Did you know that 21% of paper tax returns have errors and only half a percent of e-tax returns have any errors at all? Taxes can be a stressful time, and take a lot of paperwork and organizing to make sure you have everything you need before you file them.
There are multiple instances for when you may need to hire a tax lawyer. Keep reading and we will walk you through when and how to hire the right tax lawyer.
Estate Planning
You may want to consult a tax attorney when you’re estate planning so that you have someone to give you professional advice in the process.
They can help while you’re filling out paperwork on minimizing taxes, setting up asset transfers to family members, and setting up trusts. This specific situation may seem rare because you will likely only hire someone if the estate is over $11 million.
New Business
If you’re starting, selling, buying, or expanding a business hiring a tax lawyer should be one of your first steps. They can help with tax strategies to your business and will make sure you’re on top of things.
Disputes
If you have any issues with the IRS or you need a hearing in front of the U.S. Tax Court you will need to consult a tax attorney.
If you’re facing criminal charges or being audited by the IRS, you will need to consult with a tax lawyer immediately and you should do so before communicating with the IRS.
Tax Relief
If you owe a lot of money and need to set up a payment plan or explore other tax relief strategies, a tax lawyer can help you.
There are ways to pay off money you owe without it hurting your credit or having to pay in a large lump sum. Tax lawyers will help you find the best solution for your budget.
Hire the Right Tax Attorney
If you’re looking for a tax attorney, make sure to explore your options and look closely at the types of cases they’ve handled. You want to make sure to find someone that’s worked on similar cases to your own and will be able to help you.
If you’re looking for a tax lawyer in San Diego, you should contact Delia Law Tax Attorneys. They are here to help with the financial and legal repercussions that come with tax problems. They handle everything from wage garnishment to tax evasion.
Your Taxes are Set
Now that you know the different situations you need to hire a tax lawyer for, you are prepared if you are ever in this situation. Don’t try to solve one of these situations by yourself, consult a professional.
It’s important to make sure you find an attorney that’s dealt with a similar situation that you’re facing and can help. Make sure to look at multiple options and see what fits your budget and situation best.
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