San Jose Property Tax Lawyers: Your Trusted Tax Advisors

Comprehensive Tax Assistance for California Residents

Whether your tax matter involves a real estate transaction or estate tax, the attorneys of Ferrari Ottoboni Caputo & Wunderling LLP can help you address these complex issues. Our tax planners offer quick, cost-effective solutions and can help you minimize your tax liability.

From matters of tax-free reorganization to IRS audits and appeals, we deliver custom-tailored counsel and advocacy. Our tax attorneys can ensure that your financial and legal interests are preserved and protected at every step.

Contact our firm today to learn more about how our San Jose tax attorneys can help you. Call (800) 761-0432 or contact us online now!

Our Tax Services: Tailored Solutions for Your Needs

Our San Jose tax lawyers are equipped to handle any legal challenges you may encounter.

Our comprehensive tax planning services include:

• Corporate Tax Strategies
• Advanced Estate Planning
• Trust Administration & Management
• Real Estate Tax Law

We combine experienced counsel with cutting-edge tax planning strategies.

Our tax law expertise encompasses:

• Income Tax Planning for Federal and State Taxes
• Strategies for Estate, Gift, and Generation-Skipping Transfer Tax
• Navigating Real Property Tax Issues
• Resolving Tax Controversies

Estate Tax Planning Services in California

While California does not have an estate or death tax, there are many other taxes that can apply to your assets after you pass away. Additionally, if your estate plan involves transferring money to a beneficiary who is at least 37 1/2 years younger than yourself, that amount may be subject to a Generation-Skipping Transfer Tax.

It is important to work towards minimizing potential estate taxes. Our estate legal services extend to helping you with your estate and inheritance taxes.

Explore options to reduce estate taxes, including:

• Charitable Contributions
• Spousal Transfers

Understanding Gift Tax Law in California

You may participate in gifting assets to people, such as your children. Under current gift tax law, you can gift up to $18,000 annually per person without reporting these transfers to the IRS. You may gift higher amounts in a tax year if you file a gift tax return.

In this case, you will also use a portion of your total gift and estate tax exemption amount. Our attorneys can assist you with all aspects of your gift taxes. We can provide the legal advice you need to accurately and effectively plan for your estate and gift taxes.

Local Tax Solutions for San Jose Residents

Living in San Jose, you may encounter various tax challenges, from property tax assessments to other tax-related issues. The Santa Clara County Assessor's Office reassesses property values annually, which can lead to significant changes in your tax obligations, particularly when ownership changes. These changes can be a major concern for homeowners and business owners alike.

At Ferrari Ottoboni Caputo & Wunderling LLP, we understand the local tax landscape and San Jose residents' specific challenges. Our team is well-versed in navigating the complexities of California's tax laws and can help you explore exemptions and strategies to minimize your tax burden.

We stay informed about local government resources and updates from the City of San Jose and Santa Clara County, ensuring our advice is always current and relevant. Whether you need assistance with property tax reassessments, understanding Proposition 13 implications, or other tax matters, our San Jose tax lawyers are here to provide the guidance you need.

Get in Touch with Our Tax Lawyers Today

California typically bases property taxes on the property's purchase price, increasing each year. This can cause the taxes on a property to skyrocket when ownership of that property changes and it is reassessed to its current market value.

If you own any real property in California, our attorneys can help you with planning for property taxes. Our San Jose tax lawyers can assist you with understanding exemptions to property tax assessment and how to utilize tax planning strategies. We are also experienced with helping businesses with the unique issues involving property owned by business entities.