It is unfortunate, but true, that many people do not even consider consulting tax attorneys until they receive one of those dreaded letters from the IRS. Tax attorneys specialize in the complex and technical field of tax law. They are required to attend an additional 1-3 years of law school to receive their Masters in taxation.
Advantages of seeking tax attorneys versus another tax professional is the presence of the “attorneys-client privilege” and legal analysis skills only an attorneys possesses. Remember, only conversations with attorneys or their employees are protected by the attorneys-client confidentiality privilege. Generally, this information cannot be used against the client or given to a third-party. Also remember, many tax problems involve complicated legal issues which must be properly analyzed in order to best advise you of your available options and rights. In addition, most tax controversies involve a significant amount of negotiation. The key to a successful negotiation is knowledge and experienced tax attorneys will be able to construct arguments, in light of the law, to support your position. If you owe back taxes, whether through negligence or lack of knowledge, it is advisable to seek qualified tax attorneys to better help you understand your situation.
If you have decided that you need the services of tax attorneys, it is essential to find one that is well-qualified. The following checklist can help you in your search for the right attorneys.
1. Your tax attorneys should have knowledge about all aspects of tax law and what the IRS legally can or cannot do. He or she should be able to advise you on your rights if the IRS happens to break the law during proceedings.
2. You need attorneys who has skills in negotiation and litigation, and more importantly, knows when to pick one over the other.
3. Your attorneys should have a considerable amount of business knowledge, your kind in particular, and an understanding of business accounting. They should be able to recognize and advise you of any issues that can be deemed criminal.
In addition to the above, you should also consider the following criteria:
1. Pick attorneys you can be completely honest with. Don’t spare a drop of detail when explaining your current predicament. It may come back to hurt you if your attorneys cannot prepare for something you neglected to mention.
2. Because tax proceedings can be lengthy and complicated, it is important to settle payment issues before retaining attorneys.
3. If at any time you feel that your attorneys is not giving your case the attention it needs, drop him, and find a new one. Your attorneys should be just as zealous as you in pursuing your best interests.
4. Finally, don’t wait until the last minute to pick attorneys. Create a list of candidates and thoroughly exhaust all possible options before picking one Your future and wellbeing could very well be on the line and it’s important that you pick the right person for the job.