When You Need The Help Of Tax Attorney?

Shamsey Oloko

Many people in New York are not aware of tax laws because of which they are not able to do the correct assessment of their taxes. A tax attorney in New York said that almost 40% of people in the United States file their tax by own without taking the help of any other person or a tax expert.

Take The Help Of A Tax Lawyer

If you have been the victim of any tax default by filling tax incorrectly then IRS which is the highest authority in the United States for tax collection could impose various restrictions and penalties on you. At that time you have no other choice than to take the help of a good New York City tax attorney .

Before presenting your case to the respective judicial authority tax lawyer will do the following things:

Assessment Of Your Case

After having a tax attorney in New York the respective tax attorney will first assess your case in detail. He will ask you to present every document and every financial record regarding your tax computation so he can assess your correct tax correctly.

The reason for this is to ensure that you have committed faults in filing tax is by mistake and because of a lack of knowledge but not done knowingly to save money. If you have been found guilty of doing it purposely or willingly for saving money on taxes then the tax lawyer will not help you and may sue you for cheating or deceiving the judicial authorities.

Income And Salary Records

To assess your case the income tax lawyer may ask you to present him all the income and salary statements of last year. Based on your total earnings of last year a tax lawyer will be able to assess your tax correctly.

He may also ask you to present your current liabilities towards which you are making payments and details of other expenditures. It is the responsibility of the tax lawyer to do his investigation correctly at his end before filing your case to court.

These are the two most important things done by a tax lawyer before filing the case and get you the desired judgment.

Shamsey Oloko

Tax Preparation in New York: A Guide for Residents and Businesses

adomwhite 2023-01-19

IntroductionTax season is upon us, and for many individuals and businesses in New York, that means it's time to start thinking about hiring a tax preparer. In this blog post, we'll take a closer look at tax preparer New York and discuss what you should look for when choosing one, as well as some of the most common mistakes people make when working with a tax preparer. What is a Tax Preparer? A tax preparer is a professional who specializes in helping individuals and businesses prepare and file their taxes. A tax preparer can take care of all the details for you, so you can focus on other things.

Common Scenarios in Which You Might Need a Tax Attorney

IRS.Solutions 2023-11-29

Consider speaking with a tax attorney to help you navigate these complexities and ensure your company is ready for the future. Experts in tax law are tax attorneys. A tax attorney may assist you in navigating these intricacies and ensuring tax relief services for your firm are prepared for the future. Together with helping with tax debt repayment plans, tax attorneys can also assist in fighting a tax lien. Speaking With a Tax Attorney about Your Tax ConcernsYou can seek tax relief with the aid of tax attorneys.

Everything you know about IRS penalties

irstaxtrouble 2021-09-29

Looking to resolve your IRS penalties?

Discover more about IRS Tax penalties & interests and the ways to resolve them from your tax professionals at Kreig Mitchell LLC today.

The IRS can bring penalties if you fail to file your returns correctly, fail to file returns on time, or fail to pay taxes.

There are variations of IRS penalties.

What's important to remember is that a penalty or interest charge is often far from your one-time occurrence.

The best way to avoid IRS penalties or interest rates is to submit clean taxation statements each year.

Know Your Eligibility for IRS Installment Agreements

Patrick Walter 2022-10-17

An IRS installment agreement is a payment plan that offers time concessions to those having a hard time paying their tax dues. Read this blog as we discuss the basic eligibility criteria for each IRS installment agreement. Streamlined Installment Agreement The Streamlined Installment Agreement is a type of installment agreement that doesn’t require you to provide any financial information. Unlike the Automatic and Streamlined Installment Agreements, the Partial-pay Installment Agreement requires an out and out disclosure of your financial information. For instance, if you are looking for IRS debt relief in Dallas, contact a trusted Dallas IRS lawyer that provides a 360-degree IRS tax solution.

Cannabis Tax Planning New York

Greenbooks CPA 2021-10-21

Cannabis Tax Planning New York - Are you in need of tax planning services or audit representation for your cannabis business?

As a cannabis tax planning firm, Greenbooks CPA provides affordable services.

Check out our website for more information.

How to File an Extension for Taxes (IRS Form 4868)?

Google 2023-02-02

In these cases, you can file an extension to give yourself an extra six months to file your federal income tax return. A tax extension is a request for more time to file your federal income tax return. Mail FilingIf you prefer to file your extension by mail, you'll need to fill out IRS Form 4868 and send it to the IRS. To avoid any issues, be sure to allow enough time for the form to reach the IRS by the April 15th deadline. In conclusion, Filing tax extension form 4868 for your federal income tax return is a simple process that can give you an extra six months to complete your return.

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