Tax time can be a strenuous and stressful time for anyone. This is especially the case if you find yourself in a bind with the IRS. You may have just discovered that you owe money in back taxes or got randomly selected for audit. In other instances, you may be aware of your tax debt, but have no idea how to handle it anymore. All this can definitely be overwhelming. If this is the case, you might want to consider hiring a New York City tax lawyer.
Tax Lawyers are attorneys that specialize in tax law. They can be beneficial to you if you are facing issues with your taxes and most especially if you are planning to file a suit against the IRS. A New York City tax lawyer can make sense of all the legal jargon so many people struggle with and find the best option for you. Options that you may otherwise not have been aware of.
You could fill out a form or document to the best of your ability, but the truth is most people are not familiar with tax law. This is why we hire someone to do our taxes for us. New York City’s tax lawyers are experts in tax law. They know how to look, not only for mistakes you might have made, but mistakes that the government could make. This knowledge in particular is what could make all the difference in your case with the IRS.
As intimidating as it can be to face the IRS, New York City tax lawyers are there to protect you and make you aware of your rights. You also get what is known as Attorney-Client Privilege. This means whatever you disclose to your attorney is confidential. The IRS cannot force them to reveal any of this information no matter what. This way, you could inform your lawyer of all the details necessary to make your case. You do not have to worry about accidental tax fraud; which could lead to incarceration. This offers a solution to any anxieties you may have about facing your tax problems.
You might also want to consider hiring a New York City tax lawyer even if you are not having any particular problems with the IRS. If you have real estate, own property or are planning on starting your own privately owned business. The tax world is quite different once you venture out into small business as opposed to filing your taxes as an individual. Your tax lawyer can help you through all this and more. If you want to make sure your assets are safe and that your taxes are handled correctly, hiring a tax lawyer may be the best option for you.