Income Tax Lawyers in Fillmore, California
In Fillmore, California, an income tax is imposed on a certain percentage of the income of all individuals and businesses. Typically, income from all sources can be taxed. The federal government has had explicit constitutional power to impose an income tax since 1916, with the passage of the 16th Amendment. This came after the Supreme Court had repeatedly found a federal income tax to be unconstitutional. States, including California, have always been free to impose whatever type of income tax they liked.
While the federal government levies an income tax against every person and corporation in the U.S., the income taxes imposed by the states vary widely. Some states have relatively high income taxes, and a few have none at all. You should consult with a Fillmore, California tax attorney if you don't know what type of tax system your state has.
You might have heard rumors claiming that you don't actually have to pay your federal income tax. These rumors are false. "Tax protesters" rely on bizarre and discredited legal arguments in their claims that the federal income tax is somehow illegal. None of these arguments have ever been successful in U.S. Courts, and deliberately failing to pay your income tax in Fillmore, California is a good way to end up in federal prison.
Income Tax Deductions in Fillmore, California
A tax deduction is a reduction in one's taxable income. It results in less of your income being taxable, which causes a lower tax liability.
Don't confuse a tax deduction with a tax credit. A tax credit simply reduces your tax bill by the amount of the credit. A tax credit normally reduces your tax bill more than a deduction of the same amount.
Many expenses in Fillmore are tax-deductible, such as interest paid on mortgages, charitable donations, the price of tax advice, and union dues, among others.
If your state imposes an income tax, some or all of these expenses might be deductible, as well. However, this will depend on the law of California
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How Can A Fillmore, California Tax Attorney Help?
Income tax laws are notoriously complex. If you live in Fillmore, California and run into any type of tax problems, including an audit or wage garnishment, a local tax attorney would almost certainly be able to help.