Orlando Tax Preparation Attorneys

Orlando Tax Preparation Lawyer

There are several benefits to preparing your taxes with a skilled legal professional. For many people, taxes and filing taxes is very stressful. Whether you only deal with taxes each year, quarterly, or deposit taxes as an employer, it can be overwhelming to correctly follow every obligation. Navigating the process with Orlando tax preparation attorneys can simplify the process and limit your stress. It can also help you avoid future tax issues.

Tax laws are frequently changing, and it can be hard for taxpayers to keep up with the changes, especially when also considering their own financial and personal stressors. Though a mistake may have been made in error, it can still result in fines and penalties or even cause the IRS to audit you. A tax professional helps limit this likelihood and can also help you in the event of an audit.

Legal Support for Tax Preparation in Orlando

The lawyers with Tax Smith Tax Attorneys have decades of collective experience in tax laws and helping taxpayers navigate tax filings and tax issues. We understand local, state, and federal tax codes and can help you more efficiently prepare and file your taxes each year or throughout the year. We help limit the mistakes made in the filing process and ensure your tax returns and deposits comply with tax laws.

Our team knows how frustrating taxes and tax laws can be. We help you navigate this tedious process with compassion and care, helping you make informed choices throughout. Our team focuses on the details of your individual case, helping you file according to your unique circumstances. This allows you to take advantage of the most tax benefits possible for your situation.

When Can Professional Tax Preparation Benefit You?

Any taxpayer can reap benefits and ease their stress by working with a professional tax preparer, although many taxpayers are able to file straightforward taxes themselves. When taxpayers have more complex tax filings, they are more likely to need professional support and see more benefits from the support. This includes both individual and business taxpayers. There are several situations why your taxes might be considered complex:

• You are an employer or business owner
• You own a home or rent an apartment or other living space
• You are disabled and/or collect government benefits
• You collect unemployment insurance
• You work as an independent contractor or are otherwise self-employed
• You have existing tax debt
• You have children
• You are paying your federal student loans
• You have benefitted from an inheritance

There are many other unique circumstances that can complicate the process of filing your taxes. When your income or job is unique, it often results in unique taxes. These unique filing requirements often come with additional information requirements. It’s important that you include the correct and full information that is needed when filing federal or state taxes.

How Does an Orlando Tax Preparation Attorney Help Me?

An attorney can help you prepare, plan, and analyze your tax documents and deposits. A tax preparation attorney in Orlando, Florida, can help in many ways, including:

• Determining what the relevant tax forms are for your returns and other tax needs
• Collecting the documents and information needed to file taxes accurately
• Ensuring that tax returns, quarterly estimates, or employer deposits are filed on time and in the right way
• Providing you with confidence that your taxes were filed correctly
• Ensuring compliance with all tax codes as an individual or a business
• Limiting the likelihood of penalties, audits, or criminal charges for accidental or intentional errors in your taxes
• Determining ways to plan for tax requirements in the future
• Finding out how to maximize your return by finding all potential legal deductions
• Integrating tax planning with an estate plan
• Providing you with the necessary information for your questions about taxes

You can avoid future issues with tax agencies by doing your taxes right to begin with. An attorney can help ensure this happens.

FAQs

Q: What Is a Tax Lawyer?

A: A tax lawyer is a tax professional with education and experience navigating state and federal tax codes and how they impact personal and business taxpayers. These attorneys can provide legal advice relating to tax codes. The exact services a tax lawyer can provide depend on the specific practice and scope of practice. An experienced lawyer may be able to help with audits, debt settlement, and tax preparation. This can help taxpayers remain on top of changes to tax codes and help them resolve tax issues.

Q: Why Might You Seek the Help of a Tax Attorney Rather Than a CPA?

A: You might seek the help of a tax attorney rather than a CPA (certified public accountant) if you are in need of legal advice, negotiation skills, or litigation representation related to tax issues. Both tax attorneys and CPAs have education in tax laws and help their clients with tax needs, but an attorney has the ability to give legal advice, particularly on more complex legal issues. An attorney can also help with audits, investigations, and even criminal tax issues.

Q: How Much Do Tax Attorneys Cost?

A: How much tax attorneys cost relies on many factors and will be dictated by the attorney’s circumstances and the complexity of your case. Every attorney and law firm will have its own method of charging and rates, relying on factors such as:

• Their own policies
• How complex your specific case is
• What resources are required for your case
• The type of legal support you need
• The attorney’s skill and past success in this area
• How specific the legal advice is

Q: Can a Tax Attorney Negotiate With the IRS?

A: Yes, a tax attorney can negotiate with the IRS. A tax attorney can represent the interests of either a business or individual taxpayer to the IRS. This is most commonly needed when a taxpayer is attempting to negotiate a settlement or alternate payment plan with the IRS, trying to limit collection actions, or is facing an audit and needs representation. IRS tactics to collect can be very financially stressful, and an attorney can help taxpayers protect their rights.

Filing Your Taxes Right With Tax Smith Tax Attorneys

When you’re looking for legal support in Orlando to file your taxes properly, Tax Smith Tax Attorneys can help. Contact our law firm today with any questions about your taxes and to see how we can help.