Can IRS Tax Attorneys Settle All Your
Tax Issues?
The Internal Revenue Service is a government agency that you don’t want to cross because doing
so can mean very hurtful consequences. The IRS is responsible for determining your actual taxes
and collection, and as such, they can exercise and maximize all efforts to get the money you owe
the government. Their tactics can be very serious. These include:
A tax lien so you cannot sell or refinance your property
A tax levy so they can get your assets and use them to recover your debt
Hefty penalties and fines
A potential criminal liability for evading taxes
A damage to your FICO score and reputation
A wage garnishment that can significantly reduce your take-home pay
Persistent calls and notices from the IRS agents
At some point, you may find yourself in an unfortunate situation with the IRS. If it happens,
always remember that you do have a lot of options available and that there’s one person who can
help you with your trouble: a tax attorney.
A tax attorney doesn’t have to necessarily mean a certified public accountant (CPA). While they
do share some similarities in that the CPA also knows many things about taxes, the CPA cannot
represent you with regard to tax problems. In fact, the IRS may compel the CPA to testify
against you in case the issue has to go to court.
The tax attorney is also different from other types of attorneys since he specializes in one sector,
and that is tax issues and the IRS. He spends many years studying the different laws and
develops expertise in the field. He knows taxes and the IRS like the back of his hand.
Waving the Magic Wand—Not
Let’s be clear that the tax attorney doesn’t have any means to immediately get rid of your
problems. In the end, it all depends on the IRS and, to a certain extent, the court. Contrary to
popular belief, he doesn’t have any magic wand that excludes you from paying the back taxes
and other IRS liabilities.
Nevertheless, a tax lawyer is still badly needed because:
He guides you throughout the process. Ignorance will never be bliss, especially if we’re
talking about the IRS and tax problems. The more you don’t know, the more you’re prone to
committing more mistakes that can be very costly. The knowledge a tax attorney can pass on to
you can be your guide as you make careful decisions.