The short answer is that hiring a tax attorney to review and structure your financial affairs can give you some certainty that things are done right. In many cases, it can save significant amounts of tax and later IRS problems, and it can reduce the chances that your neighbors, creditors, and employer will find out about your financial and tax affairs.
Our tax administration system (such as the Internal Revenue Service and the court system) and tax laws can be complex. Unless you are willing to take the time to become familiar with this system and our tax laws and you are willing to devote a significant amount of time dealing with your tax issues, this complexity will favor the government.
There are numerous examples of where the government was able to collect more from unrepresented taxpayers than it would have been able to collect if the taxpayer had opted to hire a competent tax attorney. In most of these cases, it would have cost the taxpayer significantly less to hire a tax attorney help than the amount of IRS penalties, interest, and additional tax that the taxpayer ended up having to pay. And this does not even factor in the time and stress that the taxpayer had to expend and endure in the process.
If you have a tax question or a tax problem, we would like to hear from you.
Please call us at contact us online to schedule an appointment.or