Tax Attorneys
What Is A Tax Attorney?
Tax attorneys specialize in handling IRS tax problems that can arise from tax filing errors, owing back taxes, tax fraud and more. A tax attorney or lawyer can help you understand your options for getting out of tax debt and work with you every step of the way to get there. IRS offer in compromise, tax lien release, IRS tax levy and wage garnishment release, tax settlement and establishing a tax repayment plan are all solutions that help you settle your tax debt burden.
What is Tax law?
It covers the rules, policies and laws that oversee the tax process, which involves charges on estates, transactions, property, income, licenses and more by the government. Taxation also includes duties on imports from foreign countries and all compulsory levies imposed by the government upon individuals for benefit of the state.
When Do I Need A Tax Attorney?
One instance in which a tax attorney is your best option is if you have not kept your tax payments up-to-date. Whether this is due to simple lack of adequate knowledge about your tax obligations, or from neglect, you may find yourself in the position of either knowing or assuming that you owe taxes which you have not paid. Personal problems, business upheavals, and other factors occasionally figure in to many people not paying their taxes on time. Tax issues can also be a problem for those who have recently changed their filing status, or for those who are dealing with business taxes.
What Is The Difference In A Tax Attorney And CPA?
Tax attorneys. An attorney observes the legal principle that protects the confidentiality of the information of their clients. The legal principle practiced is the so-called “Attorney Client Privilege”. This privilege highlights that the information between the personas involved cannot be given to third parties, even to the Internal Revenue Service (IRS). The line of information is exclusively between the tax attorney and the taxpayer only. Thus, only attorneys are exempted to be forced to provide essential information to other people or even to testify against their clients.Certified Public Accountants. The role of an accountant differs from that of the tax attorney. They can provide essential advice concerning financial planning, and they help clients file or correct tax returns. Which helps avoid particular tax problems. In some case, like tax bankruptcy, they cannot provide legal advice or even help their clients have for themselves of any available options. During court proceedings only the attorney can handle the case in your behalf since he/she is qualified to properly analyze legal issues and advice clients of their rights.