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Tax law is a highly specialized area of expertise and there are many different types of taxes. Thus, not all lawyers have expertise in all types of tax issues or problems. As a result, it would be a good idea on your part to prepare a bit more in looking for a good tax lawyer than might be the case with other areas of legal expertise.
The biggest fear of most Americans is a tax audit. If the IRS audits you, it is time to retain an experienced tax lawyer. Audits are undeniably scary things. That being said, not all audits are equal. The IRS, in fact, uses three different types of tax audits. The tax attorney is the person who can help you now.
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.
Field audits are notorious for their intention to intimidate the person being investigated. In a field audit, an agent will come to your house or office and will examine any relevant documents he finds there. If this should happen to you, getting a tax audit lawyer is your paramount need. This tax audit lawyer will attend the audit and will effectively steer the agent away from anything that might reflect less favorably on you and instead steer him towards directions that are beneficial for your case.
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.
If you are contacted with regard to an audit, it could probably give you a lot of years of stress. Thus, you should make a decision to have a tax audit lawyer. And the next step would be to choose the correct lawyer.
You would be well advised to choose a tax audit lawyer whose only thought is to go to bat for you. Insist on no less than seven years of experience in the field; more is better. Keep in mind that this person is defending you; you don't want someone who is still learning the ropes. Let someone else's case be the place of learning, while you retain a lawyer who has already been battle-hardened.
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 Finding Tax Deductions,
how to select a tax attorney, and How to save money when filing business taxes.
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