For most people, filing their taxes is like going to the dentist. It’s relatively painless, and it happens once a year. If you’re lucky, you don’t have any cavities and you may even wind up with a refund a few extra bucks in your pocket. For the unfortunate fews, an IRS audit can be worse than a root canal. And you thought this metaphor was painful!
So, how do you know if you’re the type of tax filer who can go it alone or if you need legal representation? Any tax attorney will tell you that you can file your taxes on your own or with an accountant or CPA without their involvement. Things change, though, if you are getting audited by the IRS or owe a large amount of money. Even more critical is owing several years of back taxes to the IRS.
You may want to save yourself or your business from tax penalties. A tax attorney can work with the IRS on your behalf to lower your tax bill, establish a payment plan, and put an end to any liens in place against your home, property, or business.
Hiring an attorney to represent you is not cheap, but neither is paying a tax bill in full. As your legal representative, a tax attorney works with your best interest in mind, but it is ultimately up to you to decide if it is worth the expense of expert representation. Many tax filers are happy filing online with a TurboTax coupon and worry little about the repercussions of a tax audit. If you are one of these types do not worry, things will continue to go your way. If you lay awake worrying about an IRS audit, however, know that help is available. Many attorneys offer free consultations and many only get paid if they reach a satisfactory result.
If you are wondering if now is the right time to talk to a tax attorney, the answer is yes.