Income Tax Lawyers in Pascagoula, Mississippi

Find the right Income Tax attorney in Pascagoula, MS

In Pascagoula, Mississippi, the income tax is a tax imposed on money received (income) during a certain set time period. Under federal law, and the laws of most states, income from any source can be taxed. The federal government imposes an income tax on all persons and entities present in the United States. The power to tax incomes was granted to the federal government in 1913 with the ratification of the 16th Amendment to the Constitution. Before that time, the Supreme Court had found a federal income tax unconstitutional, prompting the passage of the amendment. Of course, individual states, including Mississippi, were free to impose income taxes as they saw fit.

Everybody 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 Pascagoula, Mississippi if you aren't clear about what system your state has.

Income Tax Deductions in Pascagoula, Mississippi

A tax deduction is simply a reduction in the portion of a person's income which 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 lower tax bill than a deduction of the same amount.

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

How Can A Pascagoula, Mississippi Tax Attorney Help?

Income tax laws in Pascagoula, Mississippi can get fairly complex. You should speak with an accountant or tax lawyer if you have any questions about your income tax liability.

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Life in Pascagoula

Pascagoula, Mississippi is a city in Jackson County. As of a 2007 estimate by the United States Census Bureau, it has a population of about 24,000 people.

Native American tribes have inhabited Pascagoula for thousands of years, and the name comes from a word that means "bread-eaters" which is how one of the groups of native inhabitants referred to themselves. A Spanish explorer is believed to have made first contact with them in 1540. However, the first permanent European settlement did not come until the 1700s. This area did not become part of the United States until 1812. Before then, it changed handsmultipletimesbetween the French, Spanish, and English. Pascagoula became a city, under the state's legal definition, in 1901. The current downtown area of Pascagoula was once part of Scranton, Mississippi, until the two towns merged in 1912.

Pascagoula, Mississippi is strategically situated on the Gulf of Mexico. Accordingly, its beaches are a popular tourist destination, and its fisheries are an important part of its economy.

If you live in Pascagoula, Mississippi, and have any sort of legal problem, you can probably find someone to help you with it. Pascagoula, Mississippi lawyers can handle just about any case that they might be faced with.

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