Questions to Ask Your Tax Attorney
Understanding the cogs and wheels of taxes is often extremely challenging. Additionally, the IRS is full of people who will try and extort you to get more money from you than you may really need to pay (should you even have to pay any). For this reason, when a taxpayer finds himself in trouble where the IRS is involved, he ought to consult a tax attorney. Tax fees often snowball, and it is always in the taxpayer's best interests to get situations resolved while they're only somewhat small ones. Procrastinating until the last minute to go to a tax attorney could very well be unbelievably costly, and might lead to time in jail for the taxpayer, and also higher legal fees.
Many people are concerned about whether employing an attorney will be worth the cost. For example, why not just pay off the IRS debt? Yet, a large number of taxpayers with IRS debt are eligible to have their tax debts lessened for simply a small percentage of the amount due. In many cases it is a financially wise choice to work with a tax lawyer.
Others wonder if combatting with the IRS is a lost cause. True tax professionals who discover, and take advantage of, all the options that a taxpayer may have, can be highly effective in wiping out or decreasing tax debt. In nearly all cases they are able to have wage garnishments (levies) released. Keep in mind, the IRS doesn't want you to be represented or have any third party aid or legal counsel. They want you to be vulnerable, like a sheep going to the slaughter.
So why not just go to a CPA (certified public accountant) for help? Because only with an attorney do you have the important Attorney-Client privilege which makes an attorney legally exempt from being commanded to testify against you should the IRS take legal action against you criminally. This means that your discussions with your tax attorney are private. Attorneys (not CPA's) are exempt from having to repeat to the IRS what you've said, which aids you in court. Regrettably, your CPA or tax preparer can be obligated to testify against you in a criminal court.
Don't be worried about being kept in the dark about your choices. Not every one of the available options are suitable for everyone. True experts don't use a "one-size-fits-all" method to force a single solution on every case. Some IRS Offer in Compromise "mills" do just that. While an Offer in Compromise is an excellent option, it won't fit every case. Any strategy, or combination of strategies, if they don't fit your case, can cause more problems than good, and set you back unneeded costs as well. Just as with medication, the incorrect prescription can make you even sicker.
A frequently asked question that attorneys often hear is "I just got a notice from the IRS, what should I do?" This will depend on which letter or notice you received. Each letter has a different reaction according to which approaches are used in your specific case. After the case is evaluated there are many aspects to consider like how much longer the IRS can lawfully pursue you to collect tax debt. The earlier you speak to a tax attorney the better.
Want to find out more about an IRS tax attorney, then visit IRS Tax Help Attorney on how to choose the best Commonly Asked Tax Questions for your needs.
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