|
When a taxpayer has problems with the Internal Revenue Service, or the state department of revenue, he may be able to solve it himself. However, with the intricacies of U.S. tax law being what they are, the taxpayer may find himself better served in hiring a tax attorney.
A tax attorney specializes in working with taxpayers to solve their problems with the IRS or state revenue department. In fact, they generally focus only on tax issues and relief. A tax attorney can help a taxpayer in trouble make it through an audit, have fines reduced, liens removed, and can navigate through the minefield of small business and self-employment tax issues.
Tax Attorney
Tax AttorneyMany small business owners consider their tax attorney to be as vital as their accountant. This is because a good tax attorney can help head off tax problems before they even begin. He or she can see potential trouble spots for a business and can advise the owner how to avoid them.
U.S. tax law is not only labyrinthine in structure, it also changes nearly every year. Thus, a good tax attorney will keep up with the latest changes and can advise clients accordingly. A tax attorney may also be helpful when setting up trust funds, stock portfolios and the like, so a taxpayer doesn't run into unexpected surprises on April 15.
A person looking for a tax attorney shouldn't call the first one listed in the phone book. He should look around, ask friends, or even his personal attorney (if he has one) to recommend a good tax specialist. As a prospective client, the taxpayer should look for a tax attorney with extensive experience in dealing with the IRS, in debt management cases, and in working with real live taxpayers. He should also ask the attorney for references. The taxpayer should also make certain his tax attorney is a member of the American Bar Association and the state bar association. A client should also make sure he knows what his attorney's rates are, and make arrangements for payment early on in the consultation process.
If a taxpayer finds himself in over his head where the IRS is concerned, he should certainly consult a tax attorney. Tax fines tend to snowball, and it is always in the taxpayer's best interests to get problems solved while they are still relatively small ones. Waiting until the last minute to see a tax attorney could be extremely costly, and might result in jail time for the taxpayer, as well as higher legal fees.
Money invested in the services of a tax attorney can be considered a wise investment for a taxpayer
|
|
Read more...
criminal attorney
|
|
|
You definitely need a tax attorney if:
- You have a taxable estate, need to make complex estate planning strategies, or need to file an estate tax return.
- You are starting a business and need legal counsel about the structure and tax treatment of your company.
- You are engaging in international business and need help with contracts, tax treatment, and other legal matters.
- You plan to bring a suit against the IRS.
- You plan to seek independent review of your case before the US Tax Court.
- You are under criminal investigation by the IRS.
- You have committed tax fraud (such as claiming false deductions and credits) and need the protection of privilege.
Questions to ask a tax attorney
- Is the attorney admitted to the state bar?
- What does the tax attorney specialize in?
- How much does the attorney charge?
- Can the attorney help you with your tax case?
- If not, can the attorney refer you to another tax attorney who can help you?
|
|
Read more...
real estate attorney
|
|
|
Tax attorneys specialize in the often complex and technical field of tax law. A tax attorney could be of use to most everyone, but they are particularly good for handling complex tax advice & tax law.
Some examples of complex tax issues where it might be a good idea to seek advice from an attorney are:
- You're forming a corporation of any size or structure, e.g. s-corp, L.L.C, Non-Profit, etc.;
- You own a corporation of any size or structure.;
- You or your business are being audited or investigated by the I.R.S;
- You or your corporation conduct international business;
- You or your business have or may have committed tax fraud;
- You need help or advice with contracts;
- Your estate is taxable, you need advice on estate planning, or you're uncertain if you must file an estate tax return;
- You might sue the Internal Revenue Service;
- You or your business have a pending case in U.S. Tax Court; or
- You or your family had a significant increase in income;
- If you generally wonder if you need a tax attorney, it's often better to play it safe;
- I.R.S. agents have been poorly hidden in a van across the street for the last couple of weeks (the antenna pointing toward your house or business with a giant gold emboss of 'THIS IS THE I.R.S.' will give them away);
- You didn't notice the I.R.S. agent's, and they're now going through your house or business (next time look for the gold emboss).
|
|
Read more...
tax attorney
|
|
|
|
