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How A Tax Attorney Can Help You With IRS Penalties And Interest Charges

People often dread taxes as tax law in America (or any country for that matter!) is very complicated. Did you know that it runs on 70,000 pages? This is why people tend to seek the assistance of a tax attorney Los Angeles. How can a tax attorney help you with any IRS penalties and interest charges? Read on to find out more.

What does a tax attorney Los Angeles do?

Before we proceed to list down the benefits of hiring a tax attorney, let’s discuss their roles and responsibilities first. You see, tax attorneys specialize in tax law and handle the many complex technical and legal problems associated with every taxpayer’s situation.

Why do you need them? Well, whatever tax issues that you may be having, they can easily guide you and even help you achieve the best results possible. Oftentimes, people would want to hire a tax attorney because they needed help with their IRS audit, which brings us to our first point:

Helps you avoid any penalties

The general rule dictates that taxpayers should file a tax return on time; the deadline being the 15th of April or the 15th of October if you obtained an extension. If you hire a tax attorney, you’ll be able to beat IRS penalties. How? Well, a good tax attorney would advise you the following points:

You qualify for a one-time relief from any penalties if you have paid or even arranged to pay any due tax.

You qualify for a one-time relief from any penalties if you recently filed an extension to file.

You qualify for a one-time relief from any penalties if you filed all currently required returns.

You qualify for a one-time relief from any penalties if you have not incurred any penalties for the last three tax years prior to the tax year you have received the said penalty.

Helps you find a reasonable cause for your failure to pay on time

On the off chance that you are not qualified for a one-time relief from IRS penalties, then your tax attorney can assist you in finding a reasonable cause for your failure to pay on time. Here’s a list of those reasonable causes:

Extended military service

Bad advice from an accountant

Incapacity to obtain records

Natural disasters

Casualty, fire, and other disturbances

Drug addiction

Alcoholism

Death of a family member

Mental illness

Can represent you in various tax-related cases

Now, do keep in mind that there are different cases wherein you will need the help of a tax attorney, some of which would include audits, handling any kind of IRS communications or complications, criminal charges against clients, and planning estates and inheritance among others. With a very tedious process, especially in claiming credits and refunds, you’re going to wish you hired a tax attorney to represent you.

If you hire a tax attorney Los Angeles, you’ll ensure that you won’t get into trouble concerning any tax policies.

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