Tax Attorney – Personal value tax. Business value tax. If the tax implications of a financial, business, or personal matter are not addressed, problems can arise in the future. A trustworthy tax attorney who is familiar with the ins. In addition to speaking and negotiating with the IRS on your behalf, a tax attorney is often able to dissuade the IRS from pursuing inappropriate lines of questioning. The 2011 IRS Offshore Voluntary Disclosure Initiative (2011 OVDI) allows individuals who have failed to report offshore income avoid criminal prosecution. It is quite simple for the IRS to hunt down individuals with back taxes, which means you simply cannot get away. Within instances like these, in the event the individual is actually slumbering on his obligations, he awakens one specific day to discover that he should be pushing out his working shoes, as the IRS is in the hunt for him. If you make a mistake on your tax return a tax attorney can help straighten out the mistakes. Attorney Laura Anastasia Brown prides herself on conducting business to the highest standards of professional conduct.
An IRS tax attorney is definitely an expert professional who is able to resolve the majority of tax difficulties. Will it cost me more to hire the Tax Law Offices of David W. Klasing, who’s main office and the vast majority of the firm’s staff is located in Irvine California but a Satellite office is close to my location, as opposed to a local company? Already been audited and can’t believe you owe the Internal Revenue Service between 50 – 100K or more? Taxpayers often find that they need the assistance of an affordable tax attorney to help them answer questions or concerns regarding the Internal Revenue Service (IRS). It would totally be an enormous blunder to never negotiate the money you owe with the Internal Revenue Service. You’ve still got sufficient money to pay for added obligations for those who have credit cards. Help your business save money. Fresh Start Initiative aims to help financially-distressed taxpayers who want to pay their dues but are unable to pay due to financial constraints.
While it may be true that Justice Oliver Wendell Holmes, Jr. once said that taxes are the price that we pay for a civilized society, it is also true that the power to tax is the power to destroy. Do not hesitate to arrange for a consultation with a West Chester tax lawyer, for justice delayed is justice denied. The services of a tax attorney should be sought when you are starting a business and would like advice on the structure and treatment of tax on your business. Paying your tax attorney an hourly rate can be attractive, as you will not overpay when your case is settled swiftly. A tax attorney is the one who can give you expert advice on whether or not to itemize your tax deductions, in case you are unable to make use of the standard deduction. Attorney Brown holds a Masters of Law Degree (LL.M.) in Taxation from Boston University School of Law, as well as a J.D. There is no specific undergraduate degree listed as a requirement. There are additional tax relief opportunities should you not get an offer in compromise. Every individual and entity must comply with what can be complicated federal and state tax laws.
A good attorney dedicates most of his time studying, evaluating and researching about various laws. While you may assume that your accountant knows all of these laws, the truth of the matter is that the laws and rules are always changing, as with any other area of law. You should retain a tax attorney whenever you are faced with an audit, criminal charges, or need to file past due returns. Your tax attorney can also negotiate with the IRS on your behalf, make payment arrangements if you owe any penalties or fees after the audit, and file for penalty abatement on your behalf.
These fines and penalties can mount so quickly that they can sometimes dwarf what you actually owe. Ignoring the problem or thinking the IRS or Massachusetts department of Revenue won’t audit you can have a very serious consequences (big fines & criminal penalties). However using tax liability isn’t the solution because it can result in significant fees and penalties. The failure to repay taxes will result in substantial penalties and interest. Often it is only a seasoned tax attorney that can achieve a just result for the Taxpayer.