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Tax Law

What You Need to Know About Hiring an IRS Attorney?

IRS Tax Attorneys in Austin, Texas is there to help their clients through every step of the process. Many taxpayers who come to an understanding with IRS laws find that they cannot handle their own tax problems, and in some cases, they hire an attorney to handle the issues that arise. In this article I will discuss the most popular reasons why it may be in your best interest to hire an IRS attorney.

The most obvious reason to hire an IRS lawyer in Austin is if you owe money to the government and you cannot resolve the debt on your own. In many instances, people that owe the IRS money may not even realize that they owe the agency until they receive a tax return. If you have been paying your taxes and not paying attention to the amount owed, you may be surprised to find out how much you owe.

Sometimes when an individual becomes delinquent on their taxes, they may not realize they owe the IRS anything. In this case, you may be able to use the services of an attorney to get the IRS to help settle the amount owed. If you have never had a problem like this before, it is important to seek professional help from an attorney who is familiar with IRS procedures in order to avoid legal pitfalls.

An IRS attorney can also help you with tax planning or filing taxes as a married couple. Married couples who are responsible for taxes must take care to avoid overpaying the tax by making sure that they can pay more than one person. Many taxpayers choose to file separately from their spouse because they believe that if they are taxed jointly, they would have more disposable income. When they file separately, they have less tax liability to deal with in their joint financial situation.

Another reason to hire an attorney is if you are facing a tax audit or investigation. The Internal Revenue Service may be investigating whether you have properly paid your taxes. If you are found guilty of fraud, the penalties for that crime can double the amount of the tax that you owe. If the IRS finds that you are guilty of failure to file an income tax return, the maximum fine they can impose is one hundred thousand dollars. If the IRS determines that you were negligent in paying taxes, the penalties can go up to five hundred thousand dollars.

No matter what your reason for needing IRS help, it is always a good idea to get professional help to properly resolve any financial difficulties that you might be having. There are many lawyers that specialize in the specific area of tax issues, including income tax and refund issues. In some cases, you may even have the opportunity to choose the lawyer that you want to work on your case.