Many small bisiness owners consider their tax attorney to be as vital as their accountant.This is because a good tax attorney can help head off tax problems before they even begin.He or she can see potential trouble spots for a business and can advise the owner how to avoid them.
U.S. tax law is not only labryinthine in structure, it also changes nearly every year. Thus, a good tax attorney will keep up the latest changes and can advise clients accordingly. A tax attorney may also be helpful when setting up trust funds, stock portfolios and the like, so a taxpayer doesn`t run into unexpected surprises on April 15.
A person looking for a tax attorney shouldn`t call the first one listed in the phone book. He should look around, ask friends, or even his personal attorney(if he has one) to recommend a good tax specialist. As a prospective client,the taxpayer should look for a tax attorney with extensive experience in dealing with IRS, in debt management cases, and in working with real live taxpayers. He should also ask the attorney for references. The taxpayer should also make certain his tax attorney is a member of the American bar Association and the state bar association. A client should also make sure he knows what his attorney`s rates are, and make arrangements for payment early on in the consultation process.
