Income Tax Lawyers in Lauderhill, Florida

Find the right Income Tax attorney in Lauderhill, FL

Find Lawyers

In Lauderhill, Florida, an income tax is imposed on a certain percentage of the income of all individuals and businesses. Usually, 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 Florida.

Everybody in the U.S. is subject to the federal income tax. But you are only subject to the income tax of the state in which you reside. Some states have no income tax at all. You should speak with an accountant or tax Attorney in Lauderhill, Florida if you don't know what the tax system is here.

Income Tax Deductions in Lauderhill, Florida

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 .

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 lower tax bill than a deduction of the same amount.

Lots of expenses that are common in Lauderhill are tax deductible. Federal tax deductions include mortgage interest, union dues, interest paid on mortgages, and others.

How Can A Lauderhill, Florida Tax Attorney Help?

Income tax laws are notoriously complex. If you live in Lauderhill, Florida 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.

Talk to a Bankruptcy & Finances Law Attorney now!

Life in Lauderhill

Lauderhill is a city in Florida with a population of approximately 66,887 people. It is located in the Miami-Fort Lauderdale-Pompano Beach metropolitan area. From this description itself, Lauderhill's location seems exquisite! After all, Fort Lauderdale, Miami and the Pompano area are filled with beautiful beaches!

Some popular Lauderhill attractions include Lady Helen Fishing Charters, Fort Lauderdale Antique Car Museum, Bonnet House Museum and Gardens, Sawgrass Recreation Park, Las Olas Boulevard, Stranahan House, Everglades Holiday Park, and Anne Kolb Nature Center.

Being in such a great location, Lauderhill and surrounding areas are filled with law firms of all sizes. These firms train attorneys of various skill levels, who are able to handle any legal issue in all areas of law.