tax service law firm for individuals

When is it Time to Hire a Tax Attorney?

Tax Attorney

The Internal Revenue Service (IRS) provides a free online do-your-own taxes application that you can use to file your returns. Also, you can hire a certified public accountant (CPA) to handle preparing your taxes. So, why would you ever need a tax attorney?  

Well, there are, in fact, myriad reasons why you should contact a tax attorney to help you deal with the IRS. In this article, we will discuss when it might make the most sense for you, as an individual taxpayer, to get help from a professional tax services attorney for individuals. If, after reading this article, you would like to discuss your own tax situation, we invite you to call the Sarasota tax service law firm for individuals, the Law Office of Mary E. King, P.L.  

The Law Office of Mary E. King, P.L. can make sure that your tax debt planning in Sarasota is resolved efficiently and at the lowest cost to you. Please fill out our online contact form, or call us at 941-906-7585 today.

What Do Tax Attorneys Do?

Tax attorneys are, first and foremost, specialists in tax law. Tax attorneys typically handle tax matters that are more complicated, highly technical, and may require court appearances.

That said, a tax attorney has advanced training and experience in many areas of the U.S. tax code and will be able to effectively minimize any tax consequences that you might confront when filing your tax returns. 

So, When Do I Need a Tax Attorney?

Depending upon the complexity of your tax situation, it might be advisable to consult with a tax attorney. You are likely thinking that your taxes are not that complicated to need the help of a tax services law firm.  However, you might be surprised to learn that the seasoned guidance of a tax attorney would be invaluable for you.

Here are some common situations in which you would need to consult with a tax attorney:

1. Tax audit  

It is highly recommended that you get the representation of a tax attorney if you are being audited by the IRS.  There are so many issues that crop up, and so many ways to find trouble when the IRS is auditing you that having a tax attorney for individuals by your side is a must.

2. Major Life Change  

When you reach a milestone in life – marriage, death of a loved one – the tax implications could be more complicated than you may realize. That is also when the experience of a tax services attorney for individuals would be useful. Indeed, tax planning to accommodate for a major life change could save you, or your loved ones, a great deal of money in tax savings with the help of a tax attorney.

3. Starting or Selling a Business.  

In this economy, more people are choosing to be entrepreneurs than ever before. To make sure that you choose wisely with regard to the kind of business entity you want to create, a tax attorney is necessary. A tax attorney will be able to advise you on the best way to build your new entity or limit your liability when selling a business. 

4. Owing the IRS a Large Sum of Money  

It is not uncommon to owe back taxes. Many of us owe a great deal in back taxes such that you need to negotiate with the IRS in order to effectively pay what you owe, while still trying to remain financially afloat. There are many forms of installment plans or ways to settle for less than you owe (an offer in compromise), that you must negotiate with the IRS. An experienced tax attorney would be able to manage those interactions with the IRS and minimize your tax exposure.

5. Tax Litigation

Without a doubt, you will need a tax attorney to represent you if you are involved in litigation with the IRS. Given the complexity of the tax code and the expertise of those who represent the IRS in court, it is crucial that you have a tax attorney in your corner representing your interests in any kind of tax lawsuit.  

It happens more than you may think that the IRS will initiate legal action against someone accused of tax fraud, whether the allegation is the use of another person’s name on a return, or intentionally underreporting income or claiming deductions for which you are not eligible. Thus, a tax attorney will be able to stand up for you in court and give you much-needed legal advice.  

Talk to a Sarasota Tax Service Law Firm for Individuals So You Can Get the Help You Need

No question, dealing with the IRS can be stressful. Yet, having a  Sarasota tax service law firm for individuals at your side to advise you on options and strategies for responding to the IRS is worth its weight in gold.  

Consider reaching out to the Law Offices of Mary E. King to help. Tax matters can be complicated, and thus, it is always helpful to have someone in your corner who understands the tax law and deals with the IRS on a regular basis. Indeed, beyond just the stimulus payment from the IRS, there could be other issues with which a seasoned tax attorney can help.  

So, when it comes to dealing with tax relief and tax litigation, you need to talk to a Sarasota tax service law firm for individuals that can help. Mary E. King has spent her career concentrating in tax law and can help you with tax scams in Florida and elsewhere. Attorney King has a wealth of information about what types of options would make the most sense for you and your business.

That helps explain why she’s received an A+ rating from the Florida Better Business Bureau. If you have a tax-related issue – no matter how small or how large – setting up an initial consultation with Mary E. King, tax lawyer of Florida, is the first step you should take towards relief.

The Law Office of Mary King P.L. offers complete IRS problem-solving services including all areas from tax debt settlement to planning the most efficient tax strategy for individuals and businesses. Call us today to schedule an initial consultation. With years of experience as a tax lawyer in Sarasota for many clients, Attorney Mary E. King can make sure that your tax issues are resolved in your favor. Fill out our online contact form, or call us at 941-906-7585.  Remember, at the Law Office of Mary E. King, we are focused on solving your tax issues for good.

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