IRS Tax Attorneys is familiar with all the latest IRS changes and are knowledgeable about how to navigate the system. They will work closely with you throughout the resolution process, working diligently to ensure you receive the highest tax resolution results. IRS Tax Attorney vs. Certified Public Accountant (CPA) tax attorneys have the necessary knowledge and expertise to help with everything from challenging IRS audit determinations to navigating IRS tax relief programs and negotiating tax settlements. IRS Tax Attorneys has many resources available to them to help them in each of their cases, including informational websites, tax lawyers that are on retainer and full-time staff members who are dedicated to serving taxpayers. The IRS has an appeals process and knowledgeable attorneys that specialize in IRS tax liability and fraud cases can help in any of these situations.
Tax attorneys also have extensive experience representing individuals and businesses that have been the victims of tax fraud. Their clientele range from individual taxpayers who are dissatisfied with the IRS to large multinational corporations that have been the victims of criminal tax schemes. These professionals also have the knowledge to represent you in face-to-face meetings, helping you resolve your current tax issue as well as preparing the necessary documentation for appealing future IRS actions. A tax attorney has spent years in the trenches as an IRS representative and can use that experience and knowledge to help you resolve your current issues, or to guide you through the process of resolving past-due federal tax liabilities.
Many taxpayers find it very overwhelming when dealing with the IRS, and it’s easy to make mistakes when preparing and completing your returns. When you are faced with a pending audit, be sure to gather all documentation and information needed to support your position before you speak with the IRS auditor. Be sure you are completely accurate with your information, which can often make the difference between the success and failure of a negotiation. It is important that you do not lie or misrepresent yourself, as the IRS will use this against you during any appeal process and any criminal prosecution.
One of the best ways to avoid an audit is to be proactive in educating yourself about your tax situation, and you may want to retain a professional CPA. This individual can provide you with valuable information when it comes to understanding the tax laws, and they can help you understand the implications of any financial decisions you make regarding your federal tax bill. A qualified professional will also be able to review your records to determine if there are any errors, and in many instances a tax bill can be reduced significantly by the addition of a few simple deductions. Educate yourself as much as possible before contacting the IRS to discuss your back taxes. You’ll find that if you act promptly on your own and early, you have a better chance of avoiding a potentially negative audit and a hefty tax bill.
Another option for resolving your tax debt is to reach a compromise with the IRS. Although reaching a compromise seems to be the most popular option, it is not necessarily the best one for each individual case. If you choose to reach a compromise with the IRS, your tax lawyer may advise you to contact a certified tax specialist, or a tax lawyer. Tax specialists and c tax lawyers specialize in preparing tax liability settlements, which allows them to negotiate a much more reasonable tax bill for you. They can also ensure that you fully comprehend the terms of a settlement and can save you money in the long run by minimizing your tax debt.
When hiring a tax lawyer and/or attorney, be sure to ask what their fees will be and if they charge for an initial consultation. You may be able to negotiate a no-cost consultation in which you present your tax situation and agree to work with the IRS to reach a resolution. In some cases, the IRS may propose an affordable compromise, in which case you would pay a share of the attorney fees. If the compromise doesn’t satisfy your needs, you may wish to hire a legal advocate who may pursue additional legal action in order to pursue the IRS for tax penalties, interest and other rewards awarded to you due to your tax fraud or crimes.