What Is A Tax Attorney

What Is A Tax Attorney

tax attorney is a specialty group of attorneys that specialize in tax law.  These specialists are by far some of the most highly educated group of attorneys due to the many different city, county, and state taxation laws that apply across the United States.  These taxation laws also change constantly (some on a yearly basis) so handling anything more advanced than paying your basic income tax without professional advice is something that you should not take lightly.
Tax attorneys are also instrumental in pulling together tax relief plans. Tax relief is fairly new concept which remains to this day a fairly unknown concept.   Tax relief is the process by which one can have portions of their debts—especially, as the name implies, federal taxes with the United States’ Internal Revenue Service (IRS)—forgiven through a compromise.
This is advantageous to all parties involved for the simple reason that getting some payment of money owed is usually better than nothing at all. The debtor (the one who owes the money) pursuing tax relief is benefited because he will not be forced into bankruptcy by the action of pursuing tax relief, and the federal government benefits because they receive a fixed sum (with interest) that is likely greater than what they ordinarily would have received had the individual simply gone for bankruptcy.
Let’s be totally honest here, being in a situation in which you have to ask for this type of tax relief is not an easy thing to do and can be quite uncomfortable.  It tends to be a viable option for those that are trying to do the right thing and keep themselves or their business in tact to hopefully be profitable again in the near future.  By providing this service, the tax attorney helping with the tax relief negotiation and process earns a fee for their services.  This is paid for by the debtor or the one who owes the money and is in need of the tax relief.
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