In matters of taxes, some feel that they have no need to hire an attorney, and that their situation is not that complicated. The reality is that tax situations are rarely simple, and tax law can be extremely complicated. Tax laws are constantly changing and evolving, and an experienced tax attorney will be able to help you see through the complicated clauses and confusing terminology so that you can keep the IRS at bay. They can help you in each of the following different ways:
Prevention. Your tax attorney is a great resource when you hire him or her as early as possible. Taking the necessary steps to avoid being targeted by the IRS involves discussing your taxes with the attorney. They can provide valuable advice to keep your finances in order. This can be important because a sticky situation with the IRS can involve costly legal fees and penalties. Having your attorney working with you early can keep that from happening.
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Solutions to problems. If it is already too late and the government is breathing down your neck, contact a tax attorney as soon as possible. They will help you determine your best course of action, from offering a compromise to filing a special form of tax bankruptcy. Often, your tax attorney may suggest restructuring your finances or your business to avoid many of these tax problems. Resolving disputes with the IRS can be much quicker with an experienced tax attorney.
Tax problems affect one out of every four taxpayers. The average taxpayer saddled with tax problems wind up paying thousands in court fees and IRS penalties. Avoid as much of that as possible by hiring a solid tax attorney as soon as possible.
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