taxes

3 tips on finding a tax attorney

If you're starting a business, have an especially complicated tax picture or the Internal Revenue Service is investigating you, it may be a good idea to hire a tax attorney. Here's how you can find the right professional for you.

Where to look

Start looking for a tax attorney by asking professionals you trust. Check with your banker, accountant or a lawyer you've worked with on another matter. If you can't get a referral, you can always check with the local bar association for specialists in your area.

Are they qualified?

At a minimum, a tax attorney must have a Juris Doctor, known as a J.D., and a license to practice. You can check both credentials with your state bar. However, many practitioners also have a Master of Laws in taxation, so it may be a good idea to look for a specialist with extra training. In some cases, it's possible to find a lawyer who is a certified public accountant as well, which may come in handy for certain types of issues.

Are they right for you?

Once you find a tax attorney you like, that doesn't mean you've found the right person to help with your particular case. Before you sign on as a client, it's important to ask if the lawyer has experience dealing with the issues you face. That might mean paying a consultation fee and explaining your situation in some detail. After that, the lawyer should be able to tell you if they have experience in this area. If they don't, it's a good idea to ask for a referral.

News alert Create a news alert for "taxes"

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
Tax breaks for life's big events
REFINANCE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed refi 3.82%  0.03 3.85%
15 year fixed refi 3.02% --0.00 3.02%
10 year fixed refi 3.12%  0.01 3.13%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.75%  0.01 4.76%
50K FICO-based HELOC 4.05%  0.01 4.04%
100K FICO-based HELOC 3.85% --0.00 3.85%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.92% --0.00 2.92%
48 month used car loan 2.79% --0.00 2.79%
60 month new car loan 3.05%  0.02 3.03%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 1.06%  0.00 1.06%
2 Year CD 1.17%  0.01 1.18%
5 Year CD 1.78%  0.02 1.80%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.88% --0.00 15.88%
Cash Back Cards 16.40%  0.03 16.43%
Low Interest Cards 11.03%  0.09 11.12%
 
Next
advertisement

Connect with us