What you need to know about your next tax attorney
Hiring a tax attorney is a smart move if you’re facing a large tax debt, an audit, or a criminal investigation. Here’s the first thing you should know when asking “How to find a good and experienced Tax Attorney?” if you’re desperately searching for one due to a pressing problem, it’s already too late!
Tax law is complicated and the rules (and loopholes) are constantly changing. It takes a lawyer with special training and experience to handle your tax issues.
Many people finding themselves with tax problems are unsure about how to find the right professional to represent their case. Many people simply do not know what questions to ask to ensure that they have a comfortable time dealing with a very uncomfortable situation.
Firstly, what does a tax attorney do?
It’s wise to find out exactly what a tax attorney does. As the name suggests, this professional is an attorney who has received training in tax matters. This means that the attorney can serve as both a legal advisor and a financial consultant.
Ask for referrals from trusted business owners in your network.
Start looking for a tax attorney by asking professionals you trust. Check with your banker, accountant or a lawyer you’ve worked with on another matter. If you can’t get a referral, you can always check with the local bar association for specialists in your area.
Have a face-to-face meeting with a qualified tax attorney to discuss your needs.
If you need help with one of the above situations, and you decide to request assistance from a professional, how can you choose a reputable tax attorney? A good way to select a qualified tax attorney is to inquire about his experience and background. If the attorney is keeping up with continuing education courses then he’ll be able to provide you with the most up-to-date tax advice.
Dealing with complex financial matters can be tricky. However, if you get help from a professional tax attorney, you can resolve your problems without adding an unnecessary financial burden to your household.
Ask for their professional references.
Ask your possible attorney about their credentials. The attorney you want ought to have years of experience in tax law. And if you think your case is particularly difficult then look for an attorney who is also has experience in accounting , these kind tend to be rather good with numbers.
Ask how much experience the attorney has with a situation like yours.
Once you find a tax attorney you like, that doesn’t mean you’ve found the right person to help with your particular case. Before you sign on as a client, it’s important to ask if the lawyer has experience dealing with the issues you face. That might mean paying a consultation fee and explaining your situation in some detail. After that, the lawyer should be able to tell you if they have experience in this area. If they don’t, it’s a good idea to ask for a referral.
Ask how fees are managed and collected.
Make sure that you are fully aware of all the costs and fees your attorney will charge you throughout the process. Attorneys have a range of fees depending on location, size and prestige of the firm as well as the lawyer’s reputation and experience. Beware of comparing one attorney with another on the basis of fees alone. The lowest hourly fees may not indicate the best value in legal work because an inexperienced attorney may take twice as long to complete a project as an experienced one will.
Shop around. Interview more than one tax attorney.
Before hiring any tax lawyer, spend some time on the internet, Google him/her maybe. Satisfied customers tend to leave behind reviews in websites or social media, but so do dissatisfied customers. You could even contact the local bar association, if you don’t trust the internet; ask them about any complaints of disciplinary action on file for your attorney. Always know who you’re hiring.
Most situations that require a tax attorney involve both legal and financial considerations. For example you may need to hire a tax attorney for criminal tax defense and advice about how to Value-Added Tax (VAT) will affect your business or avoid financial disputes with SARS. If you operate your own business, and you’ve been burdened with a problematic tax audit, a tax attorney can help you prepare your case and serve as your legal counsel during the hearing. Tax attorneys can also provide credible estate planning services such as helping you to draft a will or making arrangements to set aside funds for your funeral services.
If you’re dealing with income tax troubles, you might be thinking about hiring a financial expert to help you. One such professional is the tax attorney, a legal advisor who is well-trained in matters relating to taxation. However, enlisting the services of a tax attorney can be costly and may not be necessary in all situations. How can you know whether you really need to hire a tax attorney or not? Here are a few guidelines to help you decide when to request help from a tax attorney.