When you're facing problems with the IRS, you don't want to try to handle the situation on your own. In fact, these serious issues can result in very expensive consequences if you make even a tiny mistake. Some tax issues could result in jail time or lengthy, drawn out court cases. The IRS has lawyers working to represent its interests. These professionals understand the legal complexities of the tax process. Don't you also deserve to have a knowledgeable tax lawyer in Los Angeles on your team? After all, it is your future at stake. You stand to lose the most if things don't go your way.
Do You Need a Tax Lawyer?
You might want to ask yourself some important questions. For instance, do you need an attorney if you are being audited? You might also wonder if you need representation if you're involved in an IRS tax debt dispute. Maybe you are concerned that a lawyer will be too expensive or even wonder if you can hire an attorney with enough influence to go up against the IRS.
Get Trusted Advice
As soon as you find yourself facing a complicated tax situation, you should at least consult with a tax lawyer in Los Angeles. This professional can help you determine whether or not you need representation. There are some situations that you can work out on your own, but there are others circumstances that really require the actions of a lawyer. Don't confuse a tax attorney with an accountant. Each professional offers valuable services, but they each focus on different areas. When you need legal advice, an attorney is the person you need.
Attorney or Accountant?
There are some specific reasons to hire an attorney rather than an accountant. One of these is the level of confidentiality you can expect from an attorney. The attorney-client privilege situation means that your attorney won't be able to testify against you. Another reason to choose an attorney is their level of experience in reaching tax settlements. A CPA may have a lot of experience in preparing taxes, but isn't likely to have the same when it comes to court cases. You'll also find that attorneys are usually prepared to handle cases that take several months before they come to a conclusion. An accountant doesn't often have this patience or expectation.
Are You Being Audited?
Consider an audit situation because this is one of the most common reasons for people to seek legal representation. An attorney will help you to work out a settlement with the IRS. If you've been audited and the government finds that you owe taxes, then the attorney may be able to help you arrange a compromise or an installment agreement. In some cases, you may be able to reach a penalty abatement resolution. Be aware that it is very difficult to get the government to forgive your back taxes, so a compromise will be an unlikely result.
The Risks You Face
If you decide to face the IRS on your own, be aware that you may be found subject to financial penalties, interest on late taxes, and the possibility of criminal charges. In this type of situation, you need to have a professional representing you. A tax lawyer in Los Angeles has the experience and training to provide you with the right course of action.
Source : articlesbase.com
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