Attorney tax law is an area of practice that focuses on the laws and regulations that govern how businesses and individuals must report and pay their taxes. This is a highly specialized field of the legal profession and requires expertise in several areas, including taxation, accounting, and complex legal processes and procedures. The main responsibilities of an attorney tax lawyer are to advise clients on tax issues, represent them in disputes with government agencies, and help them navigate their various tax obligations.
Tax attorneys typically work for legal firms or public agencies, such as the IRS. They may also work as independent contractors for clients. Attorneys who specialize in tax law typically earn a bachelor’s degree in a subject like economics or business administration and go on to attend law school to earn a Juris Doctor, or JD. After graduating from law school, most states require new attorneys to pass a rigorous state bar exam to become licensed. Some attorneys may choose to further specialize in the field by earning a Master of Laws in Taxation, or an LLM.
Some attorneys work as in-house counsel for large corporations or financial institutions, while others practice privately at law firms. Firms with significant expertise in this field include Kramer Levin Naftalis & Frankel LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP. These firms provide a variety of tax services, including corporate transactions, international tax matters, and estate planning.
The Law Offices of Daniel M. Silvershein works with individuals and small businesses in New York City and the surrounding areas. The firm provides assistance with IRS and NYS tax law concerns, including audits, wage garnishment, collection due process hearings, penalty abatement, liens and levies, and collection litigation. The firm has been in business for over two decades.
Besides handling tax dispute cases, attorney tax lawyers also offer other legal advice. They are skilled at advising clients on the tax implications of different transactions, including real estate, financing, and capital markets. They are also experienced in tax fraud and assisting clients with navigating tax compliance issues.
While any lawyer can handle tax dispute cases, it is important to find one with experience in your specific type of case. A qualified attorney can save you a lot of money and time by quickly resolving your tax problems. The right attorney will take the time to listen to your needs and explain the available options. They will also keep you informed throughout the process and respond to any questions or concerns you have.
During the initial consultation, you should also ask about how often they will communicate with you and how they will charge for their services. Many tax lawyers will only charge for their actual time spent on your case, but some will include an additional fee for copy charges and administrative time. This is fine if you’re looking for a cost-effective solution to your tax dispute, but make sure that you know what you’re paying for.адвокат данъчно право