Income Tax Help By Experienced Tax Attorneys
John Spurgeon & Associates, Inc. offers services on all matters relating to income tax by experienced tax attorneys and CPAs.
- Federal income taxes (IRS)
- State income taxes (Franchise Tax Board)
- Preparation of tax returns
- Filing of late returns
- Tax controversy
Income taxes are a way of life in America. Whether you are employed or have a business, you are required to pay income taxes on your taxable income. This covers individuals, partnerships, corporations and LLCs (limited liability corporations). The tax rates go up based on your tax bracket.
Tax avoidance vs tax evasion
- Tax avoidance is the activity of arranging your affairs in a legal manner to your advantage in order to minimize your taxes payable. In fact, the IRS provides many opportunities in the form of deductions and credits to mitigate the income taxes that you might otherwise pay. These include retirement savings programs, support of dependents, charitable donations, student tuition and a host of other deductions. If you are self employed there are business related deductions that you can claim. In short, you have a right to minimize the taxes you pay as long as it is by legal means.
- Tax evasion is the term used to categorize illegal means to avoid paying taxes. This is the intentional action to avoid paying a tax liability which could result in. criminal charges.
As tax lawyers and CPA’s we can help you with all aspects of income taxes. We offer a free 15 minute phone consultation about your situation. Please contact us today at 626-440-9518.