Role of Tax Attorneys
Since tax laws in the United States are very intricate and difficult to understand, the role of a tax attorney is critical when making important decisions that will impact the tax liability of an individual. For both businesses and individuals, seeking the advice of a qualified tax attorney can often mean the difference between making a good choice and a poor choice when it comes to tax deciding personal tax issues. From providing guidance so that individuals are able to create things like trusts that have beneficial tax implications, to helping businesses structure themselves in a way that allows profits to be maximized, the role of a tax attorney is critical.Additionally, the role of a tax attorney is to help individuals and businesses operate within the confines of the applicable tax laws. Attorneys who have skill and knowledge around tax rules and can understand the impact that certain decisions will have on overall tax liability can make a substantial difference in the business endeavors and personal affairs of their clients.
Tax Problems an Attorney Can Help With:
Tax attorneys can be very helpful in a wide range of situations where tax liability is involved. Some of the common issues Tax Attorneys help with include the following:- Property Tax Appeals: Appealing Reassessments and lowering Property Taxes
- Tax Evasion: Fighting or Minimizing Charges
- Tax Audits: Setting up a defense for beating or minimizing the damage of an audit
- Innocent Spouse Tax Relief: freeing an innocent spouse from their spouses tax debts
- Wage or Bank Levies: reducing or fighting wage bank levies or wage garnishments
- Asset Seizure: minimizing or fighting them
- Tax Penalties: reducing the extent of penalties and fines, setting up repayment plans
- Unpaid Income Taxes: minimizing the reprecussions and setting up a plan to pay them back
- IRS Tax Collections and Reducing Tax Debt
- Tax Fraud and Litigation
- Tax Liens: filing or releasing them
- Self Employed or Business Tax Legal issues
Types of Tax Attorneys
Just as there are many types of taxes, there are also many types of tax attorneys. Some tax attorneys specialize in the tax benefits associated with estate planning and the creation of beneficial trusts. Other tax attorneys specialize in highly complex business structures that are intended to allow taxation to flow-through or exempt certain entities. Finding the right type of tax attorney requires the client to do their homework and research attorneys who specialize in the areas that pertain to their needs.- Tax Litigation Attorney
- Income Tax Attorney
- Property Tax Attorney
- Criminal Tax Attorney
- Business Tax Attorney
- Property Tax Attorney