Most People Should...
It is unfortunate but true that many people do not even consider consulting a tax attorney until they open their mailboxes one day, and there is that dreaded letter from the IRS. A tax attorney is a lawyer that specializes in all areas of taxes. The tax attorney must attend law school for one to three more years, after regular law school, to receive their Masters in taxation.
The IRS has its group of experienced tax attorneys, so if there is ever a time when you need to face the IRS for any reason, you must have your tax attorney with you. A tax attorney has all the tools and means necessary to handle any tax matters during any tax disputes or issues.
If you have been contacted by the IRS and are looking to retain the services of a tax attorney, there are certain things to keep in mind when looking for the right one.
First, you need to choose a tax attorney with extensive knowledge and experience in all areas of taxation. This means your chosen tax attorney should be up to date on all tax regulations, laws, recent and past tax court cases, recent and past tax rulings, appeal procedures, audit procedures, tax litigation, and collection.
It would be best to look for business knowledge when considering a tax attorney. Your tax attorney should have a good deal of knowledge about business accounting. They should have the experience and training in financial areas to understand your case thoroughly. Your tax attorney should also have a working knowledge of many other legal areas, such as bankruptcy, agency law, and contract law. Your tax attorney should have a good deal of legal knowledge to recognize any issues that could be deemed criminal.
Finally, it would be best if you had a tax attorney who has negotiation and litigation skills. If you need to take on the IRS, you will need a tax attorney who can negotiate settlements and be at your side if you need to go to Tax Court if the IRS accuses you of a tax crime. Dealing with the IRS can be long, brutal, and demeaning. It would be best if you had a reputable, knowledgeable tax attorney at your side during the ordeal.
Your tax attorney will have a full working knowledge about all aspects of the tax laws and what the IRS legally can and cannot do during the process. They can advise you on your rights if the IRS happens to break the law during any part of your dealings with that agency.
Disclaimer: The information presented here should not be interpreted as legal or tax advice. If you need legal or tax advice, please seek professional advice from a qualified tax attorney for your best options.
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