Fort Lauderdale Tax Preparation Attorney

Fort Lauderdale Tax Preparation Lawyer

If you have complex financial circumstances, a Fort Lauderdale tax preparation attorney is incredibly helpful when filing your taxes. Whether you file yearly, quarterly, or periodically, you can get experienced guidance and support from a dedicated attorney. This legal representation may allow you to settle your tax debt and avoid errors in your taxes that can lead to future penalties or audits.

The team at TaxSmith, LLC has spent more than a decade helping family, individual, and business taxpayers in Florida. We know how minor mistakes when filing your taxes can be very stressful, especially if they lead to more serious investigations. Our team can help you ease the stress of the process, avoid errors, and navigate your tax circumstances smoothly.

We help demystify taxes for people like you and provide straightforward legal advice. TaxSmith, LLC offers many tax legal services, and we can help you with state or federal tax issues. Our strategic and individualized tax advice helps you file with confidence.

How Tax Preparation Helps You When You Have Unpaid Taxes in Fort Lauderdale

If you have back taxes that you can’t pay, the help of a tax preparation attorney is invaluable. This is a unique situation that makes it much harder to properly file your taxes. Your attorney helps you pay back this liability or determine your options for settling the debt in other ways. They also help you avoid tax debt in the future with proper planning.

The Internal Revenue Service (IRS) assessed more than $7.8 billion in failure-to-pay penalties for income, estate, and trust taxes in 2024. Failure to pay can happen because of many emergencies or unexpected circumstances. Unfortunately, if you ignore the penalties or continue not paying your taxes, the penalties and their interest grow. Eventually, the IRS can take collection actions to seize money and other property to cover your debt.

With the help of an attorney, you can determine your options for managing a tax debt you can’t repay. The IRS has a Taxpayer Assistance Center Office near Fort Lauderdale at 1248 N. University Drive, and an attorney can help you negotiate tax debt with this office. The IRS has helped over 62 million taxpayers through multiple avenues, including these offices.

Who Else Benefits From a Tax Preparation Attorney

Working with a tax preparation attorney can have benefits for any taxpayer, as it can ease stress and limit the time spent on tax issues. However, many taxpayers have simple taxes, which makes legal guidance less necessary. There are certain situations where the support of a tax attorney is especially helpful, including:

• Taxpayers who own a home or rent their living space
• Those with children
• Individuals who are employers, own a business, or are self-employed
• Taxpayers with many sources of income
• Those who are disabled or collect disability benefits
• Taxpayers who collect unemployment benefits or other governmental benefits
• Individuals who are paying off their federal student loans
• Taxpayers who have international assets or investments
• Those who take numerous tax deductions on their taxes
• Individuals who have recently received an inheritance

With the help of a tax attorney, you can clearly document your complex tax circumstances to prove these unique circumstances to the IRS. This can help avoid issues and the potential for audits.

Hire a Tax Preparation Attorney

There are many benefits to preparing your taxes with a tax preparation attorney, such as:

• Ensuring you file your taxes on time, depending on your unique situation
• Determining a tax filing strategy with legal tax avoidance to limit what you must pay
• Helping you understand your tax obligations
• Gathering the relevant financial information
• Assessing your existing tax information to ensure compliance
• Creating a plan for your future tax payments
• Providing clear answers to any questions you have
• Limiting your stress when filing taxes
• Dealing with the IRS or the Florida Department of Revenue

The right attorney helps you successfully file your taxes and deal with any complex issues or conflicts that arise.

FAQs About Fort Lauderdale Tax Preparation Law

How Much Does a Tax Preparation Attorney Cost in Florida?

How much a tax preparation attorney costs in Florida relies on many factors, like their location, their experience, and your unique case. If you have incredibly complicated financial circumstances, this can make the cost higher. Tax preparation is often simpler and less costly than aspects of tax law like litigation. You should always discuss fees with an attorney during your initial consultation.

What Is the Difference Between a Tax Preparation Attorney and an Accountant?

The main difference between a tax preparation attorney and a certified public accountant (CPA) is that a tax attorney can give you legal advice. Both CPAs and tax preparation attorneys can help you gather important financial information, file your taxes, and deal with unique tax situations. Tax attorneys may be better equipped to help you with complex circumstances, such as when you have a lot of tax debt.

Is It Worth It to Hire a Tax Preparation Attorney?

It may be worth it to hire a tax preparation attorney, particularly if you have unique tax filing circumstances. This might include having tax debt you can’t repay, being self-employed, owning a business, owning a home, or getting income from multiple sources. A tax attorney can give you legal advice about these situations, explain how tax laws affect your specific situation, and may be able to help you pay less in taxes through legal avoidance.

Can a Tax Preparation Attorney Negotiate With the IRS?

A tax preparation attorney may be able to negotiate with the IRS if they are licensed to do so. You want an attorney with experience in negotiating and settling tax debt with the IRS specifically. Some attorneys may only work with the state tax agency or may only be able to give you legal advice about preparing your taxes. At TaxSmith, LLC, we can help with all these areas of tax law.

Contact Fort Lauderdale Tax Preparation Attorney

Errors in your taxes can lead to penalties, investigations, and audits. Navigating the legal system in resolving your tax lien can be extremely difficult. TaxSmith, LLC can give you the legal support you need. Contact our team today and let us put our knowledge and experience to work for you.