How a Tax Attorney Can Help You Save Money

There are a number of tax attorneys in Tennessee that can assist you. These attorneys can handle various matters, including helping you understand your tax obligations and filings, as well as representing you in a tax dispute. Some attorneys specialize in a specific area of tax law, such as income, estate, or gift taxes. Others offer more comprehensive services, such as helping you develop strategies to minimize your tax liability. Choosing the right tax attorney is important, as they will be able to help you avoid costly mistakes that can happen when you are not familiar with the intricacies of the tax code.

The Internal Revenue Service (IRS) is responsible for enforcing federal tax laws and collecting revenue. It has a broad range of duties, including providing customer service and taxpayer education, auditing returns and investigations, determining the qualifications of pension plans and exempt organizations, and preparing and issuing rulings and regulations to interpret the Internal Revenue Code. The IRS also collects delinquent taxes and issues levies on certain goods and services.

If you are facing a tax dispute with the IRS or Tennessee Department of Revenue, you need a knowledgeable tax attorney. A lawyer can help you with various issues, including resolving tax disputes and dealing with tax fraud or evasion allegations. They can also handle estate planning, business taxation, and specialized situations, such as tax credits or exemptions.

A Nashville tax attorney can help with a variety of situations, including IRS audits and investigations, property taxes, international taxation, and trust and estate planning. They can also advise you on the best way to minimize your tax liabilities, including utilizing deductions and tax-sheltered accounts. They may also have experience handling tax litigation or bankruptcy.

Music City Tax is a firm in Nashville that helps individuals and small businesses with tax issues. Its principal has appeared on a number of television shows, such as CBS’ 60 Minutes and Fox’s Dollars & Common Sense. They can help you file a power of attorney for tax purposes, which is a legal document that delegates to someone else the authority to handle your tax filings and inquiries.

Represented a client who was investigated for the assessment of a Trust Fund Recovery Penalty for unpaid payroll taxes. The penalty was reversed.

Represented a taxpayer in an IRS audit of three years of federal income tax returns. The IRS assessment of additional sales and use tax was reduced by $126,046.