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July 22, 2024We all know the famous Franklin quote and feel its impact: “In this world, there is nothing more certain than death and taxes.” Well, for many of us, that all means the inevitable stress and anxiety that comes from dealing with tax returns and worrying about payments. No one wants the IRS to threaten them with action for any issues and mistakes. Luckily, if that ever happens, there are professional IRS tax lawyers that can help.
Why Do People Use An IRS Tax Lawyer?
1) The threat of an audit
The term tax audit is one of the scariest that any taxpayer can imagine. No one wants to go through this examination of their tax affairs. Even if you’ve filed everything correctly to the best of your knowledge and ability, there’s the fear that one mistake could be costly. Unfortunately, audits can occur through random selection and screening, not just concerns over specific information. So, there is a chance that even the most precise and law-abiding of us could get a letter.
2) The threat of criminal charges
This is the more serious issue that tax layers have to contend with. Tax fraud and tax evasion charges can be life-changing. If the IRS believes you lied on your tax return or deliberately avoided payments, you can face prosecution. Tax lawyers will defend those caught in this situation. They will do so with kindness and professionalism, knowing that every individual situation is different. Maybe you just made a mistake and need help proving it.
3) Help to correct past mistakes
Speaking of owning up to mistakes, legal representation can help here too. People fill out the wrong parts of forms and make errors with payments accidentally. Anyone who raises their hand and proactively tries to correct that should be commended. However, too many struggle to deal with the IRS system and get them to cooperate. Legal representation could be enough to change that and fix the issue.
4) Valuable tax advice
Sometimes, it helps to speak to a skilled tax attorney long before there’s any problem to deal with. Tax affairs are complicated, and it can feel like the system was designed to trip people up. This can be especially daunting for new business owners and the self-employed who aren’t fully aware of their rights and obligations. Those who sit down with a tax lawyer to go through everything in advance could avoid costly mistakes.
What Can An IRS Tax Attorney Do For You?
You don’t have to go through the stress of any IRS situation alone. The best irs tax attorney is ready to take on your case and give you the support you need to overcome any of these issues and get the outcome you deserve. These skilled experts have the knowledge and experience to go over your case, explain the situation, come up with a plan, and act in your best interests. They will use the best resources available to help you complete the right paperwork, negotiate terms, and ensure that your record and reputation remain clean. Top law firms dealing in IRS tax cases should be able to help with the following options.
1) Appeals
This is something anyone dealing with the threat of an audit or sanctions needs to be aware of. There may be the opportunity to appeal the charges and stand up for your rights as long as you have the right lawyer at your side. The IRS may send a 30-day letter, which tells you about the right to appeal within 30 days. Don’t delay on this. Find a lawyer who can go over the IRS report and help you create a formal written protest. They will be able to highlight laws supporting your case and go into detail about facts that work in your favor.
2) Audit representation
Individuals facing the threat of an audit can hire an IRS tax attorney to represent them throughout the process. This will give you an upper hand and stop the IRS from taking advantage of your inexperience. These lawyers will go over the report and the proposed reasons for the audit and make sure you are prepared for the assessment. This means defending items reported and presenting evidence as your representative. They may also be able to resolve any payment issues and help you avoid future audits.
3) Penalty abatement
Penalties are one way the IRS punishes those who don’t follow the rules to the letter. Again, these failures may not be deliberate or entirely your fault. A failure-to-pay notice may arise following a delayed payment or banking error. A failure-to-file penalty could come from issues with the tax return system or other unavoidable delays. A tax attorney can make a case in your defense as long as you have a good record with the IRS and may be able to remove the penalty for a tax period. If this isn’t possible due to missed payments, there may be a case for an offer in compromise.
4) Transcript retrieval
This final service is one that taxpayers may not realize is an option for them. You have the right to see a transcript of your IRS records. This can offer peace of mind about the status of tax returns and payments and clarification on figures. An IRS tax lawyer can help with this and retrieve the records on your request. They will then go through the report with you, explain what everything means, and offer advice on anything that may be of concern.
Speak To An Expert Today
This is just a taste of what tax lawyers can do to help anyone struggling to deal with the IRS. Dealing with tax returns and tax payments is an inevitability and a big headache for many people, but it doesn’t have to be. Contact your local firm for advice on dealing with the IRS to avoid future problems, hire an attorney if you ever face an audit or penalty, and take advantage of any advice they have to offer.