Best Tax Lawyers in Abilene, TX

FAQs

• Where does the Tax Court hold trial sessions closest to Abilene, Texas?

  The place of trial nearest Abilene is the United States Tax Court in Lubbock. However, the court does not have a permanent courtroom, and the address is only listed on trial notices. The next nearest tax court is at the Earle Cabell Federal Building and U.S. Courthouse, 1100 Commerce Street, Dallas, Texas.

• Where is the low-income taxpayer clinic that is closest to Abilene, Texas?

  The low-income taxpayer clinic closest to Abilene is the Texas A&M University School of Law's Tax Dispute Resolution Clinic at 1515 Commerce Street, Fort Worth, Texas, 76102-6509.

• What is the current sales tax rate applied in Abilene?

  The Texas sales tax rate is currently at 6.25%. Abilene additionally levies a 2% tax rate. As a result, Abilene has a minimum combined 2023 sales tax rate of 8.25%. However, the precise street address to which the sales tax is applied also affects the rates, so this might still go up.

• What is the due date for settling property taxes in Abilene?

  In Abilene, the combined assessments from taxing units are delivered in October. The due date for this is February 1st of the following year. If you did not receive the assessment, you should contact the county assessor's office because unpaid tax bills can incur interest or late payment fees.

• What is the IRS auditors' search period for tax returns filed in Abilene?

  The statute of limitations for sales tax assessments in Texas, including Abilene, is four years from the filing deadline. This is defined in the 34 Texas Administrative Code 3.339(a). Furthermore, there is no statute of limitations if the tax was determined to be understated by 25% or more.

• Is it possible to postpone paying property taxes in Abilene?

  In Abilene, property tax payment delays are possible within certain parameters. These include a taxpayer 65 years or older or having a disability. Before submitting a petition for a suspended payment request, you must also obtain a homestead exemption. As long as the taxpayers live in the property, repayments are postponed. However, any fines, interest charges, and other fees associated with unpaid taxes remain in place.

• In Abilene, what happens if you don't pass the tax audit?

  If you don't pass an Abilene tax audit, the auditor will give you a report outlining your tax debt. If you believe there was a mistake, you can try negotiating an adjustment with the auditor. If that doesn't work, you have 30 days to file an official appeal with the state. You must agree to abide by the assessment if it is found to be accurate and pay back the taxes and penalties charged by the state.