6 Best Pittsburgh, PA Tax Attorneys | Expertise.com (2024)

FAQs

Can a tax attorney negotiate with IRS? ›

A tax attorney can help negotiate with the IRS to resolve various tax issues, including unpaid taxes, audit disputes, penalty abatement requests, installment agreements, and offer in compromise. Hiring a skilled tax attorney can greatly increase the chances of resolving tax debt issues effectively.

For complex issues, such as dealing with the IRS on serious matters, criminal tax matters, or handling tax litigation, the legal knowledge of a tax attorney is preferred over that of a CPA. Their advanced training in tax law and litigation provides the necessary skills in these challenging situations.

Primary tabs. A tax attorney, also known as a tax lawyer, refers to an attorney who specializes in taxes. Tax attorneys are typically involved in analyzing from the tax perspective, advising clients on the tax consequences of specific transactions, and litigating the tax treatment of disputed tax positions.

Though an accounting or mathematics degree is no prerequisite to becoming a tax lawyer, you must have at least basic math and accounting skills.

How much will the IRS settle for? The IRS will often settle for what it deems you can feasibly pay. To determine this, the agency will take into account your assets (home, car, etc.), your income, your monthly expenses (rent, utilities, child care, etc.), your savings, and more.

CPAs are best for help with the business and accounting side of taxes, such as filing taxes, finding deductions and credits, accounting, and providing tax and financial planning. Tax attorneys are best for legal advice in writing and representation in court.

One of the primary reasons to seek the assistance of a CPA in settling your IRS tax debt is their profound knowledge of tax laws and regulations. CPAs are highly trained professionals who stay up-to-date with the ever-evolving tax code, ensuring that you benefit from the latest tax strategies and provisions.

What are the main differences between a tax advisor and a CPA? Tax advisors specialize in tax law, planning, and compliance, focusing on strategies to minimize tax liabilities. CPAs offer a broader range of financial services, including auditing, financial planning, business consulting, and tax services.

The Taxpayer Advocate Service (TAS) is an independent organization within the IRS. We're here to ensure that every taxpayer is treated fairly and that you know and understand your rights. Our advocates can help if you have tax problems that you can't resolve on your own.

What is the highest salary for a tax lawyer? ›

Taxpayers can sue the Internal Revenue Service (IRS) in either Tax Court or Federal Court. The rules for suing the IRS in tax vs. federal court differ — especially when it involves FBAR litigation. Generally, to sue the IRS in Tax Court, the petitioner (you) must simply meet the timelines for filing.

The actual math involved in filing taxes was learned in elementary school. Add, subtract, multiply and divide. The only challenge to simple tax returns that most young people file attention span. The forms needed are provided, if you file online, it tells you what number to enter where.

Quote by Ambrose Bierce: “Lottery: A tax on people who are bad at math.”

Negotiating a settlement directly with the IRS may also be an option in certain situations. This involves proposing a lump sum payment that is less than the total amount owed. Keep in mind that the IRS is generally more inclined to consider this option if there is doubt about the collectibility of the full debt.

An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can't pay your full tax liability or doing so creates a financial hardship.

First, the IRS can accept a compromise if there is doubt as to liability. A compromise meets this criterion only when there's a genuine dispute as to the existence or amount of the correct tax debt under the law. Second, the IRS can accept a compromise if there is doubt that the amount owed is fully collectible.

The Taxpayer Advocate Service is an independent organization within the IRS whose employees assist taxpayers who are experiencing economic harm, who are seeking help in resolving tax problems that have not been resolved through normal channels, or who believe that an IRS system or procedure is not working as it should.