While many people and small businesses in Alabama make it a point to avoid the the Internal Revenue Service (the IRS), some people end up facing a slew of IRS penalties. IRS tax matters can be a very sensitive issue, and a slight mistake in your tax preparation process can cost you an incredible amount of time and money, not to mention it could put you in jail. The IRS keeps a keen eye on people who have fallen behind on paying their taxes or have failed to file their tax returns, among other matters. Since dealing with the IRS can be a stressful and anxious experience, many people are advised to hire a professional tax attorney to keep them out of IRS trouble. In this blog, we’ll discuss the top reasons you should hire a tax attorney and the many benefits of doing so.
If you’re looking for an experienced and professional tax attorney in Montgomery, reach out to the Law Office of Tanika L. Finney today. Finney has years of experience working in income tax controversy clinics, and she has represented numerous clients before the IRS. She also spent years preparing taxes with the Volunteer Income Taxpayer Assistance Program. Whether your tax controversy falls under a federal or state issue, we’ll do everything we can to ensure you get the legal representation you deserve. Contact our law office in Alabama today!
Reason #1: Tax Audits
Anyone who has ever been tax audited will tell you that dealing with the IRS can be a nightmare. When the IRS looks at your tax and income reports, they might find that you owe more money in taxes, and they may even make you pay a penalty due to an oversight in your return. If the IRS decides that they want to audit your taxes, you should see this a serious matter, and seek an experienced tax attorney right away. Just as you would not go to court without legal representation, you should not go into an audit without a tax professional by your side.
When you work with an experienced attorney, they will do everything in their power to ensure that your audit process is as smooth as possible. They will work on your behalf to make sure you are not fined with excessive penalties, and they will work to make a compromise for any tax debt you may owe.
Reason #2: Criminal Charges
If the IRS seeks you out in an attempt to file criminal charges against you, contact your attorney right away. The IRS will file criminal charges when they suspect that a person is purposely avoiding paying his or her taxes. They may also seek you out if they believe you are willingly hiding income from the government. The penalty for tax evasion and fraud can be very serious, and can even lead to jail time. If you want to have your punishment reduced to an absolute minimum, you should hire a tax attorney as soon as you learn that criminal charges are being filed against you.
If you’re currently facing IRS examination and you need an attorney in Alabama that specializes in law controversies, contact the Law Office of Tamika L. Finney today.
Reason #3: CP Notice
When someone received a CP notice from the IRS, it often means that they owe a balance to the government. These notices can be challenging to understand, which is why most people turn to an experienced tax attorney to help them understand the notice and answer any questions they may have. If you’re wondering why you have received a CP notice from the IRS, it may be due to one or more of the following reasons:
- You have a balance that is due.
- They have questions regarding your recent tax return.
- The IRS needs to verify your identity.
Most CP notices require you to respond by a specific date, and there are two main reasons you will want to comply with this:
- When you respond in a timely matter, you can minimize additional interest that may have accrued and lower your penalty charges.
- To preserve your appeal of rights if you don’t agree with the balance amount owed.
Reason #4: Communication
When the IRS sends a CP notice or requests additional information from you, it’s important to ensure you communicate in a clear and professional manner. If you have a hard time speaking to authorities or you tend to get flustered under pressure, it could lead to challenges with the IRS. When you hire a tax attorney, you have the benefits of working with someone who can act as a communication liaison between between you and the government.
As you can see, there are many reasons to hire a tax attorney. If you live in Montgomery or the surrounding areas and you need immediate legal representation, contact the Law Office of Tanika L. Finney today.