Best Tax Attorneys in Staten Island

FAQs

• Where does the Tax Court holds trial sessions nearest to Staten Island, New York?

  Nearest to Staten Island, Tax Court trials take place at Rooms 206 and 208 of the Javits Federal Office Building, 26 Federal Plaza, New York City, NY 10278.

• Where is the low-income taxpayer clinic that is nearest to Staten Island, New York?

  The low-income taxpayer clinic nearest Staten Island is located in New York City. You may visit the Fordham Law School, Mobilization for Justice, and The Legal Aid Society LITC.

• How soon should you pay your tax bill in Staten Island?

  Once you have received a CP501 notice from the IRS in Staten Island, you are required to pay your tax bill in full by the due date on the notice or face penalties and interest. In most cases, you're given 21 days from the notice's issuance date to comply. If you cannot make full payments or disagree with the tax debt, you may contact the IRS directly or abide by the directives on the notice.

• If you reside on Staten Island but have a job in another state, do you have to pay income taxes in both places?

  Yes. You will have to file income tax returns in Staten Island, where you live, and the state where you work. This is because your home state does not have reciprocity agreements with other states. The income tax reciprocity agreement only works between the states that have signed it, allowing the workers working and living in different states to pay taxes only in the state where they reside.

• To whom applies the death tax in Staten Island?

  The death tax affects Staten Island individuals with assets exceeding $11.18 million and spouses with joint estates worth more than $22.36 million. This pertains to their finances, properties, and possessions, such as artworks, heirlooms, and furniture. When the person passes on, their beneficiaries must pay taxes equaling up to 40% of your estate’s value.

• What misconduct constitutes tax fraud in Staten Island?

  Tax fraud in Staten Island constitutes the following willful misconduct: a. Failing to submit the required tax reports or returns; b. Failing to remit or pay taxes due; c. Filing tax documents with false or fake information; d. Claiming falsified tax deductions and exemptions; e. Scheming to cheat the state tax law.

• What penalties may you face if you are a day late to file your tax return in Staten Island?

  You are subject to a 5% failure-to-file penalty if your tax returns are one day late in Staten Island. This penalty will be levied once a return is submitted, whether by yourself or the IRS. The failure-to-file penalty is only assessed for the first five months you are late. After your return is more years overdue, you may face loss of refund, penalties of up to 50% of your unpaid tax bill, and collection actions, such as tax liens, wage garnishments, or levies.