Tax season can be very complicated for every taxpayer. Whether you are a first-time taxpayer or have been paying taxes to the IRS for several years, the tax season comes with so many new challenges for you. It is very burdensome to deal with taxes on your own, doing so can create so many issues with your tax dealings. However, the good news is the professional and legal assistance is available for you.
Whether you are looking for professional tax assistance as an individual or as a business entity, there are so many financial advising assistance options available. Therefore, it is very difficult to determine to whom to go with. However, CPA and Tax Attorney are the two most reliable options for you. They are professionals and specialized in all types of tax dealings. They can assist you with a wide range of financial cases including Audits, Back Taxes, Account Levies, Property Liens, Negotiating with the IRS, Unfiled Tax Returns, Wage Garnishment, Annual and Monthly Accounting, Quarterly Taxes, and Constructing a Business Financial Plan. When it comes down to choosing the best one for your tax cases, it highly depends on your unique needs, goals, and status of tax case with the IRS.
Both Tax Attorney and CPA deals with a variety of tax needs and can wisely assist with your tax cases with the IRS. However, they both are different from each other as there are some distinct limitations to their roles.
CPA- Certified Public Accountant
Generally, they have a 5-year business degree with a mandatory 150 hour of learning. They have mastery in a comprehensive range of accounting and bookkeeping fields. They specialize in a wide area of financial fields including auditing, taxation, bookkeeping, business strategy, etc. They are considered one of the best versatile financial planners.
Due to their diverse and distinct set of skills and ability to wisely deal with the IRS cases make them one of the most trusted financial advisors in their field. They deal in a wide range of financial matters, especially the complex business tax cases. They are well-versed with how to be abided by federal tax laws while still mitigating your tax liabilities and maximizing your benefits. They also act as a primary financial advisor and influence many financial decisions including investment, real estate decisions, and certain issues with the Internal Revenue Service. It could be a good financial assistant for your tax cases if you need a tax planning service.
Tax Attorney
Educationally, Tax Attorneys have a different status. Generally, they are law graduates, have passed their state bar’s examination, and specialized in legal practices of tax preparation. They are skilled law professionals and known as the best IRS tax lawyers. They have several years of legal experience in tax law and know all the tactics to deal with the Internal Revenue Service matters. Although both CPAs and Tax Attorneys can help you with tax matters with great communication with the IRS officers, a tax attorney is a better option to go with if you are facing trouble with your tax matters like tax debts, tax debts settlement, etc.
Unlike CPAs, tax attorneys are trained when it comes to representing a matter of a client. If you have any issue with your audit with potential penalties, tax preparation, back taxes, unfiled returns, halting wage garnishment, compromising with the IRS, tax attorney would be the best choice for you to go with as they have extensive knowledge, skills, experience in the legal principles and case law.
Choosing the Right Tax Resolution Professional
As mentioned above, it highly depends on your needs, goals, and the status of your case. Both CPA and Tax Attorney can provide you the ultimate solution for your matter. However, choosing law professionals or tax attorneys would be a better choice for you as they are trained, well-educated, and well-experienced in manipulatively dealing with tax matters. They prioritize minimizing your tax liabilities and maximizing your benefits. So, when you have issues with your tax debts, received notice from the IRS, and involved in any tax controversy, you should choose the best tax attorneys or contact a reputable tax law firm. There are some tax professionals that are both a CPA and Attorney
Attorney Timothy Hart
Timothy S Hart, the founding partner of the tax law firm of Timothy S. Hart Law Group, P.C. is both a New York Tax Lawyer & Certified Public Accountant. His area of expertise includes innovative solutions to solve your Internal Revenue Service and New York State tax problems, including tax settlements through the Federal and New York State offer in compromise programs, filing unfiled tax returns, voluntary disclosures, tax audits, and criminal investigations. [ Attorney Bio ]
