If you are straining with tax issues such as IRS liens, wage garnishments, or outstanding bills, it is easy to feel overwhelmed as the tax matters accumulate. Nonetheless, always keep in mind that you are not alone. Thousands of taxpayers grapple with serious state and federal tax debt problems each year, from tax levies on properties to overdue returns and even criminal charges. Fortunately, there is a straightforward solution to the issue.
Tax attorneys have the experience and knowledge to assist with everything related to tax. They can appeal IRS audits, navigate tax forgiveness programs as well as negotiate tax settlements. Here are situations where businesses and individuals need a reliable tax attorney to ensure that their business with the IRS is effective, quick, and easy.
You’re being audited.
While IRS audits are normal, there are some scenarios where the agency sends a message requesting you to provide documentation to support tax deduction or credits you claimed. In such a case, if you are sure you can handle the issue or your accountant can deal with it, an attorney may not be necessary.
However, if you disagree with the auditor’s conclusion, you can appeal. And this is where you will require legal representation. A tax attorney will help you negotiate a settlement with the agency.
Awareness of tax policies
Tax laws change regularly, and it is very difficult for an ordinary citizen or accountant to keep up with the updates. On the other hand, a tax attorney is always up to date on tax policies and laws. Their comprehensive and all-around expertise in the field is fundamental in helping you to file your returns appropriately and get the most appealing outcome.
Tax fraud
If the IRS accuses you of tax fraud or evasion, then your livelihood, assets, and freedom are on the line. In such a situation, only an experienced and qualified tax attorney can help you. They will represent you in court as well as provide you with legal guidance and advice. Also, you will have attorney-client privilege meaning anything you discuss will remain confidential. That won’t be the case with an accountant.
When setting up your estate plan or will
Your regular lawyer working closely with a tax lawyer can be a very good idea when setting up your will or estate plan. Depending on the estate’s value, you might be passing additional taxes to your loved ones without knowing. You may also end up paying more taxes if you are not careful. A tax lawyer will ensure that you only pay what is required, not a penny more or less. Similarly, they will give you ideas on managing your property without paying a lot of taxes.
Need help with a tax Issue?
If you have any concerns or questions about any tax matter, do not hesitate to contact experienced and qualified tax lawyers at Hillhurst Tax Group. Our attorneys have been around for a while, helping businesses and individuals resolve tax issues with IRS. Protecting taxpayers’ rights is our priority.