Tax Attorney Dallas TX | Tax Attorney Free Initial Consultation | Legacy Tax & Resolution Services

The IRS has a high percentage of successful in tax fraud cases. If you want to avoid expensive penalties or other consequences, you need a knowledgeable tax attorney on your side.

Undisclosed foreign bank account(s)

For decades, the IRS has had a voluntary disclosure policy, under which it would not refer for criminal prosecution, a taxpayers who voluntarily confessed their tax sins. Under the policy contained within the Internal Revenue Manual (IRM), a taxpayer must make a disclosure to the IRS prior to the IRS learning of the taxpayer’s noncompliance. To effect a successful voluntary disclosure, the taxpayer must provide a complete and truthful disclosure; cooperate with the IRS; and pay any tax, interest, and penalties that are due (or make good-faith arrangements for the payment of such). Finally, the disclosure must not relate to illegal-source funds; however, untaxed monies are not deemed illegal.

This longstanding policy is merely a criminal policy and has no impact on the IRS’s ability to seek civil penalties that would apply to a taxpayer’s noncompliance. Such civil penalties can include the familiar tax penalties, including the 75% fraud penalty, as well as penalties for failing to file a report of foreign bank and financial accounts (FBAR) or other International Information Returns, such as IRS Forms 5471, 3520, 3520-A, and others.

US Tax Court Case

Some problems that arise with the IRS can only be resolved in the courtroom. If you’re dealing with a tax issue that will likely make its way into court, you must be sure to hire a qualified tax attorney.

If you’re planning to file litigation against the IRS, or you want the United States Tax Court to review your case, you need an attorney who has tax courtroom experience. Tax court proceedings are complex, and without legal representation, you may find yourself facing an unfavorable judgment.

Considerable Assets that you want to protect from the IRS

If you have considerable assets that you are trying to protect from IRS seizure you should consider hiring a Qualified Tax Attorney to represent you in your Collection Due Process Hearing and throughout the collection process.  The attorney may be able list certain assets as exempt from seizure.

Finding the Best Tax Attorney

Now that you know reasons why you might want to hire a tax attorney, it’s a good idea to learn how to find the best attorney possible. If you want the most effective representation possible, there are several other qualifications you should be looking for.  Make sure your attorney has been specifically trained in taxation. Look for an attorney who has earned a Master of Laws degree in taxation (LLM). Having this degree means your attorney will have the knowledge necessary to handle a wide range of tax issues.

What Questions Should I Ask Before Hiring a Tax Attorney?