Business income and deductions can be tricky to understand, and running a business is already hectic. A tax attorney can simplify the process.
No one wants to be audited by the IRS, but if it does happen, you don't want to go at it alone. If the IRS finds that you owe more money than you claim, your attorney can help you negotiate.
If you didn't pay your taxes or the IRS claims you didn't, you could end up in jail and paying some major fines. An attorney can prove your innocence or help ensure you receive a lesser penalty.
If the IRS wants to know why failed to file your taxes during a specific year, a tax attorney can communicate on your behalf.
When a loved one dies and you inherit money or other property, you must work with the IRS to ensure all taxes are paid.
There are many professionals who can help you with your taxes and communication with the IRS, but only a tax attorney has client-attorney confidentiality.
26 Types of Attorneys Who Can Help You
You want the person most qualified for your life or business.
Rules of Thumb: Make Tax Filing Easier
Many small business owners say they spend 80 hours on taxes each year.
Search for an attorney who stays up-to-date on current laws.
Always for references before letting an attorney represent you.
The 5 Most Common Tax Mistakes
Hiring an expert costs money, but it’s their job to find mistakes.
12 Questions to Ask When Hiring a Lawyer
Use this simple script for screening your prospective attorney.