You may think everything in your finances is under control. However, this may not always be the case, especially when you are behind on your taxes and have the Internal Revenue Service (IRS) breathing down your neck. The bottom line is nobody wants to deal with the IRS. There are many elements in your finances you can manage and control. However, tax law is a complicated world, often requiring the expertise of a tax attorney who knows the ins and outs of the ever-changing Tax Code.
Furthermore, things can get more complicated if you are under investigation or receive an audit notification from the IRS. Read on as we describe the instances in which you should retain the services of a tax lawyer. If you are facing problems with your income tax returns, call our Roseville, California tax attorneys at NewPoint Law Group, LLP today at 800-358-0305.
When Should I Hire a Tax Attorney?
Dealing with the IRS is a serious matter. Not everybody knows the tax code or current laws governing tax filing. Therefore, hiring a tax attorney is necessary in cases where you run into trouble with your tax filing or the IRS itself. You should make sure to retain the services of a skilled and knowledgeable California tax attorney in any of the following circumstances:
You Are Being Audited
Usually, the IRS is very strict when it comes to compliance with their rules and regulations. Every taxpayer and corporation must file their taxes as stated by the IRS. Noncompliance with federal law can lead to hefty, burdening tax penalties. In severe cases, the IRS may even seek criminal prosecution against tax law infringers.
The IRS may perform random IRS tax audits on businesses. This allows the IRS to conduct a second assessment of your tax returns. An unexpected visit from the IRS is something nothing wants to go through. However, keeping your finances and your tax files in check, can help you get through an audit by the IRS.
Negotiating with the IRS often requires knowledge of tax law. Communicating through your attorney can also improve your chances of a successful negotiation by ensuring the IRS gets the information they need to move past your audit.
You Received an IRS Notification
The IRS will revise many tax filings that come their way. By doing so, they make sure every taxpayer complies with federal rules and regulations. If the IRS finds an error on your filing or finds that you have unfiled tax returns, they will send a notification or “CP.” The IRS will issue a CP for many different reasons.
You could receive a CP from the IRS for a delay in your payments or other matters, like errors on your tax forms. A tax attorney can help you determine the best course of action in such situations. If you received a CP from the IRS but have no clue what the next step is, don’t rush to make a decision before consulting a tax attorney. Remember the IRS is not easy to deal with, especially when it comes to filing your tax forms timely and correctly.
You are Filing a Lawsuit Against the IRS
While the IRS has general governmental immunity, it is possible to file a claim against it in some situations. However, not every complaint will be successful, as you need substantial evidence showing the IRS has broken the law to win your claim. As with every lawsuit, there are legal matters, paperwork, and deadlines a professional tax lawyer understands.
Why Should You Hire a Tax Attorney?
If you have never been in a courtroom or have little-to-no experience with the law, chances are you should not represent yourself. Dealing with the IRS can be daunting, especially if you have never faced them in a courtroom. A tax attorney can guide you through the complexities of the Tax Code and court procedures.
Additionally, negotiating with the IRS is not easy, especially when it comes negotiating better terms on your payment plan. You could save time and money by retaining a tax lawyer who is capable of successfully negotiating with the IRS on your behalf.
Roseville Tax Attorneys Offering Free Consultations in California
Hiring a tax attorney can make or break your chances of successfully navigating an IRS audit or other problem with the IRS. Filing your taxes accurately and timely is critical in avoiding unnecessary problems and run-ins with the federal government. Furthermore, a tax lawyer can help you straighten your business’ finances and prepare you for your next tax cycle.
Our knowledgeable Roseville and Sacramento tax attorneys can help you make sure you comply with state and federal income tax guidelines. To schedule a free, confidential consultation about your case, call NewPoint Law Group, LLP today at 800-358-0305.
