Learn When to Hire a Tax Attorney

Law companies or accounting businesses frequently employ tax attorneys. Some may be sole practitioners, which means they run their own company and work for themselves.


What a tax lawyer does

A tax attorney is a lawyer who focuses on taxation. Financial attorneys assist individuals in organizing their money to optimize their tax situations, comply with tax rules, and resolve disputes with the IRS or other tax authorities. Some specialize in inheritance, foreign, or company taxes.

Tax lawyers in law firms typically assist clients in obtaining favorable tax treatment in a variety of situations. For example, they may prepare contracts or other legal documents as needed and represent clients in tax court or elsewhere.

Tax lawyers at accounting and consulting businesses are more likely to assist clients in complying with tax requirements.

When is it worthwhile to hire a tax attorney?

Some scenarios may necessitate the services of a tax attorney.


Planning an estate

A tax attorney can assist you in developing estate planning strategies and handling the paperwork associated with avoiding estate taxes, transferring assets to family members, establishing trusts, and other techniques.

Establishing a business

A tax attorney may be able to assist you in developing tax-efficient solutions for beginning, buying, selling, or expanding a business.

Tax controversies

A tax attorney can assist you if you have a tax problem, wish to challenge the IRS, the state, or a local tax authority, or seek a hearing before the United States Tax Court.

Tax reduction

If you have an outstanding balance with the IRS or another tax authority that you would like to negotiate or fight, a tax attorney may be able to assist you in exploring options such as:

  • Compromise Offer
  • Relief for the innocent spouse
  • Tax bills can be paid in installments over time using installment plans.