Leading New York Tax Attorney Steven Goldburd Reveals 5 Things A Tax Lawyer Can Do That You Can’t – Manhattan, NY

Tax attorney Steven Goldburd, partner at Goldburd McCone in Manhattan, NY, outlines the main things that a tax lawyer can do to avoid common DIY tax mistakes. For more information please visit www.goldburdmccone.com

Manhattan, NY, United Kingdom – August 26, 2019 /MM-REB/ —

In a recent interview, leading tax attorney Steven Goldburd, partner at Goldburd McCone in Manhattan, NY, revealed 5 things that a tax lawyer can do that the man in the street can’t.

For more information please visit https://www.goldburdmccone.com

When asked to elaborate, Goldburd said, “With technology making filing taxes more straightforward than ever before for millions of Americans, many people are unaware of just how complicated the tax code in the US is. Because of this, tax professionals – particularly tax attorneys – are extremely helpful in a number of situations.”

Here are five additional ways a tax lawyer can help out.

Tax attorneys can respond on your behalf to collection and audit notices from the IRS.

“If a tax agent or officer comes knocking on your door, the best thing to do is to obtain counsel and not speak to them. Be very polite, but do not discuss your tax issue or return with them without representation. Generally, individuals who are not well versed in tax law become overwhelmed when handling whatever the IRS throws their way. This includes notices, interviews etc.” he said.

“It’s important to hire a qualified professional early on to see if the IRS made an error in determining the amount of your tax debt. If an attorney can pinpoint this, then they can then advocate on your behalf,” he added.

A tax expert can further help determine your business tax structure.

When asked to elaborate, Goldburd explained, “There are many factors to take into account when starting a business, buying a new business or investing in the same. A tax attorney can help figure out the optimal structure plan, which entity(s) to use and how, as well as how your funds should best be utilized. It is best to start with a tax attorney before starting up a business or investment as unraveling the wrong plan is more costly and complicated then starting fresh.”

Another thing a tax attorney can do is to help prevent people from going to jail for tax-related reasons.

“The IRS can turn a simple error on a tax return into a criminal action, especially if that error is a recurring one. If the IRS catches on to this and accuses you of a tax-related crime, a tax attorney can help prove that you made an honest mistake and weren’t trying to game the system” he explained.

A tax attorney can also help to minimize future tax liability.

“Because the tax landscape is so convoluted, a tax expert is one of the only professionals who can advise on which deductions to take or on other ways to reduce your tax liability to the government.”

Source: http://RecommendedExperts.biz

Contact Info:
Name: Steven Goldburd
Email: Send Email
Organization: Goldburd McCone LLP
Address: 42 W 38th St #901, New York, NY 10018, USA
Phone: 212-302-9400
Website: https://www.goldburdmccone.com

Source: MM-REB

Release ID: 88908383