Learn More About Tax Law in Berea, Kentucky

Advertisement
Berea is a city in Madison County, Kentucky, United States. The population was 9,851 at the 2000 census, a 2008 estimate put the population at 14,431. It is the fastest growing town in Kentucky and one of the fastest growing in the nation, having increased by 43.4% since 2000. Its most prominent institution is Berea College, which owns a substantial percentage of the city's land. Due to the high number of arts and crafts produced, Berea is a tourist attraction. It hosts several Crafts Festivals throughout the year. Berea also hosts a Spoonbread Festival in mid-September, which features a cornmeal bread traditionally served with a wooden spoon. Berea is a principal city of the Richmond–Berea Micropolitan Statistical Area, which includes Madison and Rockcastle counties.

Tax Law Lawyers In Berea Kentucky

Advertisement

What is tax law?

Tax law is the codified system of laws that describes taxes on economic transactions. Tax attorneys advise and represent individuals and businesses on all types of tax issues -- including income tax, payroll tax, property tax, and estate and gift taxes. Tax attorneys ensure that their clients are in compliance with federal and state laws and regulations, and represent taxpayers in enforcement proceedings initiated by the Internal Revenue Service (IRS) and/or state taxation agencies.

Answers to tax law issues in Kentucky

What are the tax consequences of death?

In the administration of any estate of a person who has passed away, there may be significant tax consequences. An...

What are the basics of tax law?

At the federal level, the primary tax is the income tax. Most know this form of taxation by the completion of the...

Can the IRS take my house if l owe back taxes?

The IRS can seize just about anything you own-including your home and pension plans. There is a list of items exempt...

Will my estate have to pay taxes after I die?

The federal government imposes estate taxes only if your property is worth more than a certain amount at your death...

How are corporations taxed?

Most types of businesses-sole proprietorships, partnerships, corporations that have qualified for subchapter S...

What are the tax consequences of operating as a non-profit corporation?

Non-profits will want to apply for and obtain federal and state nonprofit tax exemptions. Many groups don't want to...

What can be done to report tax fraud to the IRS?

The Tax Relief and Health Care Act of 2006 made significant changes to the Informants Reward Program under the False...