The Internal Revenue Service (IRS) is the government agency responsible for administering and enforcing tax laws in the United States. The IRS collects taxes, including income, estate, gift, excise, and trust taxes; determines pension plan eligibility and exemptions; and issues rulings and regulations that interpret the Internal Revenue Code. A Nashville tax attorney can help individuals and businesses understand their legal rights when dealing with the IRS. A qualified tax lawyer can also assist with IRS collection cases and wage garnishment issues.
Tax law impacts many elements of our daily lives, from business decisions and how to structure a new company to personal estate planning and preserving assets. Because of this, it is crucial that you have a skilled tax lawyer to guide you through all of your legal concerns and disputes. A good tax attorney can help you avoid expensive mistakes and ensure that your legal rights are protected.
The best way to find a reputable Tax Attorney in Tennessee is to conduct a thorough online search and compare your options. Use FindLaw’s Lawyer Directory to narrow your search and review a variety of profiles for local lawyers who specialize in tax law. Once you have a shortlist of potential candidates, contact each to schedule an initial consultation. During this time, you can explain your case to the attorney, ask questions, and evaluate the lawyer’s experience and communication style.
What to Look For in a Tax Lawyer
A qualified tax attorney in Nashville should have extensive knowledge of state and federal tax law, including the ability to prepare accurate tax returns. In addition, they should be able to negotiate with the IRS and the Tennessee Department of Revenue on behalf of clients. They should also be well versed in a variety of tax disputes, including audits, installment agreements, and offers in compromise.
An experienced Nashville tax lawyer can also provide advice on minimizing taxes through various strategies, such as SDIRA alternative investment opportunity divestments and 1031 exchanges. They can also advise clients on corporate transactions, organizational strategic planning, and mergers and acquisitions. Additionally, they can assist with the preparation of complex financial documents such as trusts and wills.
Tax litigation is a complex area of law, and it is important to hire a Nashville tax lawyer with the right credentials and experience to handle your case. An attorney should be a member of the National Association of Tax Professionals and have a background in tax law or accounting. They should also be licensed to practice before the IRS and the state of Tennessee.
Charles Frazier is an experienced tax attorney that assists entrepreneurs and small business owners with a wide range of legal matters. His practice encompasses IRS and Tennessee Department of Revenue tax disputes, audits, installment agreements, innocent spouse relief, and trust fund recovery penalty. In addition, he has a strong background in estate planning, and can help clients reduce their tax obligations by creating tax-efficient estate plans.