Hiring a tax lawyer is far more sensible than facing the IRS alone. Disabuse your mind that tax attorneys are scary and expensive because they’re probably what separate you and the jail cell, in case the Service decides to file criminal proceedings against you for failure to pay the correct amount of taxes.
Remember, IRS matters are sensitive and you don’t want to compound the problem with small mistakes which can be avoided in the first place by a tax professional.
Why Hire That Lawyer?
They won’t and can’t testify against you in case your tax liability case goes to court. Working with a tax lawyer bounds him or her to the attorney-client privilege. Unlike a CPA or tax preparer, who can also probably help out in such situation, a lawyer is the only one exempted from testifying against a client.
You need help to make the right decisions. The Tax Code and laws are complicated and may change annually. A tax attorney has the experience and skill to work out tax settlements based on a full understanding of the ins and outs of various tax programs.
The last thing you want is to be under the collection process from the IRS then get bad advice. You can jeopardize your financial future without proper knowledge and guidance and at this point, only a tax lawyer can protect you against this.
The Best Time to Hire
So, you’re already in a bind with IRS and decide to get the services of a tax attorney. Be certain he’s going to get you off the hook or save you millions at least rather than dig a deeper grave. Take the time to know that lawyer who’s supposed to bail you out. Knowledge and trustworthiness are crucial factors when choosing which lawyer or firm to go with. Continue reading Insider’s Scoop Why You Need a Tax Attorney