance, avoiding potential issues with the IRS.

• What is the timeline for appealing your tax court case in San Mateo?

  To appeal a tax court case in San Mateo, you must file a Notice of Appeal within 90 days of the date the Tax Court enters its decision. This deadline is crucial, so count from the correct date. The opinion and decision documents may have different dates, so check both. The IRS may appeal the decision if you win on some issues but lose on others. If they do, you will have 120 days to file your appeal.

• Will the IRS be able to collect the taxes you owe while your appeal is pending in San Mateo?

  Yes. The IRS can collect the taxes you owe while your appeal is pending in San Mateo. However, you can delay payment by filing a Notice of Appeal and posting a bond. The Tax Court determines the bond amount, which cannot exceed double the tax deficiency. You can also consider negotiating an installment payment agreement. It is always best to seek early assistance with an appeal, as this will increase your chances of a successful resolution.

• What to do if you're being investigated by the IRS in San Mateo?

  Being investigated by the IRS in San Mateo can be stressful and have serious consequences. Hence, seeking legal counsel is vital to protect your rights and navigate the complex process. A lawyer can assess your situation and determine if you are the target of the investigation. They will also help you understand your rights and options and represent you in discussions or negotiations with the IRS.