What Can a Tax Attorney do For Me

 

You are probably familiar with tax accountants and how they work, but you might not know what tax attorneys can do for you. An attorney that works with taxes may be able to help you do things that a simple accountant cannot. A professional Riverside tax attorney from IE Tax Relief can help you navigate the complexities of tax law. We’ll take you through a few reasons why a tax attorney might be an important consideration for you.

Taxable Estate

If you think you might have an estate that is worth enough to be taxed, you might need the help of a qualified tax attorney to deal with all the particulars. Your attorney can help you with a strategy that keeps you below the current threshold for exemptions and keep a big part of your estate from disappearing as taxes. Without the help of a Riverside tax attorney, up to 40 percent of the total value of your estate might go to taxes.

Starting Your Own Business

You might have a basic idea of the kind of business you want to start. However, there are many legal things you’ll need to keep in mind as you set up a plan. ”What type of business will it be from a legal standpoint? Will you incorporate it into a larger entity? Will you act as the sole owner? All these things and more affect how the government will tax it, and legal counsel at IE Tax Relief can help you answer these questions and close any loopholes. These professionals might offer non-tax advice here as well” says, john duffy attorney, from martindale attorney.

International Business

Conducting business on an international scale is complicated enough without a person wondering if everything related to taxes is in order. A tax attorney can review important business contracts, how a business deal or commercial entity is treated with regard to taxation, and other legal matters that might affect the terms of any deal you make.

An IRS Case

”If the IRS is investigating you for any reason, you want to bring a suit against them, or you’d like the Tax Court to provide an independent review of your case, you need a Riverside tax attorney in your corner. Attorneys are familiar with the processes of a tax investigation and what goes on with it” says,frank maffei attorney, from martindale attorney . Having someone who is knowledgeable about tax law on your side can make the difference between winning or losing a case.

Don’t leave anything to chance when it comes to your taxes. A qualified legal professional can make sure you have a strategy in place to deal with any tax ramifications you might be facing.