Best Tax Attorneys in Denton

Frequently Asked Questions

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

  Denton does not appear to have a specific tax court assigned to it, though the closest one is in Dallas, Courtroom 726, 7th floor, Earle Cabell Fed. Bldg. & U.S. Cthse., 1100 Commerce Street (75242).

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

  The North Texas Low Income Taxpayer Clinic is at 400 South Carroll Boulevard, Suite 1000, Denton, TX 76201-76201, United States. The phone number is 940-566-5851 ext. 111.

• Why is estate planning important for tax minimization in Denton?

  Estate planning is valuable for tax minimization in Denton because reducing the size of an estate when the testator passes greatly reduces the taxes owed. Putting as much of the assets in a trust prevents the payment of gift taxes since the transfer is not seen as a donation. This adds up because even if Texas has no state tax on gratuities, these exist on the federal level.

• How is a taxpayer in Denton supposed to pay back taxes that are excessive in amount?

  A taxpayer in Denton can pay back overdue taxes using various alternative payment methods. A partial payment plan is an option, as is an offer in compromise. The latter is available if the party cannot pay back the dues and has been submitting returns religiously. A lawyer can also dispute the propriety of an assessment.

• Is there a state income tax applicable in Denton?

  No, there is no state income tax applicable in Denton. The metro is in Texas, which does not impose an income tax of its own, leaving the federal dues as the only ones applicable. Instead of taxing money when it is made, the jurisdiction instead taxes consumers when they spend money by imposing sales taxes.

• What are the usual triggers in Denton for a criminal tax investigation?

  In Denton, the usual triggers for a tax investigation range from federal tax audits that reveal traces of fraud to referrals from law enforcement officers working an active case. Auditors may catch on to deliberately incorrect entries designed to make one's income appear smaller than it is, and evidence that looks like money laundering also sets off alarms.

• In Denton, what is the difference between a tax appeal and an appeal before the federal courts?

  In Denton, a tax appeal is usually an internal process within the IRS. The taxpayer notifies the service of mistakes in the audit process, and the latter assigns an independent organization within itself to investigate. This gives the collection agency a chance to correct itself before resorting to the judiciary. An appeal to the federal court happens in the judicial branch, not the IRS.