Taxation itself is a means by which governments finance their expenditures.
State and federal governments accomplish this by imposing "taxes"
on their citizens and corporations. In many ways, local state and federal
governments use tax consequences in order to influence peoples' economic
decisions. For example, a person's taxable income may be reduced by
the amount paid in interest on a home mortgage which results in more construction,
hence the construction activity generates more jobs.
Without taxes, our communities, our schools, our roads, our hospitals and
our government would be unable to operate. Social welfare programs wouldn't
be funded and society as a whole would cease to function as we know it.
In order for teachers' salaries and the salaries of our law enforcement
to be paid, taxes are levied upon America's citizens. These taxes
pay for the luxuries of modern society such as libraries, elementary schools,
parks, colleges and highways. Taxation is accomplished through a variety
of techniques such as income tax, sales tax, property tax, and taxing
items such as alcohol and cigarettes.
In the United States, taxes are assessed on the local, state and federal
levels. With income tax in particular, it is considered to be a progressive
tax, meaning that the income levels are tiered and people are subject
to a higher tax rate the more income they earn. Traditionally local taxes
are used for education, building and maintaining roads, utilities, police
and fire departments. On the other hand, state taxes are used for erecting
state buildings, highways, state colleges, and other state services. Federal
taxes are used for social security, the armed services, and agriculture.
Legal Issues Involving Taxation
While taxes are intended to benefit the community and the nation as a whole,
it's not difficult to run into legal troubles with your own taxes.
Whether you are an independent contractor who failed to file taxes or
pay them for several years, or if you can't afford to pay your property
taxes, or if you are presently under investigation for tax evasion or
tax fraud, it's critical that you enlist the services of a tax attorney
from Langdon Davis. Whether you have an issue with state or federal taxes,
we can help you find a real solution. Local state and federal tax laws
are very complex and most people have no idea what their rights are or
their options. All too often people fail to act or do anything about the
problem, and over time they wind up contending with wage garnishments,
property seizures, or worse, they wind up behind bars. Unfortunately when
it comes to the IRS or the state of Texas or Arkansas, you can run but
you certainly cannot hide and they always catch up to you eventually thanks
to modern technology.
Whenever you are dealing with an issue such as withholding payroll tax,
or simply failing to pay your taxes for your business, it's important
that you confront the issue head on. Owing back taxes adds up quickly
when penalties and interest are tacked on to your debt, which means that
the longer you wait, the larger the problem grows. Our attorneys are highly
skilled negotiators and we can effectively argue your case in tax court.
We understand that your goal is to resolve your legal issues with the
least amount of consequence and financial toll, and we have the same goal
in mind as you. Such tax matters that we handle include:
- Estate Taxes
- Income Taxes
- Gift Taxes
- Property Taxes
- Business Taxes
- State Taxes
- Federal Taxes
- Claims for Refunds
- Federal Tax Liens
- Civil Tax Penalties
- Failure to File Tax Returns
- Civil Tax Fraud
- Tax Evasion
Contact a Tax Attorney Today
If you have a legal issue regarding state or federal taxation, we urge
you to contact Langdon Davis at once. We understand the high levels of
stress, anxiety and even sleepless nights that can come from tax problems,
and we are here to help. The last thing you want to do is nothing because
as time goes by, the IRS or the state will eventually catch up to you,
and you want to avoid suffering any type of criminal penalties from not
addressing your issue in a timely fashion. There is legislation in place
that is designed to protect taxpayers who suffer hardship due to enforcement
actions and there are also ways to appeal certain liens and seizures before
and after collection actions. The first step in resolving your tax issue
our firm directly. We are here to help you, let us take the mystery out of your
problem and find a reasonable and cost-effective solution once and for all!