A tax attorney can be a notable investment, but it can be well worth the cost. Whether you owe back taxes or want to structure your business or estate in a tax-advantageous way, the right lawyer can help you.
The tax law is complicated and can be very difficult to understand. A good tax attorney can explain the law to you in a way that makes sense and can offer suggestions for the best course of action in your particular situation..
Representation in Audits and Appeals
A tax lawyer can help you navigate various IRS situations. They know which documents to review and can quickly determine potential problems. For instance, if the IRS is seeking to garnish your wages or withdraw funds from your bank account, a lawyer can file an appeal to stop the action.
They can also help you with an audit situation. During an audit, it is often challenging to understand what the auditor wants and why. A tax attorney can interpret the audit process and can help you limit requests to only those documents necessary to your case. They can also recognize any misconduct or misrepresentation on the part of an auditor.
Representation in Collection Proceedings
A tax lawyer can help you avoid severe financial penalties if you are in dispute with the IRS. A skilled attorney can also negotiate a payment plan on your behalf.
The law imposes strict deadlines for responding to notices from the IRS and state tax authorities. A tax lawyer can guide you through the process and ensure you respond correctly to each notice within its deadline.
Many tax attorneys provide a free consultation. Call one today to learn more about how they can help you reduce your tax liability. They won’t use high-pressure sales tactics like you might find on television, but they will explain how their services can benefit you and answer your questions. Their goal is to help you put your tax liability behind you so that you can move on with your life. Their experience and in-depth understanding of the tax laws make them a valuable asset to your financial health. The right firm can save you money by helping you file past-due tax returns, get on a payment plan or take advantage of a resolution option such as an offer in compromise.
Representation in Tax Court
If you are facing tax liens, levies, wage garnishments or other serious collection actions, a tax attorney may be able to assist you. They can also resolve state and local tax issues that are causing problems for you.
Tax attorneys have extensive experience in litigating tax cases, including in the U.S. Tax Court, the federal appeals courts and state tax courts. They can help you get the best possible resolution to your case.
The burden of proof in civil litigation shifts from the taxpayer to the IRS when you are in tax court under certain conditions. However, it is still essential to have a tax lawyer by your side when you go to trial on your case.
Representation in Tax Liens
A tax lawyer is essential in situations where the IRS has filed a tax lien against your personal property or real estate. An experienced attorney can help you to negotiate an installment payment plan or an Offer in Compromise to reduce your debt. They can also help you to get a federal tax lien withdrawal if the IRS made a mistake filing it in the first place.
Having a federal tax lien against your property can make it very difficult to sell that property or even access lines of credit. A good tax attorney can work with the IRS to get that lien removed by proving economic hardship.
A reputable tax relief firm will gather key financial data from their potential clients and then provide them with an accurate assessment of what they can accomplish for a fixed fee. This can save you a lot of money in the long run. If you are looking for a good local tax lawyer, be sure to do your research.