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from:Consulting Tax Attorneys – Tax Law Specialists
Many people wonder if they need tax attorneys-tax law specialists, if you will, or if they are capable of handling their taxes on their own. Each person must make their own decision, but there certainly are some advantages to using tax attorneys- tax law specialists- for your taxes. Here are some of the basics:
The first advantage to using a tax attorney is that attorneys know the tax code. Information that you would need to pore over for hours to understand is second nature to tax attorneys. Tax law is complicated, but these attorneys have received the training required to keep you within the law with regard to your taxes.
Tax attorneys may also be able to save you some money. Because they know the tax code so well, attorneys can often find many deductions that you might not. Tax laws change each year, but tax attorneys receive training each year to ensure that they’re up to date on the tax code, and they know how to take advantage of each and every deduction. In fact, preparing your taxes may actually be more cost effective if you use attorneys. Tax law changes that give you deductions can often save you more money than you’ll pay in attorney’s fees. And, the fees you pay your tax attorney are tax deductible, making using a professional even more cost effective.
All of us fear an audit, and one way to avoid one is using tax attorneys. Tax law specialists are less likely to make a mistake, and the IRS may even be less likely to audit a return prepared by an attorney. But, if you do face an audit, your tax attorney will be there to support you and provide details about how your returns were prepared.
It’s also important to remember the time you’ll save by having an attorney prepare your taxes. Your time is worth money, and if you’re a busy person, it may be far more cost effective to pay an attorney, who can prepare your taxes quickly, to do so rather than spend many hours preparing them yourself. And, there’s a great deal of peace of mind associated with being able to hand the cumbersome task of preparing taxes off to someone else; especially since you can trust that the attorney is well prepared to do a good job.
Most of us have some fear of doing taxes and getting audited. And one of the simplest ways to ease your mind might just be using a tax attorney.
New Federal Tax Law News
Tougher tax laws to bypass online giants - The Australian
 International Business Times AU | Tougher tax laws to bypass online giants The Australian ONLINE giants such as Google and Facebook are likely to emerge unscathed from tougher tax laws to be introduced into federal parliament this morning, despite a government vow to stop them shifting profits offshore. Tax experts have debunked claims the ... Tough times taxing the tech giants Conroy pushes for tax on tech giants Coalition Dismisses Reports: No Tax Revisions for Global Tech Firms in Australia |
AU says anti-gay sermon broke tax law - Associated Baptist Press
 New York Daily News | AU says anti-gay sermon broke tax law Associated Baptist Press ... wrote the IRS to complain that independent Baptist pastor Charles Worley's incendiary remarks that went viral on YouTube violated a federal law that says churches that receive non-profit tax benefits cannot take sides in partisan politics. Agency files complaint against Maiden church Maiden church's sermon spurs possible IRS scrutiny over tax-exempt status Mixed reactions around church whose pastor's anti-gay rant went viral |
University Of Pennsylvania To Offer Tax Offsets To Employees In Same-Sex ... - Huffington Post
University Of Pennsylvania To Offer Tax Offsets To Employees In Same-Sex ... Huffington Post Same-sex marriage is not recognized under federal or Pennsylvania state tax laws. Therefore, faculty and staff at Penn who cover a domestic partner under one of the university's health care plans must pay taxes on that partners' benefits; ... |
New Federal Whistleblower Law Enhances National Security, Reduces Wasteful ... - Seattle Post Intelligencer (blog)
New Federal Whistleblower Law Enhances National Security, Reduces Wasteful ... Seattle Post Intelligencer (blog) Congress has passed a number of bills in recent years to expand whistleblower protections and rewards, including new programs for whistleblowers that expose tax fraud and fraud on Wall Street. However, federal workers remain woefully unprotected. |
WilmerHale, Jones Day, Dechert: Business of Law - BusinessWeek
WilmerHale, Jones Day, Dechert: Business of Law BusinessWeek By Ellen Rosen on May 24, 2012 US Attorney Patrick J. Fitzgerald in Chicago, the chief federal prosecutor in the Northern District of Illinois since Sept. 1, 2001, said he will step down, effective June 30. During his decade-long tenure, the appointee ... |