Most taxpayers are confused as to when they should hire a tax attorney. In fact, most of them make it a point to stay clear of the IRS. They think that once they pay the taxes each year, they will never draw the attention of the IRS. But given the sole responsibility of collecting revenue for the government, the IRS will usually call upon individuals who are lagging behind on paying their taxes and forwarded erroneous tax returns. In case you have to deal with the IRS for tax defaults or whatever reason, you should hire a qualified tax attorney to represent your case. A reliable tax attorney can help smoothen out whatever issues you face with the IRS. This article provides information on when you need to hire a tax attorney.
IRS tax disputes are one of the main reasons why you need to work with an experienced tax lawyer in the area. In case you have any type of tax dispute with the Internal Revenue Service, you should plan to hire the best tax attorney to represent your case. Your tax lawyer will communicate with the IRS on your behalf. In fact, he or she will be present with you during the IRS audit and help negotiate a settlement. An experienced lawyer will ensure that you don’t overpay due to the IRS audit. Most taxpayers neglect warning letters from the IRS since they don’t know how to respond to such letters. In fact, they become scared and shut down as soon as they receive a warning letter from the IRS. If you don’t respond to the warning letter of the IRS, they may have no other option but to initiate criminal charges against you for tax evasion purposes. If you are a target of an IRS criminal investigation, you should quickly hire a tax attorney to represent your case. Your tax attorney will assure the IRS that you will be taking its investigation seriously and working with the IRS to settle the issue in due course.
The services of the best tax attorney in Dayton is invaluable when you are facing a complex legal tax issue. There are many complicated legal tax issues where you need the services of a tax lawyer. Some of them include:
. You want to appeal an audit or challenge the IRS on one of their tax decisions.
. You intend to sue the IRS
. You are establishing a new business and looking for ways to structure your company.
. You need advice on how much you owe in estate taxes as an executor of an estate.
. You have committed a tax fraud
. You have received a CP notice informing that your tax is due.
If you are involved in a business transaction that could have certain tax implications, you need the service of a qualified tax lawyer. It is common practice to hire a tax lawyer and get him/her to write a tax opinion letter when entering into such a business transaction. In fact, a tax opinion letter will ensure that the transaction is legitimate. Tax issues involved in business transactions are quite complex. That is why it is important to get a tax opinion letter under such circumstances. That is where the service of a qualified and experienced tax attorney comes in handy.
Communicating with the IRS requires a certain amount of eloquence. If an individual is not well-spoken, he or she should get advice from a tax lawyer when communicating with the IRS for whatever issue. On the other hand, even the calmest person in the country may be riddled with fear when he or she receives a letter or an interview with the IRS. Most of them are under pressure when having to deal with the IRS. They can jeopardize their relationship with the IRS under such circumstances and fall into trouble. They may not be able to positively communicate with the IRS under such circumstances. A tax attorney can help you communicate effectively with the IRS and solve whatever issues you are having. A lawyer can send letters, make phone calls, or directly speak to the IRS agent in order to solve your issues. Make sure you work with the best tax attorney in the area under such circumstances.
Missing tax returns is another instance where you need the service of a professional tax attorney in the area. Even a responsible individual can make mistakes when filing his/her tax returns. In fact, he or she may neglect to file a tax return every now and then. If you have missing tax returns that you should have filed, you should work with a tax lawyer to complete the process. The IRS may have many questions to ask the client under such circumstances. The client can have his or her attorney explain the actual circumstances. A reliable attorney can get some leniency from the IRS in getting those missing returns filed and avoid any penalties in the process.
A CP Notice from the IRS means that the individual owes a balance to the government. Such a notice is difficult to read and understand. A layman may not be able to understand how much he or she owes the government. A reputed tax attorney can explain the notice to the client and help in negotiating with the IRS. That is the importance of hiring a reputable and experienced tax attorney in your area. He or she will help you settle whatever issues you are currently facing.
The IRS also collects taxes from money that individuals receive through inheritances and estates. These tax areas are quite complex for one to understand. A reputable tax lawyer will help the individual pay the taxes that are due. That way the IRS will have no reason to pursue the recipient of the estate. These are some of the most common circumstances where one needs the service of a qualified tax attorney.