Did you know every year, the IRS collects billions of dollars in unpaid assessments? Prevent expensive fines by avoiding common tax issues. You don’t need to worry about issues with the IRS.
If you want to understand the benefits of working with a tax attorney, keep reading.
In this guide, learn about why businesses choose tax attorneys. A tax attorney will help you comply with IRS rules. People dealing with estate planning might want a lawyer, as well.
Check out our tips below for more information.
What’s the Role of a Tax Attorney?
A tax attorney can also help you improve your tax situation.
Tax lawyers will often help people ensure they’re complying with IRS rules. Some attorneys will specialize in areas like international taxes or estates.
A tax lawyer might work in a consulting or accounting firm. Within a law firm, a tax lawyer will help tell a client about the best way to pursue favorable tax treatment.
When Should You Hire a Tax Attorney?
You might not need to hire a tax lawyer. Some situations require the specialty skills of a tax lawyer.
Pay attention to the tax lawyer’s specialty. Some aren’t going to work in the area you need.
You might hire someone to help you deal with tax disputes. Owing taxes or obtaining tax relief are some common reasons why people will hire a tax lawyer.
Your tax lawyer will help you have more leverage when working and dealing with the IRS. You might need help with spouse relief or setting up a payment plan to settle a debt. Learn more about the IRS debt forgiveness program.
Disputing Taxes
If you need to dispute taxes and sue the IRS, you should hire a tax attorney immediately.
Filing a suit with a local tax authority or state will need the professional aid of a lawyer. Your lawyer guides you through the process.
Planning an Estate
A tax attorney will handle the complex paperwork and help lower estate taxes. Most tax lawyers will help you with estate planning and create a will.
They will also help transfer your assets to appointed beneficiaries.
Will You Start a Business?
If you’d like to begin a business or expand your company, call a tax lawyer who specializes in working with businesses.
You’ll need the extra help if you plan to start a corporation like a C-Corporation or an S-Corporation.
Understanding How to Choose Tax Attorneys
Finding the right tax attorneys depends on what you need help with and your specialty.
Call around and find the appropriate attorney if you need an estate planning lawyer. Finding the proper legal aid will streamline your process during a stressful season.
Choose tax attorneys who have years of experience and excellent reviews.
Need more legal advice? We have a legal section on the blog for you to check out.