Best Tax Attorneys in Madison

Frequently Asked Questions

• Where does the Tax Court hold trial sessions closest to Madison, Wisconsin?

  The Tax Court holds trial sessions for Madison residents at the Federal Building and U.S. Courthouse, Room 498, 517 E. Wisconsin Avenue 53202.

• Where is the low-income taxpayer clinic that is closest to Madison, Wisconsin?

  The low-income taxpayer clinic serving Madison is Legal Action of Wisconsin LITC. You may call its office at 855-502-2468 or 414-274-3400.

• What will happen if you forget to make one of the payments of your property tax in Madison?

  In Madison, if you choose to pay for your property tax in installments, you must not miss any of the scheduled payments. If you do, you will be considered delinquent and you will no longer be able to postpone future installments. This means all of the tax you are due must be paid immediately. You will also be charged 1% interest and a .5% penalty for each month or portion of a month from the 1st of February, as calculated on your outstanding remaining balance.

• What is considered tax fraud in Madison?

  Tax fraud is a broad term used to refer to a wide range of tax-related crimes. Generally, though, tax fraud is one’s willful attempt to evade or defraud the IRS and Madison tax laws. Some examples of tax fraud are preparing and filing a false tax return, intentionally failing to file an income tax return, making false claims on one’s tax return, and knowingly failing to pay taxes.

• What does the IRS look for when they conduct an audit on you in Madison?

  When the IRS conducts an audit on you in Madison, they mainly investigate the accuracy of the finances you disclosed. Among the factors they look into are whether your lifestyle matches your income, if you are overstating any of your business expenses if you failed to report any income, or if you are passing off personal expenses as business expenses.

• What happens to your tax debt in Madison after a divorce?

  If you get a divorce and you have a joint income tax return with your ex-spouse, the Wisconsin Department of Revenue will honor the terms of your divorce decree, provided that you give them a copy of your complete divorce decree. Taxes aside from income taxes, including sales and withholding taxes, may be assessed against you and your former spouse individually, depending on the mandate on the divorce decree stating which individual will be responsible for the payment or how the payment will be shared.

• How does a tax warrant work in Madison?

  In Madison, a tax warrant serves as a lien against any real and personal property you hold in the county in which it was filed. The warrant, which is a public record of the sum you owe, is submitted to the Clerk of Court. A tax warrant can affect your ability to sell a property or apply for loans.