Best Tax Lawyers St. Petersburg, FL

St. Petersburg, FL Tax FAQs

• Where does the Tax Court hold trial sessions closest to St. Petersburg, Florida?

  The nearest tax court to St. Petersburg is in Tampa. Trials are held in Room 1201 of the Timberlake Federal Annex at 501 East Polk Street, Tampa, Florida (33602).

• Where is the low-income taxpayer clinic that is closest to St. Petersburg, Florida?

  The Bay Area Legal Services provides Low-Income Taxpayer Clinics. Its office is located at 4948 Central Avenue, St. Petersburg, FL 33707, and its contact number is 727- 490-4040. Their Legal Aid Line is at 800-625-2257.

• How can an offer-in-compromise agreement benefit a taxpayer in St. Petersburg?

  Through the IRS Restructuring Act, there will be no liens and levies imposed on a taxpayer while the offer-in-compromise is processed. This is also applicable 30 days after an offer is rejected or during OIC appeals. Taxpayers in St. Petersburg can have the time to raise funds while preventing their assets from being seized.

• What kind of taxes in St. Petersburg can be covered under the voluntary disclosure program?

  Taxes collected by the Florida Department of Revenue are covered under the voluntary disclosure program in St. Petersburg; these taxes include but are not limited to, communication services, prepaid wireless fees, corporate income, and sales and use. Re-employment, fuel, and Local Option Tourist Development Taxes are also covered. Should you need more information, talk to the Department's Voluntary Disclosure Unit at 850-617-8552.

• What happens when the IRS imposes a levy on a bank account in St. Petersburg?

  As soon as the bank is notified of the levy, the bank account in St. Petersburg will be frozen for 21 days. The account owner must call and negotiate with the IRS within 21 days so that the levy will not push through. A levy is a method employed by the IRS to collect an unpaid debt.

• What does receiving Form 1099-C mean for a taxpayer in St. Petersburg?

  When you receive Form 1099-C in St. Petersburg, it means you have $600 or more debt that was canceled. Situations such as this usually happen when your car is repossessed, a credit card company erases some part of your debts, or your property is foreclosed. The company that canceled your debt is required by the IRS to send this form to notify you because the debt is taxable to you.

• How can you apply for exemptions to reduce your property taxes in St. Petersburg?

  Contact the staff of the Pinellas County Property Appraiser Office at 727-464-3207 or send them an email to mike@pcpao.gov. You can also visit the office at 2500 34th Street North, 2nd Floor, St. Petersburg, FL 33713. Applications can be done online as well. Programs such as Save Our Homes and Homestead Exemption may help you save money on your property taxes.