Tax Attorney – As part of the scheme, for example, LEVINE caused tax shelter fees paid by a Law Firm client to be routed to a partnership entity he co-owned with KATZ and thereafter used those fees – totaling approximately $500,000 – to purchase a home in Levittown, on Long Island. Specifically, LEVINE failed to report approximately $3 million in income to the IRS on his personal tax returns during the period 2005-2011. For his involvement in this scheme, KATZ received and failed to report to the IRS over $1.2 million in income on his personal tax returns. Let us help guide you though this tricky system and worjk though issues caused unfiled taxes, IRS tax audits, undisclosed income, unreported foreign accounts, and more. Let us help you take that first step towards a positive resolution. Business lawyers help their clients form business entities.
Knows how they impact your business. Catherine (“Cate”) Battin and Andrew (“Andy”) Roberson, Partners-McDermott Will & Emery: Tax considerations are a part of every major transaction and must be considered along with the business reasons for each transaction. BBB rating) utilizing competitive billing rates which are often substantially lower than our competition, hiring only the most qualified, experienced and educated staff that are commercially available, passing work down to the lowest billing rates in our organization where possible for the type of work performed, striving to never take on a client who’s circumstances cannot be improved sufficiently to fully justify our fees.
As you’ve probably concluded by now, working with a tax attorney typically saves you money and headaches down the road. And rather than working on complicated math equations, I am generally using logic to problem-solve. After all, the thought of numbers and math seeping into legal practice is an intimidating thought-isn’t that what law school is supposed to avoid? Rachel Kleinberg: Most people assume that tax lawyers need to be mathematicians and have a background in accounting or math. In that case, people pay lower sum than the required tax amount. Owe Taxes & Cannot Pay: Typically if an individual cannot pay their taxes the IRS will suggest entering into an installment agreement and paying overtime until the taxes are paid in full. In or about 2013, LEVINE was questioned by IRS agents concerning his involvement in certain tax shelter transactions and the fees received by LEVINE and KATZ from those transactions.
Kim, the Acting United States Attorney for the Southern District of New York, announced that HAROLD LEVINE, a Manhattan tax attorney, and RONALD KATZ, a Florida certified public accountant, pled guilty today in Manhattan federal court to tax crimes based upon their roles in a corrupt multi-year tax evasion scheme involving the failure to report to the Internal Revenue Service (“IRS”) millions of dollars in fee income stemming from tax shelter transactions. Between 2004 and 2012, LEVINE, a tax attorney and former head of the tax department at a major Manhattan Law Firm (the “Law Firm”), schemed with KATZ, a certified public accountant, to obstruct and impede the due administration of the Internal Revenue laws by evading income taxes on millions of dollars of fee income generated from tax shelter and related transactions that LEVINE worked on while a partner of the Law Firm. LEVINE, 59, of New York, New York, and KATZ, 59, of Boca Raton, Florida, each pled guilty to one count of corruptly endeavoring to obstruct and impede the due administration of the Internal Revenue laws, which carries a maximum sentence of three years in prison, and one count of tax evasion, which carries a maximum sentence of five years in prison.
State taxes for several years? CPAs can’t save you money on back taxes. ConclusionFrequently Asked QuestionsDo tax lawyers earn a lot of money? Acting U.S. Attorney Joon H. Kim said: “As tax professionals, both Harold Levine and Ronald Katz well knew their obligations to report their income to the IRS. The job of a tax attorney in this situation may be to represent you in tax court or help you negotiate a settlement with the IRS. However, I have a bachelor’s degree in English and find that my job is primarily writing and researching. Find a qualified tax attorney near you for professional help. An attorney can help secure what is likely to be the best possible outcome for your situation and avoid both unnecessary complications or errors. It is suggested to search for at least two options at the time of employing the best tax attorney. It’s the middle of tax season, so what better time than the present to shed some light on this legal practice area? A New Jersey tax lawyer can help you throughout this time to resolve this matter. Can have wage garnishments lifted in as few as two days. To sum up, a divorce lawyer works for an hourly wage in most situations.