Plano is an affluent northern suburb of Dallas, Texas. Located mostly within Collin County, the population was 222,030 at the 2000 census, making it the ninth-largest city in Texas. According to a 2008 census estimate, Plano grew to 267,480 residents, making it the 70th most populous city in the United States. Plano is within the Dallas–Fort Worth metropolitan area, colloquially referred to as the Metroplex. The city is home to many corporate headquarters, including Ericsson Inc. , Rent-A-Center, Crossmark, Perot Systems, Electronic Data Systems, JCPenney, Frito-Lay, Cinemark Theatres, Dr Pepper Snapple Group and UGS. In 2005, Plano was designated the best place to live in the Western United States by CNN Money magazine. In 2006, Plano was selected as the 11th best place to live in the United States by CNN Money magazine. Plano schools consistently score among the highest in the nation. It has been rated as the wealthiest city in the United States by CNN Money with a poverty rate of less than 6.4%. In 2008, Forbes. com selected Plano, University Park, and Highland Park as the three "Top Suburbs To Live Well" of Dallas. The United States Census Bureau declared Plano the wealthiest city of 2008 by comparing the median household income for all U.S. cities whose populations were greater than 250,000. The annual Plano Balloon Festival and the Plano International Festival are two of the city's premiere cultural and entertainment events.

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 Texas

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...