Sarasota Tax Preparation Attorney

Sarasota Tax Preparation Lawyer

Preparing and filing your taxes can be a stressful process, whether you file a yearly return, quarterly estimates, or periodic employer deposits. By working with a Sarasota tax preparation attorney, you can minimize the stress of this process, manage complex financial issues, and potentially lower the liability you owe the Internal Revenue Service (IRS). An IRS tax attorney in Sarasota, Florida, can also preemptively help you avoid mistakes that can lead to issues, fines, or even audits.

When you hire a tax preparation attorney, it is crucial that you work with a team that has experience, dedication, and a complete understanding of unique financial circumstances that impact taxpayers like you. At TaxSmith, LLC, our team has decades of collective experience in tax laws. We understand how frustrating and intimidating it can be to file your taxes, and we want to help demystify the process and help you navigate it effectively.

Filing tax returns and other documents is important to do correctly. The IRS collected more than $325 billion from taxes in Florida in 2024, including more than $301 billion from individual income, employment, and estate and trust income taxes. At TaxSmith, LLC, we want to help you limit the risk of disputes and penalties when you prepare and file your taxes.

Tax Preparation Support for Taxpayers With Unpaid Taxes

Not every taxpayer needs a legal professional to help them prepare their taxes. While any person can benefit from reduced stress from professional support, many individuals have tax circumstances that are simple to handle. However, there are many situations that add complications and make it incredibly beneficial to work with a tax preparation attorney. One of these situations is if you have unpaid back taxes and penalties you owe to the IRS.

Sudden emergencies and unexpected complications can lead to you falling behind on your taxes, and this liability only grows if it isn’t quickly addressed. The IRS assessed over 22 million Failure to Pay penalties for individual income taxes in 2024, amounting to more than $7.8 billion. If you continue to ignore an unpaid liability, it will only result in growing penalties and interest. If you cannot pay back the debt, it can leave you in a serious financial situation.

When you work with a tax preparation attorney, they can examine the debt you owe and your options for handling it. An attorney may suggest solutions such as:

• Penalty abatement
• Installment agreement
• Currently Not Collectible status
• Innocent Spouse Relief
• Offer in compromise

An attorney can help you settle your debt and also help you prepare your tax returns. This is important when you have recently resolved tax debt, because the IRS will conduct additional checks on your tax returns or other tax documents for a time to ensure you are paying.

There is an IRS Taxpayer Assistance Center Office in Sarasota, five miles from downtown. At this office, you can get additional support with your taxes. It is located on 5971 Cattleridge Boulevard. An experienced tax attorney can help you gather information and prepare for a meeting at this center, or may be able to represent you in negotiations.

What Other Taxpayers Benefit From Legal Preparation Support?

Besides those with existing or past tax debt, there are many other taxpayers who can benefit from professional tax preparation support from an attorney. This includes:

• Complex income: If you are self-employed, are an independent contractor, have several sources of income, recently received an inheritance, rent properties to others, or have other complicated methods of income, an attorney can help you keep track of these details and report them accurately.
• Public benefits: Receiving benefits such as disability, unemployment, or other state and federal benefits can complicate your finances.
• Tax deductions: If you have children, are disabled, own a home, are paying off federal student loans, or for any other reason are taking multiple tax deductions, an attorney can help you document your circumstances and lower the risk of issues.
• Business ownership: If you are a business owner or employer, an attorney can help with complex payroll taxes and other unique tax requirements.
• International stake: Having a stake in international investments or owning international investments complicates your taxes. It is helpful to work with a seasoned professional.

FAQs About Sarasota Tax Preparation Law

How Much Does a Tax Preparation Attorney Cost in Florida?

The cost of a tax preparation attorney in Florida varies based on the professional you work with. The average cost of a tax attorney in Florida is $389 per hour, but costs vary depending on the type of legal service you need, the complexity of your tax circumstances, the attorney’s experience, and the way the attorney charges. Preparing taxes will likely have significantly lower costs than a tax service that requires litigation.

Is It Worth It to Hire a Tax Preparation Lawyer?

It is often worth hiring a tax preparation lawyer, especially when you have a complex personal or financial situation that makes it difficult to accurately file your taxes. A tax preparation attorney can provide you with legal advice when filing your taxes and may be able to help you limit the amount you owe. If you have tax debt, are a business owner, own a home, or have multiple income sources, a tax preparation attorney can be beneficial.

What Kind of Lawyer Do I Need for Preparing My Taxes?

You need a tax preparation lawyer to obtain support in preparing your taxes. They will understand federal and state tax laws, how those laws change, as well as how they impact your unique situation. When you work with a tax preparation attorney, your tax return or other filed documents are less likely to involve errors or cause problems, and you may even save money on your tax liability.

Why Might You Seek the Help of a Tax Preparation Attorney Rather than a CPA?

A tax preparation attorney has the ability to give you legal advice, which a certified public accountant (CPA) cannot do. Both professionals are able to help you with your taxes, prepare tax documents, and navigate straightforward or complex tax circumstances. Generally, a CPA can help you with accounting and simple preparation, while an attorney can help with more complex circumstances and negotiation with the IRS.

Contact TaxSmith, LLC, Today – Sarasota Tax Preparation Lawyer

With the support of a skilled professional, you can manage your taxes more effectively and always be prepared ahead of time. Contact TaxSmith, LLC today.

Serving Sarasota and the Surrounding Southwest Florida Area

If you’re facing IRS tax problems, state tax issues, or need assistance with tax resolution in Sarasota or nearby communities, our experienced tax attorney is here to protect your rights and financial future. We understand the serious consequences of unresolved tax matters and the stress of dealing with tax liens, wage garnishments, audits, or collection notices.

Located in Sarasota, TaxSmith LLC is deeply familiar with both federal tax law and Florida state tax requirements. Attorney Angie Smith has successfully resolved thousands of tax cases throughout the region, offering strategic and personalized tax resolution services for individuals and businesses facing complex IRS and state tax challenges.

Whether you’ve just received a notice from the IRS, are facing an audit, or have years of unfiled tax returns, acting quickly with a Sarasota tax attorney who understands the intricacies of tax law can make all the difference in achieving the best possible outcome for your situation.