answersLogoWhite

0

The main reason you would need one is if you are audited. You may want one when setting upa trust fund as well.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

Do attorneys pay taxes?

Yes they do the same as other taxpayers filing the 1040 federal income tax return.


What is the difference between income tax today and income tax when it first began?

It was initially a tax on the wealthy, now it taxes the guy who works for a living more heavily than the rich who pay attorneys to construct "tax shelters". See the linked question below.


How much would a Income Tax Attorneys cost?

Income tax attorney fees vary. Some attorneys will charge a flat rate for a specific service, for example an attorney may charge a fee of 5% of your debt. However, it is more common for attorneys to charge an hourly fee on top of requiring a retainer. On average, one should expect to pay a retainer of $1000-$2000 and an hourly fee of $200-$250.


Where can I find a cheap income tax attorney?

Go to Lawyers.com. Search for 'income tax attorney'. Select the state you live in under 'Firms and Attorneys' in the search results. Start calling the various firms listed to get estimates for your specific situation.


Where can one find information about income tax provisions?

One can find information about income tax provision online. Some of the useful websites are Small Business, Bricker, Dummies, Corptax, Tax Stream and Jstor.


In facing an income tax audit, what kinds of settlement help is offered?

The first step would be to attempt working out arrangements with the IRS themselves. If this option proves unacceptable, there are many attorneys who specialization is income tax law and will work towards settlement.


Do you need last years tax return to file this years taxes?

No but it could be useful if you have it in your hand when you are working on your 2009 tax year income tax form.


Can IRS tax attorneys help me with being behind on filing my income taxes?

I would imagine that a tax attorney is well versed in all tax law. This would be extremely necessary when trying to resolve any fines or other problems that would need to be clarified when trying to resolve any income tax issues.


What are the steps to fix income tax problems?

Common problems are not filing income taxes correctly, not filing the correct forms, or not paying owed taxes. Also, common mistakes in filing income tax is easily avoidable by using a tax preparer service. Tax attorneys can help with any legal problems with the IRS and help with plans to paying off unpaid taxes.


Where is the best place to find an income tax attourney?

To find an income tax attorney, you may consider looking through the yellow pages. Alternatively, several websites are out there that will enable you to search for attorneys based on where you live, as well as provide feedback from other clients.


Where can one calculate business income tax online?

The official IRS website can be used to calculate business income tax. Also, third party vendors like Turbo Tax or H+R Block are useful for this purpose.


What is Before tax income after tax income?

Before tax income is gross income less allowable deductions and rebates = assessable income. After tax income is assessable income less the applicable income tax