Tax Law in Maryland
If the taxman is calling and you’re not liking what he has to say, a Maryland Tax attorney may be able to help.
Read on to learn:
- When a MD tax lawyer can help you
- The types of taxes a MD tax attorney deals with
- How to find free non-legal tax help
- How to find legal tax help
A Maryland Tax Lawyer Can Help with these Tax Problems
A mistake with taxes could cost you thousands of dollars, tens of thousands of dollars, or even jail time. As we all know, a run in with a taxing authority is nothing to be taken lightly and is not to be faced alone.
Here are example scenarios where tax lawyers can help:
- Paulo is a citizen of the U.S. and of Bolivia. He has been living in the U.S. for the last 6 years but hasn’t paid any income taxes.
- Emily received an audit letter from the Maryland Department of Assessments and Taxation. She runs a day care center.
- Cora and Eric owe the IRS $30,000. They don’t have it.
- Michael has just been arrested for tax evasion.
- Juan thinks he overpaid his taxes for the past 2 years. The IRS disagrees.
- Natasha is being audited for the third time. She wants representation and doesn’t want to face a future audit.
- Jennifer needs information on “The Innocent Spouse Rule”. She wants to know if the rule would protect her.
A Maryland Tax Attorney Handles These Kind of Taxes
There are 5 times when your money can be taxed. Tax lawyers help to ensure that you’re paying enough – but not too much in taxes. They provide guidance in all 5 taxing events.
- First, INCOME TAX. You are taxed when you earn money.
- Second, PROPERY TAX. You are taxed when you own assets.
- Third, GIFT TAX. You are taxed when you give money away.
- Fourth, SALES TAX and USE TAX. You are taxed when you spend your money.
- Fifth, DEATH TAX. You are taxed when you die and pass your money to loved ones.
Where do I Find Maryland and Federal Tax Laws?
Here are important tax links that may answer your questions, help you to ask the right questions, or create even more important questions.
- Federal Tax Code, Regulations, and Guidance
- Annotated Code of Maryland
- Maryland specific taxes:
- Maryland income tax is graduated from 2% to 5.5%.
- It will cost you 6% in sales tax when you make a purchase in Maryland.
- Maryland does exact an inheritance tax for some beneficiaries – and an estate tax for estates over $1 million (up to a whopping 16%).
- Google your own Local Municipal Laws and Regulations
How Do I Find Non-Legal Tax Help?
Check out the IRS and the Maryland Department of Assessments and Taxationfor non-legal tax help. You are welcome to call either taxing authority with questions, but representatives cannot provide legal advice.
How Do I Find Legal Tax Help?
To get legal advice about your individual situation, you must consult with a qualified lawyer. To find a Maryland tax attorney, search our site, www.attorneys.org, or ask the bar association or a friend for a referral.
