CPA Tax Preparation
Certified public accountants, commonly known as CPAs must pass a stringent licensing test in their home states before they're allowed to hand out their shingle and open their office. This, in theory, gives you, the customer, a better guarantee of competence that's you get with a non-certified attorney.
It should be stressed, however, that an account does not have to be certified to prepare your tax returns. In fact, almost anyone from a bookkeeper to a boot black can set themselves up in the tax preparation business. You should also be aware that conversations between you and your accountant, certified or otherwise, are not confidential in the sense that those between you and your lawyer are.
Which is one of several reasons why you may want to consult a tax lawyer, rather than a Certified Public Accountant (CPA) is your troubles with the IRS involve more than calculating what you owe.
No one may know as much about keeping books as a CPA, but nobody knows more about the tax laws and codes than a specialized tax attorney. If you're dealing with the IRS or have complex questions, there's no one better to consult.
IRS lawyers are the only tax specialists that can offer you attorney-client privilege. A CPA or other preparer can be forced to testify against you, but a IRS lawyer cannot. Don't risk sensitive information with a CPA or preparer.
Moreover, only an IRS lawyer has the capability to inform you of all your legal options and alternatives. CPAs cannot provide you legal advice. An IRS lawyer can give an opinion to you of all of the options available, including tax bankruptcy. A CPA most likely may not even be able to tell you about tax bankruptcy, however, a IRS lawyer can lead you through the process and even tender alternatives such as the new Offer in Compromise offered by the IRS.
An IRS lawyer can also address on your behalf with the IRS. They are habitually more conversant and better prepared than IRS agents. They are not unsettled by the IRS and don't trip over their sneaky tactics. An IRS lawyer can establish whether the IRS has a strong case and can effortlessly recognize IRS errors.
IRS lawyers are also capable of negotiating settlements with the IRS. The IRS is more likely to answer to an attorney, because they discern that they are dealing with a knowledgeable professional. An IRS lawyer can assist in creating alternatives for you that might never have otherwise been exposed. They can also guide you through the settlement process
An IRS lawyer will at all times try to search out the best deal for you. The IRS is out to come by as much money as it possibly can. Make sure that you are regarded impartially and pay the smallest amount possible. Don't fall prey to the IRS. Make use of an IRS lawyer to reach a resolution in your favor. An IRS lawyer can determine if the IRS even has a case against you.