Taxation, it is a horrible financial reality of the world's working citizens. Often it can mean a windfall at the end of every financial year, or it may mean debt. At the worst a tax audit, which is where a taxation office official goes through your finances to check for discrepancies or illegal claims and submissions, can result in a bill for monies owing or an arrest. In the event that an audit does bring about a prosecution the need to hire a top tax attorney is paramount.
A top tax attorney is a lawyer who is expertly trained and qualified in the specific area of taxation law. Any qualified lawyer can obtain a position within tax law but it is those that have undertaken post-graduate tax law training that are considered experts in their field. They have supreme knowledge of accounting, tax law, accounting law, government policies and taxation loop holes.
If you are having trouble with the tax department, be it IRS or State Revenue, a top tax attorney can save you from paying hefty fines or prevent your arrest. If you have had the displeasure of an audit and subsequently are facing legal action with the chance of fines or worse imprisonment, obtaining a top tax attorney can mean a world of difference between outcomes. A general tax lawyer may be able to get a reduction of fines up to 25% or a reduction of jail time, however they will have the better skill and in-depth tax knowledge to get the fines reduced by more than 50% with zero jail time, or perhaps have the entire proceeding quashed and thrown out of court.
Another benefit of having access to them is that during the financial year if you have any queries or concerns they can act as your personal advisor. In all your business and even personal financial transactions a top tax attorney will save you thousands by warning of bad financial choices, (in relation to tax offsets or liabilities), or can assure you of the good choices that will be tax smart and overall prosperous.
If you are an investor, business owner or have not paid your taxes in due time. Distinguished Justice Advocates can help you find the appropriate tax lawyer for you.