What can a tax attorney do for you?

For many of us filing taxes is something which is not a task to look forward to. But you need not burden yourself with this when you can get an experienced tax lawyer to help you with all your tax related issues.

Many people attempt to handle their own tax matters and often find themselves in trouble with the IRS. This is due to not filing taxes on time or failing to file them accurately and end up having to pay heavy penalties and even face the possibility of facing criminal charges.  Therefore considering the severity of the repercussions of not adhering to the tax code, it is advisable that you sought professional help from a tax attorney to guide you through the taxation process.

Here are some of the things a tax lawyer can help you with:

Plan out the taxes for a business

When you operate a business, it is vital that you adhere to the rules and regulations’ relating to taxation as well as any other legal obligations to make sure the business does not run in to any unnecessary problems with the authorities. Hiring a tax lawyer at the inception of the business will be very beneficial to the business as they will point out your mandatory obligations and other areas which can be problematic and provide advice on how to structure the business in such a way that you will get the maximum tax benefits afforded to a business entity.

Help file your tax returns

Unless you have a very simple and straight forward tax return, there are many areas in a tax return which can be omitted by us due to the lack of knowledge and understanding of the tax laws and therefore not make the claims you are eligible to claim. But a good tax attorney will get the benefits for you and this can amount to several hundred dollars.

Represent you at an IRS audit

If you have been selected for an IRS audit, it is best to get a tax attorney represent you. They will know how to handle matters with an IRS tax lawyer and work towards getting a favorable outcome for you. Lawyers that have the knowledge and experience as well as the contacts within the IRS can successfully argue your case.

Estate planning and probate matters

In addition to providing advice on tax matters a tax lawyer can also act as a probate lawyer as well as a will lawyer and do your estate planning. Since these involve tax issues it is best to have a tax lawyer act as your will lawyer to advice on these matters.