Is it important to have a tax attorney for communication with the IRS?
Yes. Communicating with the IRS can become complicated, especially for the layperson who isn't well-versed in the field of tax law. A tax attorney can help ensure an individual is taking the right approach and is staying within the law.
What are important questions to ask when selecting a tax attorney?
What do you specialize in?
Do you have references?
What credentials do you have? Are you licensed to practice in this state?
What is your hourly rate, and what is the cost of an initial consultation?
Does a tax attorney receive special degrees?
Yes. Tax attorneys must first earn a law degree. Then, they must pass the state bar exam specific to the state in which they practice. Some may choose to further their education by obtaining a master's degree in taxation law or taking the CPA exam.
How is a tax attorney different than a CPA?
Though both are experts in matters related to taxes and taxation law, there are some key differences between certified public accountants and tax attorneys.
Tax attorneys focus more on the legal side of tax law. They have a law degree and have passed the bar exam.
CPAs focus more on the financial side of tax law. They have passed the CPA exam. To take this exam, individuals must have 150 or more college credits, and typically some work experience.
Can tax attorneys help with back taxes?
Yes. Tax attorneys can help clients with back taxes.