Introduction on Frequently Asked Question before Hiring a Tax Attorney
Taxes are a complex and often confusing aspect of our financial lives. From filing annual tax returns to dealing with the IRS, it’s easy for taxpayers to feel overwhelmed. Fortunately, there are professionals who specialize in tax law and can help you navigate tax issues with confidence. Law Offices of Stephen B. Kass, P.C is a highly trained legal expert who can provide valuable assistance with everything from tax planning to representing you in disputes and tax problems with the IRS. However, many people are unsure about what tax attorneys do or how they can help. In this article, we’ll answer some of the most common questions people have about tax attorneys and provide the information you need to make informed decisions about your tax-related legal issues.
Questions to Ask a Tax Attorney: Tax Lawyer Basics
What Does a Tax Attorney Do?
Tax attorneys help individuals and businesses with tax-related matters. They can advise clients on how to structure their businesses to minimize taxes, represent clients in tax disputes with the IRS, and help clients prepare and file tax returns. Tax attorneys can also advise on tax planning, estate planning, and other financial matters.
When Should I Hire a Tax Attorney?
You should consider hiring a tax attorney if you’re facing a tax audit, have a tax dispute with the IRS, or need advice on tax planning or estate planning. Tax attorneys can also help with tax-related legal issues such as tax fraud, tax evasion, and other criminal tax matters. It’s essential to consult with a tax attorney as soon as you can if you’re facing any tax-related legal issues.
How Much Does a Tax Attorney Cost?
The cost of hiring a tax attorney can vary depending on the complexity of the case and the attorney’s experience and expertise. Some tax attorneys charge an hourly rate, while others may charge a flat fee for specific services. Discussing fees and payment arrangements with your tax attorney before hiring them is essential.
What Qualifications Should I Look for in a Tax Attorney?
When looking for a tax attorney, finding someone with experience and expertise in tax law is crucial. Look for an attorney with a law degree and licensed to practice law in your state. You may also want to consider an attorney with additional tax law certifications, such as a Certified Public Accountant (CPA) or a Master of Law (LLM) in Taxation. It’s also essential to find a tax attorney with a stellar reputation and a track record of success in handling tax-related matters.
How Can a Tax Attorney Help Me with an IRS Audit?
If you are facing an IRS audit, a tax attorney can help you prepare for the tax audit and represent you during the audit process. Your attorney can review your tax returns and other documents and help you understand your rights and obligations during the audit. A good tax attorney can also negotiate with the IRS on your behalf and help you reach a settlement if necessary.
Can a Tax Attorney Help Me Reduce My Tax Debt?
Yes, a tax attorney can help you negotiate with the IRS to reduce your tax debt. Your tax attorney can review your financial situation and help you determine the best course of action for reducing your tax debt, such as an installment agreement or an offer in compromise. They can also represent you in negotiations with the IRS and help you reach a favorable settlement.
Conclusion on Common Questions People Have About Tax Attorneys
Tax attorneys are highly trained professionals who can provide valuable assistance with tax-related matters. They can advise clients on tax planning and estate planning, represent clients in tax disputes with the IRS, and help clients prepare and file tax returns. When hiring a tax attorney, it is essential to find someone with tax law experience and expertise who has a good reputation and a track record of success in handling tax-related matters. If you are facing a tax-related legal issue, it’s essential to consult with a tax attorney as soon as possible to protect your rights and interests.
Navigate the complexities of tax law with the help of Law Offices of Stephen B. Kass, P.C. We are a tax attorney in New York that has offered experienced legal counseling in the areas of taxation for more than 15 years. We are one of the few firms in New York that deal with Tax Debt through Bankruptcy Court filings and are in daily contact with the IRS, NYS, the United Stated Attorneys, and Attorney Generals on tax matters. Get in touch with us today!