Taxation covers many topics. It includes taxation law and corporate taxation as well as income tax, estate tax, and payroll tax. Although each topic may seem to be different, they all address the same tax issues. Talking to a tax attorney regarding a specific tax issue will ensure that she has all the necessary knowledge to assist you.
Revenue law, also known as tax law, is an area of law in which regulated or sanctioned authorities (state, federal and local) use uniform laws and methods to calculate, assess and assess taxes within a specific administrative context. This administrative context could be tax planning to reduce tax payments, preparation of tax returns to calculate taxes based upon a taxpayer’s eligibility criteria or the preparation by auditing authorities of a tax audit report. Any taxation area that aims to reduce taxes has its own definition if it is the goal of any tax legislation. Property taxes are imposed on real estate owners. Medicare premiums and Medicaid premiums are also called property taxes. Each type of taxation has its own area and procedure.
A tax attorney is a tax lawyer. They are qualified to provide advice on different aspects of tax legislation. Although tax attorneys do not provide legal advice on tax legislation, they can advise on specific areas of taxation. A tax attorney can help you structure trusts and avoid liabilities that could arise from erroneous structuring.
Individuals and businesses can also get specialized assistance from tax attorneys regarding matters related to their tax status. They can assist with tax reporting, review and advise tax assessments, and offer suggestions for minimizing or eliminating tax liability. Tax attorneys may represent tax agencies in tax litigation matters. In other cases, they assist clients with issues related to the tax code, tax regulations, or tax compliance. They can also represent clients in tax courts.
All states and all jurisdictions in the United States have tax attorneys. Although the level of training is different in each state, most states require that attorneys have at least five years’ experience in tax law. A tax attorney must have at least five years of tax experience and pass the American Bar Association or National Association of Attorneys General exams. Many tax disputes can be resolved without the need for a court because the bar associations have mechanisms that ensure they are serving the public well.
Many tax lawyers also offer settlement services for taxpayers. The attorney will advise on the best strategies and options to resolve the dispute and possibly avoid further legal action. Some tax issues can be resolved without the need for court intervention, but others can be complicated and time-consuming. Tax attorneys can offer settlement services to help clients avoid these complications. If clients feel uncomfortable asking for help from their relatives or lack enough knowledge about tax issues, they may choose to hire tax attorneys.
This article was written by Alla Tenina. Alla is a top tax attorney in Sherman Oaks, CA in Los Angeles California, and the founder of Tenina law. She has experience in bankruptcies, real estate planning, and complex tax matters. The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information. This website contains links to other third-party websites. Such links are only for the convenience of the reader, user or browser; the ABA and its members do not recommend or endorse the contents of the third-party sites.