Author Login | Popular Articles | RSS Feeds | Sitemap

Home | Finance | Taxes


Experience and Specialization Key for Choosing your Tax Attorney

By: Ron Finkelstein

What makes tax lawyers different from other legal eagles is that taxation itself is a vast subject and there are several branches in taxation. This is why no one lawyer can be an expert on all tax related matters. So you have tax lawyers who specialize in different tax issues and are considered experts in their respective fields. Thus, it becomes imperative to be well informed about this particular field and also your exact requirement when you go looking for a tax lawyer. This is the case only with tax law, not so much with other legal issues.

A common nightmare scenario among Americans is the tax audit, and indeed audits are undeniably scary. If the IRS announces that you will be audited, your first priority is to retain an experience tax lawyer. However, you should know that not all audits are the same; in fact, the IRS employs three different kinds of tax audits. The tax attorney is the one who can help you navigate through the process of all three of them.

Correspondence tax audits are the tool used most by them. In these audits, if it lets you know there is a problem and asks for more money or information. If they are asking for information that makes you nervous, go see a tax lawyer. If they are asking for money, determine whether you are comfortable paying it or want to fight it.

An office audit is more complicated than a correspondence audit. You will need to come to your appointment with backup documents and information. You would be well advised to bring an experienced tax audit lawyer with you. If you come alone, the agent may try to get you to make incriminating statements and may also try to find out information he or she has no right to know. A good tax audit lawyer can protect you from this.

There is the dreaded field audit. In a field audit, the IRS agent physically goes to your location to audit you. They actually go through all you documents looking for evidence to prove you did something incorrect. In a field audit, it is highly recommended that you get a specialized lawyer for tax audits. A tax audit lawyer will help alleviate some of the nervousness that you will have with a field audit. They will help to direct the audit in the right direction since they know the areas that you are most concerned about.

An IRS audit should always be thought of as being a serious event. Once they decide to do an audit they feel that they already have the evidence to say that you are not filing your taxes correctly and trying to avoid paying what you owe. They will be very vigorous in looking for additional wrongdoings on your part even above and beyond what they first found to be the issue. They will be ready to strike and try for a conviction even if it eventually leads to you going to prison.

The audit process can go on for years after the IRS first contacts you, so when you decide to retain a tax lawyer, he needs to be one that can actually help you.

You should choose a tax audit lawyer who will fight your case with high competence and nothing less. They say that the definition of wisdom is learning from your mistakes; however, this is not the time to allow for mistakes. Your lawyer should already possess said wisdom, and have at least seven years of experience in handling tax audits. You definitely want to avoid a situation in which an inexperienced lawyer is learning from his mistakes while defending you.

Article Source: http://www.articlesnatch.com

About the Author:
Ron Finkelstein is NOT a Tax Attorney or an accountant. He is merely a small business owner who has paid a lot of money over the years to learn a whole lot about Tax Deductions, how to pick a tax attorney, and How to save money when filing business taxes.

| Print | Ezine Ready | |

Please Rate this Article

Recent Taxes Articles

Still can't find what you are looking for? Search for it!


Submit Your link to the Open Link Directory Project

Copyright 2005-2008 MJE Sales, LLC. All Rights Reserved.
Proud member of the ArticleCkr Search Network Search Network!
ArticleSnatch.com is free for both publishers and authors to use and is supported entirely from advertising revenue.
Use of our service is protected by our Privacy Policy and Terms of Service.