It is unfortunate, but true, that many people do not even consider consulting a tax attorney until one day they open their mailboxes and that dreaded letter from the IRS appears. A tax attorney is an attorney who specializes in all areas of taxes. The tax attorney must attend law school for one to three more years, after regular law school, to receive the Master of Taxation.
The IRS has its own group of experienced tax attorneys, so if you ever have to confront the IRS for any reason, it is imperative that you have your own tax attorney with you. A tax attorney has all the tools and means necessary to handle any tax problem that arises during any litigation or tax matter.
If the IRS has contacted you and you want to retain the services of a tax attorney, there are a few things to consider when looking for the right one.
First, you must choose a tax attorney who has extensive knowledge and experience in all areas of tax. This means that your chosen tax attorney must be up to date on all tax regulations, laws, recent and past tax court cases, recent and past tax rulings, appeal procedures, audit procedures, tax litigation. and collection.
You should also seek business knowledge when considering a tax attorney. Your tax attorney must have a great deal of knowledge when it comes to business accounting. He or she must have the experience and training in financial areas to fully understand your case. Your tax attorney should also have a working knowledge of many other legal areas, such as bankruptcy, agency law, and contract law. Your tax attorney must have a great deal of legal knowledge to recognize any issues that may be considered criminal in nature.
Finally, you need a tax attorney who is also experienced in negotiation and litigation. If you need to hire the IRS, you will need a tax attorney who can negotiate settlements and is there for you if you have to go to tax court if the IRS charges you with a tax offense. Dealing with the IRS can be a long, difficult, and humiliating process. It is vital that you have a reputable and knowledgeable tax attorney by your side during the test.
Your tax attorney will have full knowledge of all aspects of the tax laws and what the IRS can and cannot legally do during the process. He or she can advise you of your rights if the IRS breaks the law during any part of your dealings with that agency.
Disclaimer: The information presented here should not be construed as legal or tax advice. If you need legal or tax advice, seek professional advice from a qualified tax attorney to learn your best options.