Are you being audited or dealing with a tax problem? These are some scenarios in which a tax attorney may assist you.
What you’ll discover:
What Is the Role of a Tax Attorney?
How Do I Determine If I Need a Tax Attorney?
What Does a Tax Attorney Charge?
What Can I Expect When Hiring a Tax Attorney?
If you are being audited by the IRS or have another tax-related problem, you may need the assistance of a professional to clear your name or decrease your tax burden.
Table of Contents
What Does a Tax Attorney Do?
Estate planning, local and foreign business, the IRS, and other tax-related matters are all dealt with by tax lawyers. Tax lawyers may also help with litigation and settlement discussions.
How Do I Know Whether I Need a Tax Attorney?
You should consult with a tax attorney if you:
Are you preparing an estate plan for a large estate?
Are you beginning a new company and looking for tax advice?
Own a company that is being audited by the IRS?
Do you want to submit an audit appeal?
Want to negotiate the amount of taxes you owe?
Do you want to pursue a wrongful levy or wrongful disclosure claim?
Have a hearing at the United States Tax Court.
What Does a Tax Attorney Charge?
Lawyers bill in a variety of ways, but many tax attorneys charge an hourly fee with a retainer. A retainer is a one-time payment made by the client. It may be used to secure the attorney’s future availability or as a down payment deducted from the attorney’s regular hourly rate. A retainer may be non-refundable, so be sure you’re comfortable with your attorney before entering into this agreement. Rates should be discussed with your attorney ahead of time so you know what to anticipate.
What Can I Expect When Hiring a Tax Attorney?
Tax attorneys are available to assist you with tax issues. Professional competence in finance, estate planning, real estate management, and other fields is expected.