Lake City is a town in Anderson and Campbell counties in the eastern part of the U.S. state of Tennessee, northwest of Knoxville. The population was 1,888 at the 2000 census. Most of the community is in Anderson County, which is included in the Knoxville Metropolitan Statistical Area. The town was originally known as Coal Creek, which is still the name of the stream that runs through the town. Coal Creek and the nearby town of Briceville were the site of a major lockout of coal miners in 1891, which resulted in the town of Coal Creek being occupied by the state militia for over a year after miners attempted to force an end to the use of unpaid convict labor in the mines. This labor struggle, known as the Coal Creek War, was eventually resolved in the coal miners' favor with the abolition of Tennessee's convict labor program. The Fraterville Mine disaster of 1902 occurred nearby, in the village of Fraterville. Norris Dam is nearby. The town's current name was adopted in 1936 after the completion of Norris Dam formed an artificial lake above the dam.

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 Tennessee

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

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

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

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

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

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

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