Income Tax Lawyers in Taylor, Michigan

Find the right Income Tax attorney in Taylor, MI

In Taylor, Michigan, income tax is imposed on most sources of income that a person receives in a certain year. Under federal, state, and most local laws income from all sources may be taxed. The federal government has the constitutional authority to tax income thanks to the 16th Amendment, which was enacted in 1916. Before that time, the U.S. Supreme Court had consistently declared the federal income tax unconstitutional, but individual states, including Michigan were allowed to impose an income tax if they saw fit.

While the federal income tax applies to everyone in the United States, the income taxes imposed by individual states vary widely, and some states have no income tax at all. You should consult with a Taylor, Michigan tax lawyer or accountant to find out if your state is one of them.

Income Tax Deductions in Taylor, Michigan

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 a reduction of a person's tax bill. A tax credit almost always results in a reduced tax burden than a tax reduction of the same amount.

Many common expenses in Taylor can be deducted from your taxable income. They include mortgage interest, charitable contributions (if property documented, of course), the price of tax advice, union dues, and many others.

How Can A Taylor, Michigan Tax Attorney Help?

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

Talk to a Bankruptcy & Finances Law Attorney now!

Life in Taylor

Taylor is a city located in Wayne County, Michigan. It was founded in 1847, officially incorporated in 1968, and has a population of roughly 65,000 people. The city was originally called Taylor Township before it was incorporated. Taylor is named after Zachary Taylor, a national military hero and the 12th President of the U.S.

Currently is a thriving and vibrant business and residential community. It is home to the Southland Shopping Center and the Gibraltar Trade Center. Wayne County Community College (Downriver Campus) is located in Taylor, and the city also has an excellent public education system.

Recreation plays a big role for the residents of Taylor. Most of the city's community events are held a Heritage Park, which is a large park that features picnic areas, soccer and baseball fields, and a fishing pond. The Taylor Sportsplex is also a popular destination. Taylor is locally referred as "Taylortucky" due a relatively strong influence from Southern roots and culture.

Lawyers in Taylor, Michigan will generally process legal claims at the 23rd District Court located in Taylor. Taylor lawyers handle a variety of legal matters and often work closely with entities such as the Michigan State Police.

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