Best Tax Lawyers in Gainesville

FAQs

• Where does the Tax Court hold trial sessions closest to Gainesville, Florida?

  The United States Tax Court holds trial sessions for Gainesville tax cases in the courthouse in Jacksonville. The complete address is Room 6A, United States Courthouse, 300 North Hogan St., Jacksonville, FL 32202.

• Where is the low-income taxpayer clinic that is closest to Gainesville, Florida?

  Gainesville has one low-income taxpayer clinic, which is the University of Florida LITC. Individuals may contact the clinic at (352) 273-0800.

• Will your bank immediately send your money to the IRS in a tax levy case in Gainesville?

  If you are facing a tax levy with the IRS in Gainesville, your bank will not immediately send your money to the IRS. Banks are required to wait 21 days before they can transfer your money to the IRS. This gives you some time to resolve your tax disputes with the IRS. Consult an experienced tax attorney if you are facing this issue.

• Do you need to hire a tax attorney to negotiate your tax problem with the IRS in Gainesville?

  Not necessarily. However, negotiating your tax disputes with the IRS on your own in Gainesville is risky. Hiring an experienced tax attorney can help you navigate the complexities of the tax law, determine the most suitable course of action for your tax dispute, and protect most of your financial assets possible throughout the process.

• How does an offer in compromise work in Gainesville?

  If an individual taxpayer in Gainesville fails to pay their tax debt due to certain circumstances, they may consider filing an offer in compromise with the IRS. In this case, the IRS may accept a portion of the tax debt and allow the taxpayer to resolve their tax dispute under certain circumstances.

• How does the IRS compute penalties for late filings of tax returns in Gainesville?

  If a taxpayer fails to file or pay their tax returns in Gainesville on time, the IRS will charge the taxpayer a combined penalty. The combined penalty, which is equivalent to 5.5% of the unpaid tax for each month that the taxpayer failed to file or pay their taxes, is calculated by adding the monthly penalty of 5% for late filings and the monthly fine of 0.5% for late payments.

• How much time does it take for an offer in compromise to be granted by the IRS in Gainesville?

  In most cases in Gainesville, an offer in compromise gets approved by the IRS within six to 12 months. Some cases may take as long as 18 to 20 months, depending on the circumstances. The approvals may take longer, especially if the initial petition was rejected, and must be escalated to the District Court of Appeal.