If you are caught in the middle of a tax dispute, you may be understandably intimidated by the idea of facing the Internal Revenue Service (IRS). It can be a very stressful time, and the worst thing would be to face the situation alone. If you work with an experienced Income tax attorney in Irvine CA, however, you don’t have to. These professionals can offer legal guidance and the representation that is required to resolve your case. In this article, we list down the many tax attorney benefits that you could enjoy.
Get Informed About Complex Laws and Codes
The IRS tax laws and codes are constantly changing, and new codes are being published every tax year. It can be challenging to try to stay up-to-date on these changes and figure out how they apply to you. When you work with a tax attorney, you can rest assured that he or she has the knowledge and understanding needed to help you with your case, while also explaining to you the complexities of tax law.
Confidentiality and Attorney-Client Privilege
A professional income tax attorney in Irvine CA builds a safe environment in which you can disclose confidential information. This is known as the attorney-client privilege. You do not get the same privilege when you speak to your accountant or an enrolled agent. The attorney-client privilege is important when it comes to protecting your rights and privacy, especially if you have been accused of a tax crime.
Receive Skilled Negotiation Assistance
If you’re facing a situation where you owe a substantial amount in back taxes and cannot afford to pay them, or the IRS is auditing your tax return, having the proficient assistance of a tax attorney can help you. It requires knowledge of tax law and an understanding of tax procedure to negotiate with the IRS. Not everyone can do it. If you do not have a good understanding of substantive tax law and procedure, it is not possible for you to understand the strengths and weaknesses of your case. This is where a tax attorney who handles IRS disputes can help you. He or she can negotiate the best possible settlement based on your individual facts and circumstances. One cannot guarantee anything while negotiating with the IRS, but your chances will be much better if you get a knowledgeable tax attorney to the table with you rather than attempting to do it alone.
Provide a Legal Solution to Resolve the Case in Your Best Interest
The IRS cannot assist you on substantiating items on your return, advise you on whether a tax-motivated bankruptcy is in your best interest, counsel you on ways to reduce the taxes owed, or provide legal advice. The only mission of IRS is to enforce the tax code and collect back taxes from you in the least amount of time. People working at the IRS have managerial pressure to move cases along and collect taxes. Therefore, do not expect the IRS personnel to patiently wait for you to substantiate deductions claimed on a tax return or give you the time to get your finances back in shape. That just won’t happen. It’s a better idea to get an IS Tax Lawyer in Irvine CA to advocate on your behalf, make sure that the IRS is following proper protocol, and advise you on the most efficient way to resolve your tax problem.
Achieve Long-Term Savings
People often make the mistake of not hiring an income tax attorney while dealing with the IRS because they think they can’t afford it. Do not skip it because it is important to have a tax attorney by your side. A dedicated tax attorney always acts with your best financial interests in mind and having one to represent you could save you a significant amount of money in the long run. Be it negotiating a lower tax settlement with the IRS, having hefty penalties waived, working out a payment plan, or assisting in tax compliance, having a tax attorney on your side is always good for your finances.
Tax Relief Advocates specializes in resolving tax issues with the IRS – call 714.479.8212 if you need an Income Tax Attorney in Irvine CA.