Hiring a tax professional can be expensive. In some areas, it costs more than hiring an accountant or tax preparer. You may also have to pay for the tax attorney’s licensing fees and depending on his experience, the hourly rate will rise. If you are wondering whether you should hire a tax attorney, then here are several tricky legal situations where hiring a tax professional makes perfect sense.
If you have a tax debt that you want to resolve, one of the best ways is to consult with a tax lawyer. They will provide you with tax advice and tax settlements for your particular situation. A tax liability doesn’t always have to result in tax payments. There can be a lot of arguments that arise out of misunderstandings between the Internal Revenue Service and taxpayers. A tax lawyer can explain these arguments to you and help you decide what the best course of action is for your particular financial situation. They can also inform you whether you are liable for tax settlement amounts, and if not, how much money you will owe, and what the IRS has to offer to settle your tax liability.
Tax attorneys are also great for tax liens and other legal issues. One of the most common issues that arise is having back taxes. If you owe back taxes but don’t know exactly how much you owe, a tax attorney can help you determine your exact liability. He can also help you get a new discharge option, which allows you to have the tax liabilities forgiven rather than paying them back. An experienced tax attorney can even negotiate a reasonable payment plan for you if you are unable to come up with the money to pay back taxes. This can help you avoid going to court and paying large fines.
Tax attorneys can even represent you in situations where the IRS comes after you for an illegal tax act. Many times, the IRS will take illegal action to try to force you to pay for something that you didn’t do. In these cases, you can use good tax lawyers to fight for your rights. These lawyers can also give you advice on how to legally handle the case with the IRS.
Sometimes, people face serious tax debt because they tried to resolve complex tax issues without professional assistance. The problem is that tax attorneys often have years of experience dealing with many different tax issues, and they can be very helpful when you need them the most. There are tax attorneys who work only with clients who have serious tax debt. These tax attorneys specialize in representing tax debtors who have not been able to settle their debts through other means, and who want to resolve serious tax issues through the IRS. They generally work on a contingency basis, so they will not charge you until their client settles his/her tax debt.
You should also hire a tax attorney if you plan to deal with the IRS before the audit. The IRS will often do an audit first, to see if you were paying your taxes on time. Even if you are not charged with any wrongdoing during the audit, the tax attorney may still be able to help you resolve your tax debt through other measures. For example, he may be able to get the audit dismissed if you show that you presented your case properly and if you prove beyond reasonable doubt that you paid your taxes on time.
This article was written by Alla Tenina. Alla is one of the best tax attorneys in Los Angeles California, and the founder of Tenina law. She has experience in bankruptcies, real estate planning, and complex tax matters. The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information. This website contains links to other third-party websites. Such links are only for the convenience of the reader, user or browser; the ABA and its members do not recommend or endorse the contents of the third-party sites.