A tax lawyer guides clients through complex tax laws and saves potentially significant money by claiming allowable deductions. Tax lawyers also help individuals and companies audit through the Internal Revenue Service (IRS). Tax lawyers research, interview and investigate, and explain complex local, state and federal tax laws to their clients. Excellent written and verbal communication skills are required. Depending on the position, tax lawyers may have longer working hours. Tax lawyers assist their clients in choosing the type of business, such as Limited Liability Corporation (LLC), S-Corp or C-Corp, and determine their potential tax results.
This is the most used pricing structure. Although each tax attorney calculates their hourly rate, you can expect to pay $ 200 to $ 400 per hour. However, if you hire a lawyer from a large company in a major city, you can pay up to $ 1000 per hour. In other cases, you will be offered a flat rate. This one-time fee covers your services, regardless of how much time a lawyer spends on your case. Generally, this option is offered when a matter is quite simple or routine.
A tax attorney can do much more than just help you file an income tax. A tax attorney can give you instructions that can save you thousands of dollars in tax filing. A tax attorney has a thorough understanding of any deductions that may apply to your case. A tax attorney can help you make this important decision. He or she can help you with the process of audit notes from the IRS. If you believe the IRS is making a false claim against you, it may be your attorney to file a tax lawsuit before a financial court.