Income Tax Lawyers in Miramar, Florida

Find the right Income Tax attorney in Miramar, FL

In Miramar, Florida, an income tax is imposed on a certain percentage of the income of all individuals and businesses. Typically, income from all sources may be taxed. The federal government has had the constitutional authority 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.

Everyone 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 live. Some states have no income tax at all. You should speak with an accountant or tax lawyer in Miramar, Florida if you don't know what the tax system is here.

Income Tax Deductions in Miramar, Florida

A tax deduction is an expense which, in whole or in part, is subtracted from a person's taxable income. For example, if you make ,000 in a year, and the tax rate is 10%, a reduction of ,000 results in only ,000 being taxed. This means that you will pay ,900 instead of ,000.

This should not be confused with a tax credit, which is simply a reduction in somebody's tax bill. A tax credit will normally reduce your tax liability far more than a tax reduction of the same amount.

Many expenses in Miramar are tax-deductible, such as interest paid on mortgages, charitable contributions, the cost of tax advice, and union dues, among others.

How Can A Miramar, Florida Tax Attorney Help?

Income tax law can get fairly complex in Miramar, Florida. If you have any questions about your income tax liability, you should not hesitate to speak with a tax lawyer sooner, rather than later.

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Life in Miramar

Miramar is a city Broward County, Florida. It has a population of 108,000, as of estimates by the U.S. Census Bureau from the year 2007.

The city of Miramar, Florida is named after the Miramar District, in Havana, Cuba.

Miramar is home to very large communities of Columbian and Jamaicanimmigrants, and Cuban expatriates. These various ethnic groups have contributed to the diverse character of Miramar, and influenced its unique culture.

Miramar is the headquarters of Spirit Airlines, a low-cost carrier operating flights throughout the Americas. It is one of the largest employers in the Miramar area. Miramar is part of the South Florida Metro Area, which includes Miami and other major tourist destinations. As a result, tourism and travel are major drivers of Miramar's economy.

Thanks to its diversity and economic vitality, there is a thriving legal community in Miramar, Florida. Miramar, Florida lawyers are experienced in dealing with a wide variety of clients and cases; in a community as diverse as Miramar, they have to be in order to stay competitive. For most Miramar, Florida attorneys, there is no case to big or too small.

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