Tax Attorney Los Angeles Free Consultation – Tax issues affect every US citizen and foreign resident with US interests. You have every right to be concerned about your past and future tax filings, as mistakes or errors in your filings can result in civil and criminal tax penalties. To prevent these issues from affecting your financial situation, you can take advantage of the advice of two licensed tax attorneys and CPAs in Los Angeles.
We can guide you through the federal and state tax obligations that apply to Los Angeles residents each year and notify you when there are any important tax code changes. We are also experienced in handling foreign reporting requirements if you have foreign assets that require additional reporting steps. If you discover past noncompliance in your previous filings, you can use our Los Angeles tax attorneys and CPAs to guide you through the voluntary disclosure process to avoid expensive fines or jail time. If your tax return is selected for audit, we can help you prepare the response document and monitor the progress of the audit to identify and mitigate any risks.
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Without the knowledge of the two licensed Los Angeles tax attorneys and CPAs at the Tax Law Offices of David W. Klassing, your tax issues could snowball and cause serious damage. Avoid these consequences by calling our Los Angeles offices today at (800) 681-1295.
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Los Angeles is one of the busiest cities in the world from an economic standpoint. It is home to every type of business and each has its own tax status.
Finding a reputable Los Angeles tax attorney is important to keep you on the right side of state and federal tax laws, while legally trying to reduce your overall tax burden, especially when you have a business with an international presence.
In addition to income taxes, you may be subject to various taxes as a Los Angeles business owner. You must submit records of your federal and state tax receipts. You must also meet your California sales tax collection obligations. Failure to comply with any of these requirements may result in an audit.
Los Angeles individuals may have unusual tax situations that require the assistance of an LA tax attorney. Income earned in non-traditional businesses or sectors can pose complex tax compliance issues for individual and business (corporate) taxpayers.
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Contact the tax law office of David W. Klassing today for assistance with any California state, federal and international tax situation, including failure to timely file taxes. At our Los Angeles tax law offices, our team is ready to represent your interests in tax planning, IRS audit protection and everything in between. Our dually licensed Los Angeles tax attorneys and CPAs excel at handling complex tax issues. Whether it’s guiding homeowners through the nuances of property taxes, helping online sellers navigate California’s changing sales tax laws, or helping businesses stay afloat during a high-risk IRS audit, our strategic advisors do what they can to reduce your tax liabilities and protect you. Against civil or criminal tax consequences. . In appropriate cases, we precisely control the amount of adjustment return preparation, which is an indication of the best location of settlement, and we represent a rigorous audit of IRS offices, locations and communications, prioritizing your interest in minimal scrutiny. Risk and solutions that work for you. Local jurisdictions for our California state and federal tax audits include (but are not limited to):
Many businesses and taxpayers in and around Los Angeles have benefited greatly from a strong local, state and local economy but do not utilize the services of an LA tax attorney. When faced with a tax audit or potential questions. Los Angeles is a cosmopolitan city with a thriving entertainment industry that reaches not only the United States but also the world. Also, L.A. It is fortunate to be located on the west coast near major ports bringing in goods, goods and commodities from Asia and China. Therefore, some companies that also operate overseas may have additional international tax liabilities on their repatriation. Additionally, people living in Los Angeles are more likely to have foreign exposure and international tax obligations, due to the region’s significant ties to the global economy. Our domestic and international business tax attorneys in Los Angeles, CA, specialize in guiding LA businesses and individuals. Through the intricacies of US tax laws, especially those with foreign assets and income.
These economic benefits have led to the development of some of the wealthiest areas in the United States. In particular, Beverly Park, the Hill section of Manhattan Beach, Beverly Hills, Woodland Hills, and Hidden Hills are neighborhoods with high economic success. However, the prosperity of Los Angeles means that taxpayers in the region face higher than average tax assessment risks. A recent study by the National Taxpayer Advocate showed tax enforcement groups in wealthy parts of major metropolitan areas. Los Angeles was among the cities identified in the report. It may be a case of the IRS focusing its efforts on money to maximize its profits from tax enforcement efforts. However, taxpayers should be aware of this risk and take appropriate steps to maintain or achieve compliance with the Internal Revenue Code.
Most citizens, legal residents, and others living in the Los Angeles area are responsible for filing their income taxes each year. Generally, the deadline to file personal taxes is April 15. Whether a person is required to file a return depends on filing status and income level. For example, in 2014 a single filer 65 or older must file if their income is $11,700 or more. However, a single filer under the age of 65 will only be required to file after earning $10,150. Generally, heads of household, married taxpayers filing jointly, and certain widows with eligible dependents may be paid more than they claim. However, many of these people may want to refer because referrals are the only way to earn income. Learn more about the importance of hiring a Los Angeles tax attorney.
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Additionally, the United States is unique in its citizenship-based taxation that imposes strict tax reporting and disclosure rules, particularly for those with foreign assets. Non-compliance, failure to file or pay tax, can result in heavy fines, and a fee of 5% of the remaining tax bill for each month in arrears. Considered a safe haven, are now at greater risk due to FATCA and regulations. FBAR’s Bank Secrecy Act. At the Tax Law Offices of David W. Klassing, Los Angeles tax return attorneys who are both licensed and CPAs are available to guide you through these issues. Given these strict tax rules and consequences, it is important to research the various services and supports. At the Tax Law Offices of David W. Klassing, we offer a variety of solutions to address tax-related challenges, including:
When it comes to tax litigation in Los Angeles, taxpayers may find themselves facing complex and difficult legal issues. Tax litigation can include civil and confidential tax cases, which can be heard in the following federal courts: the United States Tax Court, the United States District Court, and the United States Bankruptcy Court. In addition to federal courts, Los Angeles County courts also hear tax cases. These include the California Supreme Court and the California Court of Appeals.
Our licensed Los Angeles tax attorneys and CPAs are dedicated to providing unparalleled representation in IRS and California state tax disputes. We have an unsuccessful record in federal tax court and only take cases that we are confident of winning. We won’t take your case if we don’t believe we can win. By filing a petition in tax court, you can greatly improve your situation, especially when the tax penalty and reduced interest outweigh the cost of litigation. Our process consists of two steps: first, the appeal, and then, we get a second bite at the apple by talking to the IRS’s general counsel. So far, we have never entered Tax Court, sparing our clients from the most expensive part of litigation. With a 98% IRS settlement rate, the advice is usually ignored, which is a win.
Our experienced tax litigation attorneys have extensive knowledge and experience handling a wide variety of federal and state tax cases in California. This includes representing clients in matters involving IRS audits, CTFFA, EDD, BOE and FTB disputes, refund claims, tax collection defense, innocent spouse relief, delinquent tax defense and more. Whether handling criminal tax disclosure cases, civil tax audits, eggshell audits, eggshell audits, or defending criminal tax investigations, our experienced Los Angeles tax attorneys are both licensed and
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