Why You Need a Tax Lawyer Saginaw
As a matter of fact, investment requires support services from both accountants and attorneys. the accountants are responsible for fighting numbers while attorneys are responsible for fighting both numbers and the law. This is because some calculations may not be done correctly leading to higher taxes. In fact, some people have suffered from inaccurate taxes in some instances. Due to this fact, when faced with a complex tax situation, it is advisable to get a skilled and experienced tax lawyer.
You need to get one from reputable law firms that specialize in taxation and tax law such as Austin & Larson Tax Resolution service providers. It is obvious that you can be able to handle many tax situations on your own. However, there are some situations that require professional and expert guidance. Some of the situations when you need to hire a tax lawyer include.
1. During an IRS related criminal case or during IRS audit.
When criminal charges are levied against you by Michigan IRS, you need assistance from a tax attorney immediately. This is because the situation is serious and complicated to handle it on your own. This can lead to serious legal consequences like jail terms or heavy fines. Due to this fact, getting assistance from a tax attorney remains the only option to get out of the situation.
On the other hand, during an IRS based audit, getting legal representation from a skilled and experienced legal practitioner important. This professional will help you negotiate for fair settlements with the Michigan IRS department. The negotiations are important in that they can help in debt settlements for less.
The professionals are skilled and can use different ways to achieve this. Some of the common ways they can use to reduce your debt include an offer in compromise, installment agreement, and penalty abatement. In most cases, offers in compromise are rejected but with highly skilled and experienced tax lawyer Saginaw, you can be considered.
2. When a CP notice received is scary or when you want a third party communicator.
A CP note is basically a letter or notice that is issued by IRS and is mostly sent to you indicating your balance due. It is also used as a reminder of the tax obligations you need to fulfill. Due to this fact, you may receive a note you do not clearly understand its terms. It may also worry you because information contained indicates bigger issues can be born. At this time, getting legal assistance from a tax lawyer is the way to go about it. These attorneys also communicate on your behalf to the IRS. You may also get these professionals once you need answers concerning tax returns related questions. Read more here: https://money.cnn.com/2017/12/21/pf/taxes/new-tax-law-questions-answered/index.html.