Taxes are complicated and can be confusing. That’s why you might need to seek professional help for tax planning and tax preparation. Because the tax code is complex and ever-changing, hiring a tax attorney is the best way to ensure that you get the most up-to-date, accurate information regarding your taxes. They can also provide legal representation in the event of an audit. Here are a few of the ways that a Denver tax attorney could be beneficial for you and your business and when it makes the most sense to seek out their services.
How Tax Attorneys Can Help You
Tax attorneys have experience assisting with all types of taxes, for individuals and businesses alike. Whether you’re having trouble understanding how to best plan for tax season, needing a tailor-made tax strategy to pay less tax, or being audited by the IRS, hiring a tax lawyer will help you understand your next steps, from finding bigger tax deductions to determining what you owe and how to pay it. A tax attorney can also help you proactively prepare for audits and can represent you in the event of an audit.
Tax attorneys can generally help with any type of tax issue, including:
- Income taxes
- Property taxes
- Sales taxes
- Excise taxes
- Business taxes
- Real Estate Taxes
- Estate planning
- Business Entity Formation
- Succession Planning
- And more
When Should You Consider Finding a Tax Attorney in Denver?
If you find yourself struggling to figure out how much you owe in taxes, consider consulting with a tax attorney. You may simply be looking for bigger profits in your business, because you suspect you’re paying too much tax. Because an experienced tax attorney is deeply familiar with the tax code, he/she can both find more tax deductions and also creatively craft a comprehensive tax plan to help you level up profits in ways you likely never considered.
The sooner you hire a tax attorney, the better off you’ll be. Getting a jump start is essential for enjoying annual compound tax savings. An experienced tax attorney can provide valuable advice about a variety of business tax strategies and preparing for an audit.
You may want to specifically consult a tax attorney if:
- Your business has had problems with its taxes
- You’re being audited by the IRS
- You don’t know or are unsure of how to properly file or plan your taxes
- You’re not sure whether you should hire an accountant or a CPA
- You have strong revenue, but need bigger profit margins
- And in many other situations
Hiring a tax attorney sooner rather than later can save you a lot of headaches (and money) down the road. The tax code is complex, and it’s easy to make mistakes that could cost you thousands in penalties and interest. If you are not familiar with how the IRS treats certain deductions, or if you have never planned for tax season before, hiring an experienced tax attorney may be worth it.
Why Choose Fusion Legal & Tax?
At Fusion Legal & Tax, we have a tax attorney, Certified Public Accountants (CPAs), and other experienced tax professionals on staff. We’ve prepared thousands of individual and corporate income taxes over the years and, thanks to our skilled team of accountants and Denver tax attorneys, we’re your one-stop shop for any tax-related issues.
Our Empowerment Tax Packages include both tax preparation and legal tax advice services so that you don’t need to hire two separate professionals to prepare your taxes, create a tax blueprint for future savings, and provide ongoing tax advice for business growth and success. We include audit defense in all of our tax packages too, so if you’re ever audited, you have an experienced tax attorney negotiating with the IRS on your behalf! We’ll go the additional mile to help you implement a tax strategy to minimize what you owe and maximize your deductions.
Please note that we only offer our audit defense services for existing clients that use our tax preparation services.
Ready to See What Fusion Legal & Tax Can Do For You?
Schedule an appointment with a leading Denver tax attorney today.