Top 5 Reasons to Hire a Tax Attorney
For most people, filling out new hire forms and completing their yearly returns are the only times they ever think about taxes. But occasionally, unusual situations arise regarding your taxes. When you find yourself in communication with the IRS, you're likely to need the services of a tax attorney. The team at Osborne, Tripp & Schmidt, SC in Sparta, WI, recommend hiring a lawyer in any of the following circumstances.
Reasons to Hire a Tax Attorney
1. Audits
Even if your taxes are perfectly correct and above-board, the process of an audit can be difficult and stressful. A tax attorney can help you get through the audit and negotiate on your behalf if you're found to owe taxes.
2. CP Notices
A CP notice is a computer-generated notice from the IRS to communicate the need for a late payment, missing document, or another matter. This means you likely have a balance to pay, but the notice itself can be hard to interpret, which is why a tax attorney should do it for you.
3. Missing Tax Returns
If you miss filing a tax return, not only will you have to file and pay any taxes owed, but the IRS is likely to want to know what caused the oversight. A lawyer can help ensure your explanation is suitable and won’t lead to further issues.
4. Will, Probate, & Estate Tax Questions
Whether you are preparing your will or have inherited assets from someone else, you will owe a share of that to the IRS. A tax attorney can help you determine exactly what your obligations are, including whether taxes have been prepaid.
5. Criminal Charges
If you're accused of tax evasion or fraud, hiring a lawyer should be your first step. The penalties for these crimes can be steep, and an attorney, especially one familiar with the relevant criminal law, is your best chance of avoiding fines and jail time.
If you need a tax attorney in the Sparta area, contact Osborne, Tripp & Schmidt, SC today for a consultation. They will help you ensure everything is filed correctly and you don’t have to deal with the IRS. You can reach them at (608) 269-2400 or send a message online.
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