Are you currently caught in the middle of a tax dispute? If so, then you may be understandably intimidated by the idea of facing the IRS. This can be a very stressful time, and the last thing you need is to face the situation alone. By working directly with an experienced tax attorney, you can receive the legal guidance and representation needed to resolve your case. Specifically, there are numerous tax attorney benefits that can make the situation much less stressful.
1. Navigate Complex Laws and Codes
IRS tax laws and codes are constantly changing, with new codes being published each tax year. Trying to stay up to date on these changes, and how they apply to you, can be extremely cumbersome. By working with a tax attorney, you can rest assured that the attorney representing you has the knowledge and understanding needed to help with your case while also making complexities of tax law easier to understand.
2. Confidentiality and Attorney-Client Privilege
When working with a professional tax attorney, you have a safe environment in which to disclose confidential information. This is known as the attorney-client privilege. You aren’t afforded this same privilege when speaking with your accountant or enrolled agent. The attorney-client privilege is vital when it comes to protecting both your rights and your privacy — particularly when being accused of a tax crime.
3. Receive Skilled Negotiation Assistance
What if you’re facing a situation where you owe a substantial amount in back taxes (and simply cannot afford to pay them) or the IRS is auditing your tax return? This is where having the proficient assistance of a tax attorney can make all the difference. Negotiating with the IRS requires knowledge of the tax law and an understanding of tax procedure. You cannot understand the strengths and weaknesses of your case if you do not have a good understanding of substantive tax law and procedure. Having a tax attorney who handles IRS disputes can help you negotiate the best possible settlement based on your individual facts and circumstances. Of course, there are never any guarantees when negotiating with the IRS, but your chances will be much better if you bring a knowledgeable tax attorney to the table with you than if you were to do this alone.
4. Provide a Legal Solution to Resolve the Case in Your Best Interest
The IRS cannot provide legal advice, counsel you on ways to reduce the taxes owed, assist you on substantiating items on your return, or advise you on whether or not a tax motivated bankruptcy is in your best interest. The IRS’s mission is to enforce the tax code and collect back taxes from you in the least amount of time. People working at the IRS have managerial pressure to move cases along and collect taxes. Therefore, IRS personnel will not patiently wait for you to substantiate deductions claimed on a tax return or provide you the time to get your finances back in order. A tax attorney will advocate on your behalf, ensure the IRS is following proper protocol and advise you on the best way to resolve your tax problem in the most expeditious, tax-efficient way.
5. Achieve Long-Term Savings
One of the biggest mistakes people make when it comes to facing the IRS is failing to hire a tax attorney because they think they can’t afford it. In reality, you can’t afford not to have a tax attorney on your side. Because a dedicated tax attorney always acts with your best financial interests in mind, having one represent you could save you a significant amount of money when all is said and done. Whether through negotiating a lower tax settlement with the IRS, working out a payment plan, having hefty penalties waived, assisting in tax compliance, or anything in between, having a tax attorney on your side is always in your best financial interest.
Turn to Todd S. Unger, Tax Attorney
Now that you have a better idea of the many tax attorney benefits offered by hiring a professional, it’s time to find somebody you can trust to represent you every step of the way. Todd S. Unger is an experienced tax attorney who fights tirelessly for all of his clients. Contact his firm today to set up a confidential case consultation.