1548 The Greens Way – Ste. 4 Jacksonville Beach FL 32250
Several professionals can help taxpayers navigate stressful issues with the IRS (Internal Revenue Service) and state tax agencies, each with their own training and abilities. It’s useful for taxpayers to understand the several benefits of hiring a Florida tax lawyer for IRS and state tax problems. Tax attorneys bring significant knowledge and experience that they can apply to your unique case, including tax code compliance or negotiating tax debt.
There are numerous reasons why you could benefit from a tax lawyer as a business or individual taxpayer:
An attorney’s comprehensive legal knowledge is exceptionally beneficial for both individual and business taxpayers. They are aware of state, federal, and local tax codes and are well-versed in the most recent changes to the laws.
Numerous issues may arise while tax planning, addressing tax debt, or handling an audit, and a tax attorney has accurate and extensive information about those areas. Tax issues are often very complex for taxpayers, and the information and clarity an attorney provides can make it much easier to make informed decisions.
A tax lawyer in Florida can apply the tax code to your individual situation, giving you legal advice that is entirely tailored to you. You may be an individual or an employer, be an employee or an independent contractor, have several sources of income, or have numerous other factors that influence how you file your taxes.
When you have tax disputes and errors, your individual circumstances can also influence your options for resolving your tax debt. An experienced attorney can guide you based on the specific factors of your case, reviewing how state, local, and federal tax codes impact you and your taxes.
A tax attorney can help you prepare your tax returns and other documents, minimizing your tax liability by determining what deductions you qualify for. Strategic tax planning can also help you avoid errors when filing your taxes and prevent future disputes or issues with the IRS.
Audits can happen for different reasons, including random and for-cause inspections. In either case, working with a tax attorney helps you prepare for the audit, limits the stress and uncertainty of the process, and helps you address any potential issues. Your attorney can protect your rights with the IRS agent. If a discrepancy is found, your attorney can help you review it and take the right steps to resolve it. This may be through an appeal or by negotiating the debt.
When a tax attorney is licensed to deal with the IRS or a state tax agency, this means they can represent you and discuss with the agency on your behalf. This gives you legal support and saves you time and stress. Whether you are trying to resolve a tax debt, dispute, audit, or other tax issue, your attorney can help you understand the situation and your options and protect your rights if they are being encroached on by the IRS or state tax agency.
Having an attorney’s support gives you certainty as you navigate complex tax issues. It also enables you to focus on other areas of your life and business.
When you owe back taxes, penalties, and interest to a tax agency, you must typically pay that debt in full. However, if doing so would put you in financial hardship, there may be other options.
An attorney is exceptionally helpful in determining how you may be able to resolve your debt and appealing collection actions. Collection actions may include levies, liens, or wage garnishment. These actions can cause you severe financial harm. Your tax attorney can review options like installment agreements, penalty abatement, or an offer in compromise. This can help you avoid more serious issues with a tax agency and resolve your debt.
An attorney can also help if you have been informed of a tax debt that you think is inaccurate. Working with an attorney can help you resolve this issue with less stress.
A: Yes, a tax attorney can help taxpayers deal with the IRS. You may be facing an IRS audit or have a federal tax debt that you cannot pay. If a tax attorney is licensed to deal with the IRS, they can represent you and protect your interests. An attorney can handle the process of an audit, including appeals. A tax attorney can also negotiate your tax debt, such as by reducing the penalties you owe or creating a payment plan.
A: Discussing your case with a tax attorney is essential to determine if it is worth going to tax court over a tax dispute. If you are facing penalties, fines, or other judgments that you believe are unfair or unwarranted, and the appeals process did not help, you may want to take the case to tax court. A successful tax court case can reduce or eliminate the fine that you owe the state or tax agency.
A: You might want to work with a tax attorney instead of a CPA if you are being audited, need legal advice for your taxes, or have significant tax debt. An attorney can represent you in an audit, review your financial information, and negotiate with a tax agency for you. Both professionals are skilled and trained in tax codes, but attorneys are licensed to give legal advice.
A: It is incredibly beneficial to hire an attorney if you have received notice of an IRS audit. Even if you believe you have done nothing wrong, an attorney can help the process go more smoothly. This is done by gathering documentation, reviewing it for errors, and representing you to the IRS agent. If there are no errors in your documentation, but the audit claims you owe more in taxes, an attorney can review this decision and appeal it if appropriate.
Complex tax issues require experienced and dedicated professionals. At Tax Smith Tax Attorneys, we have worked in tax law for decades. When you need a knowledgeable tax attorney, contact our firm.
Please fill out the Contact Request Form and a Tax Attorney/Paralegal will call you
to discuss legal representation or to schedule your free initial consultation