Best Tax Attorneys in Franklin

FAQs

• Where does the Tax Court hold trial sessions closest to Franklin, Tennessee?

  The Estes Kefauver Courthouse at 110 9th Ave S, Nashville, TN 37203, is the nearest location to Franklin where the Tax Court conducts its trial sessions.

• Where is the low-income taxpayer clinic that is closest to Franklin, Tennessee?

  The closest low-income taxpayer clinic to Franklin is The Tennessee Taxpayer Project located at 575 Oak Ridge Turnpike, Ste #201, Oak Ridge, TN 37830.

• What are a few typical factors that might lead the IRS to consider an audit reconsideration request in Franklin?

  The IRS considers audit reconsideration requests in Franklin based on factors such as non-participation or non-response during the initial audit, new information provided by the taxpayer, disagreement with the original assessment, or missed correspondence due to relocation. After filing a claim, the IRS may accept or reject the requested changes. The taxpayer may submit an administrative appeal with the IRS Office of Appeals if the claim is denied.

• What are the requirements for qualifying for innocent spouse relief in Franklin?

  In Franklin, taxpayers need to meet four conditions to qualify for Innocent Spouse Relief. First, the jointly filed tax return must have an understatement of tax liability. Second, the taxpayer must demonstrate his or her lack of awareness regarding this understatement at the time of filing. Third, it must be deemed unfair to hold the taxpayer responsible for the resulting shortfall. Fourth, neither the taxpayer nor his or her spouse should have been involved in any fraudulent activities related to the transfer of property.

• What happens during a tax audit in Franklin?

  During a tax audit in Franklin, you can expect that the auditor will ask for documentation regarding the expenses and deductions you have claimed given that many individuals attempt to manipulate business write-offs to reduce their tax liability. Any prior tax problems are likely to be uncovered during the audit, so it is critical to be open and honest with the attorney you choose to represent you.

• Is it necessary for the IRS to obtain a court order to initiate wage garnishment in Franklin?

  No. The IRS can start a wage garnishment in Franklin without going to court, unlike private creditors such as mortgage lenders or credit card firms who need court approval. The IRS usually communicates openly with you before beginning to deduct money from your paycheck. Generally, a final notice of intent to levy or a notice of a federal tax lien is sent to you via mail.

• What could be the reasons for an individual in Franklin to make an excessive tax payment?

  Franklin residents may overpay taxes due to reasons like overlooking income changes when making estimated tax payments or excessive employer deductions. Events in life, such as having a kid, can impact taxes and potentially lower the owed amount. As soon as they are made aware of the excess, the IRS typically refunds overpaid amounts. It is recommended to involve a lawyer and accountant to amend and update the return if the overpayment resulted from a tax return issue.