How many different tax brackets are there for tax filers?
If you can’t answer this question, don’t worry. Around 90% of Americans can’t answer this question correctly. P.S. the answer is seven.
If you struggle with tax law, bring in a professional. Keep reading to learn how to select tax attorneys.
Check Their Credentials
When you select tax attorneys, you need to make sure they have the proper credentials to work in law in your state.
During a consultation with a lawyer, ask them about their license. If you ever need to go to a hearing, you’ll need an attorney that is licensed in your state to appear in the courtroom and represent you.
Failure to check the credentials of a lawyer you hire can lead to problems more complicated than common tax issues.
Look for Experience
There are a lot of options for tax attorneys, but you’ll want to choose the one with the most experience based on the situation at hand.
An attorney that specializes in your specific issue will be able to get to the root of the problem and come up with a solution much faster.
A lawyer with at least five years of working on tax cases is generally a safe bet. Years of experience have exposed them to various issues that occur with taxation.
A lot of clients look for law professionals that have experience negotiating with the IRS. IRS negotiations can be intimidating so it’s helpful to have someone that knows the ins and outs of the law to negotiate on your behalf.
Consider Their Reputation
Reading online reviews and asking for recommendations from people you know can help you gauge a lawyer’s reputation in the field. If you know other attorneys, you can also ask them if they know someone who specializes in taxes.
When reading reviews online, take some comments with a grain of salt. Bitter clients might post a negative review because a verdict didn’t go their way, which isn’t always the fault of the lawyer.
Compare how many positive reviews vs. negative reviews there are. You’ll want to hire someone that has more positive reviews, but understand that negative reviews are inevitable in any industry.
Understand Attorney Fees
Attorney fees vary from firm to firm. Before agreeing on a contract with a tax lawyer, make sure you understand the fee structure that they use.
Lawyers can work by the hour, for a flat rate, or work on a contingency fee basis. If you have multiple lawyers in mind, comparing attorney fees can help you discover the most affordable option.
However, it’s not always advisable to go with what’s cheap. Choosing the cheapest option might lead to bad quality work. When you compare fees, you’ll get an idea of the average cost in tax law and can find any outliers.
How to Select Tax Attorneys: Explained
Knowing how to select tax attorneys is beneficial if you want the best advice for an affordable price.
Check lawyer credentials, look for experience, consider their reputation, and understand their fee structure. When you complete these steps, you’ll find the right professional for your needs.
Come back to this website for more advice!