Income Tax Lawyers in Trumbull, Connecticut

Find the right Income Tax attorney in Trumbull, CT

In Trumbull, Connecticut, an income tax is imposed on a certain percentage of the income of all individuals and businesses. Generally, income from all sources can be taxed. The federal government has had the constitutional power to impose an income tax since 1916, since the passage of the 16th Amendment. Before then, states could, and still can, impose whatever income tax they like, including in Connecticut.

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 Trumbull, Connecticut tax attorney if you don't know what type of tax system your state has.

Income Tax Deductions in Trumbull, Connecticut

A tax deduction is a reduction in the portion of a person's income that is taxable, resulting in a lower tax liability. For example, suppose your income tax rate is 10%, and you had ,000 in income last year. If you got a ,000 tax deduction, your taxable income would be ,000, and you would have to pay 10% on that. So, it would reduce your tax liability from to .

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 usually reduces your tax bill more than a deduction of the same amount.

Under federal law, many expenses in Trumbull are tax-deductible, including interest paid on a mortgage, charitable contributions, the cost of tax advice, and union or professional dues, among many others.

How Can A Trumbull, Connecticut Tax Attorney Help?

Income tax laws can get quite complex, especially when large amounts of money from multiple sources are involved. It would not be a bad idea to call a Trumbull, Connecticut tax attorney to avoid the consequences of under-paying, and to prevent you from over-paying.

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Life in Trumbull

The town of Trumbull is located in Fairfield, Connecticut. It has consistently been ranked by several magazines as one of the top 100 best places to live in the U.S. In 1997, a time capsule was planted at the city's Bicentennial Fountain, to be opened on October 12, 2097, which would mark the city's tri-centennial anniversary.

Part of Trumbull's appeal lies in its many attractions and places to visit. For example, popular tourist sites include the Trumbull Nature Arts Center, the Trumbull Historical Society Museum, and the Town Hall Gazebo. The Town Hall Gazebo hosts several night concerts during the summer season.

Trumbull is also home to the Tashua Recreation Facility, a 268 acre facility that houses basketball and tennis courts, playgrounds, a swimming pool and a multi-purpose field. Outdoor enthusiasts also have plenty of opportunities for activities, as Trumbull has dedicated over 1,600 acres for recreation and open space parks.

Lawyers in Trumbull, Connecticut spend much of their time at the Fairfield Judicial District Superior Court, where they litigate a variety of legal claims. Many Trumbull lawyers are members of multiple Bar Associations in addition to the Connecticut Bar Association.

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