Income Tax Lawyers in Simi Valley, California

Find the right Income Tax attorney in Simi Valley, CA

In Simi Valley, California, an income tax is imposed on a certain percentage of the income of all individuals and businesses. Usually, income from all sources may be taxed. The federal government has had explicit constitutional authority to impose an income tax since 1916, with the passage of the 16th Amendment. This came after the Supreme Court had consistently found a federal income tax to be unconstitutional. States, including California, have always been allowed to impose whatever type of income tax they liked.

Everyone in the United States must pay the federal income tax. However, you only have to pay the state income tax of the state in which you reside. You should speak with an accountant or tax lawyer in Simi Valley, California if you aren't clear about what system your state has.

Income Tax Deductions in Simi Valley, California

A tax deduction is simply a reduction in the part of a person's income that is taxable. For example, if someone makes ,000 per year, and gets a ,000 tax deduction, their taxable income is ,000.

There is also something called a tax credit, which is treated as a partial payment of the income tax. A tax credit almost always results in a reduced tax bill than a reduction of the same amount.

Many common expenses in Simi Valley can be deducted, in whole or in part, from your taxable income. Federal tax deductions include charitable contributions, union dues, interest paid on a mortgage, and state and local taxes.

How Can A Simi Valley, California Tax Attorney Help?

Income tax laws in Simi Valley, California can get very complex. You should speak with an accountant or tax attorney if you have any questions about your income tax liability.

Talk to a Bankruptcy & Finances Law Attorney now!

Life in Simi Valley

Simi Valley is a suburb located in beautiful Southern California, bordering San Fernando Valley and the greater Los Angeles area. Simi Valley is surrounded by the Santa Susana Mountain range and the Simi Hills; therefore is known for gorgeous sites that emphasize Mother Nature's beauty. With such an appeal also labels the area as a high-risk location for wildfires.

Simi Valley has been pictured in many popular Hollywood movies including Poltergeist, Little House on the Prairie, The Thorn Birds, Bachelor Party, and The Doberman Gang.

Top employers in the area include the school districts and hospitals, as well as Farmers Insurance Group, AeroVironment, Vons, Meggitt Safety Systems, Wal-Mart, Milgard Manufacturing, and Rancho Simi Parks Recreation District.

Southern California is home to many law school and firms of all sizes. Moreover, many ivy-league educated attorneys make Southern California their home after graduation. Thus, the legal force in and near Simi Valley is served by brilliant attorneys who are trained by some of the largest firms. Also, the vast number of firms bring about fierce competition and competitive pricing for Simi Valley residents. All in all, Simi Valley residents can rest assured that any legal inquiry of theirs can be handled by the legal industry in and around Simi Valley.

Clients Rate LegalMatch Attorneys
(click to read reviews)

Ian M.
Ian M.

Bankruptcy, Banking & Credit

Richboro, PA

Eddy H.
Eddy H.

Bankruptcy, Banking & Credit

San Mateo, CA

Howard B.
Howard B.

Bankruptcy, Banking & Credit

Rye Brook, NY