3 Things Your IRS Lawyer Can Help You With
Whether you hire a tax lawyer in Orange County, a lawyer in San Jose, or a tax attorney in San Diego, the right IRS lawyer can be invaluable.
Here’s what a good one can do for you:
1. Get you out of tax trouble
Whether you owe $2 million or $2, the IRS doesn’t give people a “pass”. If you’ve gotten into some trouble with your taxes, you need an IRS lawyer. After all, the IRS isn’t going to drop the issue until it’s resolved and they’ve gotten their money!
Unfortunately, lots of people unknowingly make simple mistakes that can lead to big tax problems. The best way to get everything resolved – without having to face too stiff of a penalty – is to find a tax lawyer in Orange County that really knows his stuff.
2. Set up your business
A good IRS lawyer can prevent you from getting into tax trouble in the first place! Let’s say you want to start up a new business in San Jose. You may know the ins and outs of your industry, products, and target audience – but do you know everything you need to about your taxes? Luckily, a good San Jose tax attorney does!
What will he do for you?
A good San Jose tax attorney can work with you right from the beginning – doing things like making sure you set up the proper type of corporation, helping you file all of the necessary paperwork, and making sure you understand all of the tax responsibilities you face as a new business owner. Then, as your business grows, your San Jose tax attorney can make sure that your expansions are all in line with IRS regulations, so that you don’t have to spend your hard-earned profits on tax penalties!
3. Manage your offshore taxes
Even if all of your money is tied up in a bank in Switzerland, you may very well need the services of a tax lawyer in Orange County. That’s because the IRS requires you to declare any of your offshore holdings that are higher than $10,000. If you think you don’t need to, think again. The Justice Department has started working with Swiss banks, and forcing them to turn over records on their accountholders. Before you know it, you could have a tax nightmare on your hands!
A tax attorney in San Diego can help you figure out how to declare everything properly, how to pay the proper taxes, and how to avoid getting into tax trouble in the first place. Or, if you’re already in a pickle, a tax lawyer in Orange County can try to soften the blow. But without a good IRS lawyer, you may wind up digging yourself into a hole that’s too deep to get out of!