Best Tax Attorneys in Southfield

FAQs

• Where does the Tax Court hold trial sessions closest to Southfield, Michigan?

  The Levin U.S. Courthouse, located at 231 W. Lafayette Boulevard, Detroit, MI 48226, is the closest location to Southfield where the Tax Court conducts trial sessions.

• Where is the low-income taxpayer clinic that is closest to Southfield, Michigan?

  The Accounting Aid Society LITC, situated at 3031 West Grand Blvd, Suite 470, Detroit, Michigan 48202-3194, is the nearest low-income taxpayer clinic to Southfield.

• What kind of support is available to Southfield homeowners who are struggling with past-due property taxes?

  For homeowners in Southfield who are confronting financial distress and are unable to pay their back taxes, the "Step Forward Michigan Loan Rescue Program for Property Tax Assistance" is an available resource. This is provided to individuals residing in their own houses, with outstanding taxes, and holding less than 1.5 times their yearly property tax bill in cash reserves. The program can alleviate delinquent property tax debts up to $30,000.

• What happens when property taxes are not paid in Southfield?

  In Southfield, unpaid property taxes trigger an immediate tax lien. The lien, prioritized over all other claims, applies to real and personal property. This lien ensures that any proceeds from a property sale first satisfy the tax debt. Excluding retail sales, transfers of personal property don't extinguish the lien, which gets filed with the county Register of Deeds or the Secretary of State.

• What is the advised duration for Southfield residents to keep their income and expense documents for tax purposes?

  For Southfield residents, federal law dictates the retention of income and expense records for at least three years. A significant underreporting of income, at least 25% or more, may necessitate an IRS review of up to six years' worth of records. In circumstances of suspected fraud or absent tax returns, there isn't a restriction on the review period, implying indefinite document retention could be necessary.

• How can a disabled veteran secure a property tax exemption in Southfield?

  A disabled veteran in Southfield can secure a property tax exemption by submitting an affidavit with the required details and homestead description to the local assessing officer between tax day and the local board of review's final adjournment. The tax break continues for an un-remarried surviving spouse, who must also meet these criteria. The resulting tax loss is absorbed by the local taxing unit.

• What options do individuals in Southfield have to address a tax liability notice or refund adjustment from the Michigan Department of Treasury?

  Individuals in Southfield confronted with a tax liability notice or refund adjustment from the Michigan Department of Treasury have several methods to address the issue. These comprise submitting an offer in compromise to possibly lessen their total tax debt, initiating an informal conference to articulate their perspective, or opting for alternative dispute resolution to propose a settlement for the remaining debt.