New York Tax Lawyer

Guide to Finding a Good New York Tax Lawyer

If residing in the New York area and the question comes up about ‘tax law,’ getting the know-how about finding a good NY tax lawyer is important. Why would anyone need a tax attorney, though?

Typically, anyone would just go to their regular accountant, get the taxes rendered, and everything’s taken care of after that. There are, however, some more complex issues that require a successful New York tax lawyer, such as:

Reasons for Hiring a NY Tax Lawyer

Attorneys skilled in the highly specialized field of tax law will explain to an individual seeking representation several things that the individual will need to keep in mind. For informational purposes, if needing a New York tax lawyer, a person must have one or more of these requirements.

• Taxable Estate; Needing to File an Estate Tax Return
• Starting a Business
• International Business Affairs
• Lawsuits Against the IRS
• Representation Against Tax Fraud

Obviously, very important reasons. An experienced NY tax lawyer will know the ins and outs of these situations.

New York Tax Lawyer: Starting Off With Taxable Estate

Essentially, ‘taxable estate’ refers to the assets owned by someone who had passed away. This is always the case upon death, that all assets are then subject to taxation.

In order for all processes to go smoothly, though, family members can consult as many New York tax lawyers as possible for the best kind of information as to how to proceed with all the assets and come to a number that is accurate after taxation has occurred.

Finding the right attorney out of all the free consultations from NY tax lawyers can assure the chance that the settlement of all the assets of the deceased person is in fact the right one.

New York Tax Lawyer: Getting Off on the Right Foot

And it’s a big issue with the American Dream. Starting a business. Without a doubt, if anyone ever wanted to go into business for himself or herself, consulting good New York tax lawyers is a must.

There are several things to consider when starting a business – income tax, self-employment tax, employment tax, excise tax. And that’s just the start of it. In addition to all of that, a soon-to-be self-starting business owner has four forms to fill out – Form 720, Form 2290, Form 730, and the Form 11-C.

This is basically more than double what any other American citizen has to file. And it’s a major reason as to why NY tax lawyers are so highly specialized and do so well in their field.

New York Tax Lawyer: Going Overseas

To expand further on the business aspect of taxes, it can go even further by, well, going overseas. When dealing in business internationally, needing to consult New York tax lawyers is an even bigger deal.

Navigating the waters of foreign policy and keeping up healthy business relations can best be suited with the help of a qualified tax attorney. Without a doubt.

The phrase “the bigger they are, the harder they fall” couldn’t be more of a true statement. Obviously, the bigger the business, the harder the fall if everything’s not taken care of. Successful NY tax lawyers can do just that on the tax aspect of business.

New York Tax Lawyer: Hating the IRS?

Obviously the Internal Revenue Service has a bad rep, but the point is to know when an injustice is occurring, and, yes sometimes a good tax attorney will know for sure if the IRS is overstepping their boundaries.

Hence, lawsuits against the IRS are pretty common – when the situation warrants it, though. Taxes are a tricky situation. It would always be in the best interest of the American citizen to consult a good tax lawyer.

The same goes for the other side of the coin, too. Tax fraud.

If there’s an accusation on the horizon involving fraud, hiring a tax attorney can help protect against some serious consequences. People deserve to know their rights, know the law, and be represented for the sake of the law when it comes to any accusation of a crime, no matter how serious.

Which is why anyone would have to have….

Questions to Ask About the Prospective NY Lawyer

There are five important questions to ask an attorney when dealing with tax law:

• Are you admitted to the state bar?
• What do you specialize in?
• How much do you charge for your services?
• Would you be able to take my case?
• If you can’t, do you know another lawyer who can and will?

Of course, the last question is a crucial one if it turns out most of the previous questions show up as negatives for the particular situation.

Generally, though, finding a suitable New York lawyer isn’t a difficult task, as many firms carry that niche and represent it well. One has to keep these specific things in mind, though, when looking for a good lawyer –

First off, tax attorneys must have a Juris Doctor degree, also known as a J.D., and of course must be admitted to the state bar. Advanced training, too, would help tremendously in the decision to choose a particular lawyer. Generally speaking, a lawyer with an LL.M. degree (Master of Law) in Taxation would fare better in a court room than a lawyer with just a J.D.

New York Tax Lawyer: Once the Choice is Made….

Whatever the situation may be – be it a ‘taxable estate’ situation, starting a business, conducting international business, suing the IRS or facing tax fraud – the next step, obviously, is to let the lawyer work with the numbers provided by the client.

Hopefully, the skills of the attorney work out to present a favorable situation. Because, yes, taxes are a serious issue. Just listen to Benjamin Franklin:

In this world, nothing can be said to be certain, except death and taxes.

With a good tax lawyer knowing the key aspects of any case in tax law, that part of his quote’s taken care of. It’s the other part that everyone then worries about!