4 Ways a Tax Attorney Can Help You With Your Tax Problems
There are various instances where a tax attorney can help you with your tax issues, including:
You're undergoing an IRS Tax Audit
IRS tax audits can be stressful and pretty scary. It can also be challenging to deal with a government agency by yourself. Hiring a tax attorney can make the entire process easy because they will communicate on your behalf. They will clear up any confusion or potential issues right away. Additionally, they will handle complex disagreements with the federal agency or state and negotiate a settlement.
You're facing severe tax penalties
An experienced attorney will make sure to mention every angle in your case. He will ensure you receive a good possible outcome based on your penalty. The tax attorney will also assess if you qualify for an IRS installment plan that allows you to clear your debt over time. In some instances, they can even get some of your penalties and fines waived through dialogue.
You need help with estate planning
A tax lawyer can help you devise estate planning strategies and handle all the paperwork involved in transferring assets to relatives, minimizing estate taxes, setting up trusts, and other tactics. They are well versed in estate planning and will make the succession setup process less painful to the family.
You're starting up a business
Are you setting up a new business? A tax lawyer can educate you on the tax implications and issues regarding the taxation of various business entities and tax effects on the business owners. A tax attorney will also help devise tax-smart strategies for, selling, buying, or expanding your business.
At the Law Office of Andre Clark, our attorneys are experienced in representing clients that are facing an IRS or State of California tax return audit. We will also answer all your queries about taxation in general. Contact us today and book now to schedule a consultation.