The first thing you should do when you're looking for a tax attorney is to do your research. Ask around and read client reviews online. Ask for references from clients with similar situations as yours. Avoid paying a large retainer up front or signing a hard sell contract. Instead, inquire about the experience of the firm and the possible plan of action. Listed below are some of the most important things to look for when hiring a tax attorney.
An IRS auditor has the power to seize wages, bank accounts, real estate, boats, and 401Ks. Hiring a tax attorney can prevent the IRS from levying these assets and causing severe financial damage. A tax attorney can also help you find solutions for unpaid taxes. While some tax resolution methods are supported by the IRS, others are not. A tax attorney has the experience necessary to determine which options are best for your situation.
Most tax attorneys will offer a free initial consultation. During this time, you can assess the suitability of the attorney for your particular situation. The tax attorney will explain their fees and services and give you a quote based on that initial consultation. Most tax attorneys offer a free consultation, so it's a good idea to ask about this. If you decide to hire one, you should calculate the amount you'd save without the initial consultation. While hiring a tax attorney can save you pennies on the dollar, you might end up saving millions of dollars on a yearly basis.
When you're dealing with the IRS, a tax attorney can help you navigate the complex rules and regulations. They are skilled at communicating with the IRS, making sure you have the records needed for the review. Additionally, a tax attorney can also act as a go-between between you and the IRS if they decide to pursue back taxes. It's important to remember that a tax attorney's services can help you avoid losing money and avoiding penalties.
