Business & Finance Taxes

When a Tax Attorney is the Professional of Choice

If there are two things you can be sure of, as the saying goes, it is is death and taxes.
The average citizen usually can do without professional help when it comes to dealing with taxes.
However, if you do have to face an audit you may want to employ the services of a tax pro, such as a tax attorney.
A good tax attorney should naturally be well versed in all the tax laws and can help you deal with the IRS if you get into tax trouble.
A Tax Pro For Your Needs There are several different types of tax pros, that specialize in slightly different areas.
Which one you may wish to consult depends on the nature of your situation.
When it comes to tax preparation you can select among tax preparers, enrolled agents (EAs) and certified public accountants (CPA).
The first mentioned ones do not need any kind of licence in most states, while the last mentioned ones are regulated by each state and are routinely hired by large businesses.
But if you get into trouble with the IRS a tax attorney - a lawyer that specialize in tax matters - is most likely what you need.
What separates the tax attorney from other tax pros is that he or she are able and eligible to offer their clients legal help and advice.
They are often also experts in all the different aspects of tax laws and thus have a long experience of tackling almost all kinds of tax cases.
They may also be able to give more general tax advice, but for that purpose most small businesses are better of hiring a less expensive CPA or EA.
Besides knowing all the applicable laws a good IRS tax attorney should also be a good negotiator, as this is a vital skill when it comes to getting a positive outcome in the dealings with the IRS.
When it comes to cases of criminal tax, tax fraud and tax bankruptcy, an attorney is definitely the way to go.
They will know exactly what options are available to you under these circumstances.


Leave a reply