Wednesday, January 30, 2013

Find out more about how an experienced Tax Lawyer can help you

By Karina Casa


Have you received a notice sent by your state's tax division or IRS raising concerns about a past tax filing?

Or maybe it's been a few years since you have filed your tax forms and you are not certain what you need to do now?

Or maybe you would like to understand the tax consequences of setting up an annuity to provide for your family members after you are gone?

There is no doubt that the US tax regulations have gotten so difficult that now you certainly do need to have a tax professional to assist you with tax troubles including tax filings and tax preparation to make sure that you do every thing appropriately.

These attorneys not only concentrate on relieving current tax troubles like handling audits, removing liens and minimizing tax fines and penalties, but they are able to also help with structuring individual finances like stock portfolios, trust funds, and inheritances for maximal tax savings.

But getting the best attorney to help with your tax situation does require you do some digging.

The area of tax law is really a wide one, so you must be clear about precisely what type of taxes you need help with - corporate taxes, revenue taxes, estate taxes, or other concerns.

The next step in the process is determining a short-list of lawyers who specialize within the specialized topic which you need assistance with.

Talking with more than one lawyer can help you locate someone who you really feel comfortable trusting with your personal monetary situation.

Luckily today you'll find many resources and tools readily available to assist you with this difficult decision.

Recommendations from business colleagues and family are normally quite helpful.

Legal referral clinics as well as the yellow pages may also give you some promising leads.

Other alternatives include contacting your local bar association, your state bar association, or going to on-line internet sites like lawyers dot com or the American Bar Association.

Many of these resources not only give you basic information like lawyers' names and areas of practice, but they generally provide hyperlinks to the lawyer's own website where you can find much more information.

When you've identified some promising prospective attorneys, you will need to complete some background investigation to make sure that you find the best possible lawyer to work with you to resolve your tax problems.

Perhaps one of the simplest things you could do is simply run an online search for your attorney's name.

This may give you details about the attorney's news articles, legal cases, and any honors or awards that the lawyer has received, all of which will enable you to discover a lot more regarding the attorney's expertise and professional reputation.

Should you uncover reports of any significant problems like malpractice or unethical conduct, almost certainly it is wise not trust this attorney with your finances.

And of course you'll know if an attorney who you are thinking of hiring has extra qualifications that might be beneficial for your tax situation, like a MBA, LLM or CPA.

As soon as you have begun to narrow down your list, make some phone calls to the attorneys that you are considering seriously.

Ask if the lawyer belongs to tax attorney groups or organizations, and ask for other resource publications that describe his expertise and services.

This can be a positive sign that the attorney is committed to excelling in the field of tax law and is willing to work to keep up with the continuous alterations in federal and state tax laws.

In the course of the telephone conversation, take time to find out more about charges and expenses, and be sure to ask any questions which you might have had when you were carrying out your research.

When you are happy with the answers you receive in the course of your phone call and with any follow-up information which you receive, it's time to make an appointment for an initial consultation.

During this first meeting, you're evaluating not only the lawyer's competence and professionalism, but also searching for somebody you feel very comfortable with, and that you know you can trust.

Locating the right lawyer can involve a bit of work, but the results can definitely pay off in terms of tax savings and peace of mind if you have critical tax troubles or financialconcerns that need to be resolved.




About the Author:



No comments:

Post a Comment