Why Hire a Tax Attorney?
Top 4 reasons to hire a tax attorney
- Get All Your Legal Options – A tax attorney will understand the laws that protect your wages, bank accounts, and property from IRS garnishment or seizure. Plus, a tax attorney’s sole practice is tax law so she will understand the best way to move forward with your case.
- Attorney Client Privilege – An attorney is the only person that is exempt from testifying against you in a tax case. Thus, you can fully confide in me. Rest assured that the information you share with me will be kept confidential. It feels good to have peace of mind.
- Peace of Mind – Once you retain a lawyer the Internal Revenue Service must stop contacting you. So, all calls and correspondence related to your case can be directed to your attorney. Plus, your tax attorney can make stronger arguments for your case.
- Tax Laws are Complicated – A tax attorney can effectively negotiate your issues because she has spent hundreds of hours studying the complicated tax laws which change every year. What was legal last year may not be this year. Get up to date tax answers today.
Business reasons to hire a tax attorney
The above are some of the general reasons you may want to hire a tax attorney. The dollar amount of your IRS liability may also help you to determine if hiring a tax attorney is worth it. As a small business owner you need to decide the cost versus benefit of having an attorney represent you. Remember, each hour you spend working to learn the tax law is an hour you could have dedicated to running your business or getting a new client.
Warning about pennies on the dollar
Plus, be wary of companies that tell you they can settle your tax debt for pennies on the dollar. If it sounds too good to be true it probably is. No one can help you escape your tax liability. A good tax attorney will also give you advice post the tax audit or IRS collection negotiation. Developing a good business strategy that considers tax liability is essential to having and maintaining a successful business.
A tax attorney can help you
- negotiate a good deal with IRS collections
- choose the correct entity with the least tax liability
- plan for your business expansion
- determine whether you have contractors or employees
- file a law suit against the IRS
- with an IRS tax audit
- plan your estate or file estate related tax returns