Tax Attorney

While business owners often have the most complex tax requirements in the United States, individuals still don’t have it easy. If your income comes from various sources or you have significant investments, you’ll likely find it challenging to calculate your tax liabilities. And it’s crucial to get it right, so you don’t end up in a position where you’re facing an audit from the IRS. 

While a tax attorney may seem like an extravagant cost for an individual taxpayer, the value of an attorney’s expertise is well worth the money when you need help. 

Taxation is a minefield for many individuals and business owners in the United States. While the nation’s tax laws are incredibly complex, the Internal Revenue Service (IRS) and other local taxation authorities expect you to comply with in-place regulations. Using a qualified tax attorney can help you reduce compliance issues and increase tax efficiency.

What is a Tax Attorney?

A tax attorney is a lawyer who is an expert in tax laws. Unlike accountants and other tax professionals, tax attorneys have an in-depth understanding of modern taxation law and its various components. Skilled tax attorneys will possess a detailed knowledge of both federal and local tax regulations. 

If you need a qualified expert to help guide you through the complexities of state and federal tax laws or tax debt, a tax attorney is a perfect solution. Tax attorneys can provide you with advice about business formation and tax efficiency. Many of them also specialize in representing you if you ever face IRS questioning or harassment. 

Tax Attorneys for Businesses

If you’re a business owner, we know you contend with a slew of taxation issues. As the manager of your business, you’re responsible for managing sales taxes, employee taxes, corporate taxes, and a variety of other rules and regulations. If you’re finding it challenging to understand your obligations, a tax attorney can be of tremendous assistance to your company.

Tax Attorneys for Individuals

While business owners often have the most complex tax requirements in the United States, individuals still don’t have it easy. If your income comes from various sources or you have significant investments, you’ll likely find it challenging to calculate your tax liabilities. And it’s crucial to get it right, so you don’t end up in a position where you’re facing an audit from the IRS. 

While a tax attorney may seem like an extravagant cost for an individual taxpayer, the value of an attorney’s expertise is well worth the money when you need help. 

Why Use a Tax Attorney?

So, you need help with a tax-related issue, but you’re not sure if the problem requires the expertise of a tax attorney? While you can hire a tax lawyer for almost any tax issue or dispute, there are a few primary reasons that many people call on these specialists:

Business Formation

If you’re setting up a new business, it’s crucial to choose the most tax-efficient structures. Choosing the wrong type of business formation can have a critical impact on the viability of your company. Getting started on the right foot can help you position yourself competitively in your industry. 

Many business owners make the mistake of rushing into a formation decision without considering their tax responsibilities. A high-quality tax attorney can help you form your business the correct way – and the most lucrative way for your particular company.

Tax Planning

It’s essential to plan your taxes if you want to avoid unexpected bills and cash-flow issues come tax time. For your personal taxes, you need to organize your assets, investments, and income into the most tax-efficient structures possible. You can retain a considerable amount of your income by using a tax attorney to analyze your finances and organize your tax strategy. 

Tax planning is also vital for business owners. By planning your business taxes, you can improve your company’s cash flow and increase your internal investment. A tax attorney can work with you to ensure that your day-to-day tax strategies operate effectively.

In many instances, business owners and individuals can save thousands to hundreds of thousands of dollars per year by adequately planning their taxes. Not contacting a tax lawyer for planning assistance could cost you a pretty penny in the end.

Tax Advice

Tax attorneys don’t just help with planning and business structuring, they can also provide you with general tax advice. If you’re planning on purchasing a property, business, or any other asset, you’ll surely be curious about what your tax burden will be. Instead of relying on potentially incorrect information on the internet, a tax attorney will give you legal advice that is dependable and up-to-date with current tax codes.

Tax Mitigation

One major challenge that many taxpayers face is an investigation by the IRS. If the IRS decides that you owe back taxes or additional money, you might not be in a position to afford the payment. Just like any other organization, the IRS is prone to making mistakes – but you might not realize this if you haven’t hired the expertise of a tax attorney. 

If you’re under investigation by the IRS, you might be able to fight the amount you owe. In some cases, you could even be eligible for tax relief. An IRS tax attorney can advise you on the best approach for your specific situation. 

Choosing the Best Tax Attorney

If you do require the services of a qualified tax attorney, it’s essential to work with a skilled lawyer. The firm that you choose will have a significant effect on the success of your case. If you want to find the best tax attorney, look at a few key indicators:

Local Experience

While most tax attorneys will be familiar with federal tax law, you need to be sure that your attorney also knows local and state laws. Using a lawyer that doesn’t understand all tax laws in your region puts you at increased risk for mistakes. What’s more, your attorney might not even know how to tackle relevant niche tax issues for you. 

Client Sentiment

Check consumer watchdog groups and other review platforms to gauge the popularity of your tax attorney. If many clients report bad experiences with a particular attorney, there’s a high chance you will too.

Contact Tax Shark Tax Lawyers

Our firm offers a broad range of specialized services for both individual taxpayers and business owners. Tax Shark provides tax planning, business-preparation services, tax-relief services, and general tax-attorney services. 

If you would like to discuss your particular case or requirements, Tax Shark tax lawyers are always happy to consult with any potential clients. 

Call the friendly tax specialists at Tax Shark by dialing (916) 542-9244 or by clicking the button below to start your relief today.

Tax Attorney Service Areas

Tax Shark provides tax attorney services in the following cities.