How Can I Get Help with My Tax Problems?

Getting help with tax problems is not as difficult as you may think. While you can research your problem online to try to handle it yourself, it is usually best to turn to a professional unless your issue is relatively minor. Several types of professionals may be able to assist you, including tax preparers, accountants, Certified Public Accountants (CPAs), tax lawyers, and the Internal Revenue Service (IRS) staff. Which one of these is best for you depends on the nature and complexity of your tax issues and the amount you owe. Here are a few general guidelines based on your tax problem:

Need Help Preparing Your Tax Return

If you’re unsure how to complete your tax return or have questions about deductions and credits, tax preparers, accountants, and CPAs can provide invaluable assistance. Tax preparers specialize in preparing tax returns accurately, efficiently, and in compliance with tax laws. However, if your finances are more complicated, such as if you have a business or multiple sources of income or significant investments, you may want to consider turning to an accountant.

Accountants possess comprehensive knowledge of financial matters and can assist with tax return preparation as well as bookkeeping and tax planning. They can analyze your situation and help devise beneficial tax strategies to save you money.

CPAs, with their advanced qualifications and expertise, offer specialized assistance with complex tax situations. They can prepare intricate tax returns and determine how to maximize deductions and credits. They also provide comprehensive tax planning services as noted below.

You can also contact the IRS or visit their website for help with your tax return.

Want Tax Planning Advice to Save Money on Taxes

For advice on tax planning and strategies to reduce your taxes, typically, you would go to an accountant or CPA. They can analyze your financial situation, identify potential tax-saving opportunities, and devise personalized tax plans. These professionals are required to stay updated on tax laws and regulations, ensuring they provide the most effective advice for minimizing your tax liabilities.

Tax lawyers similarly provide strategic tax planning guidance and can also prepare legal documents to help ensure you implement the strategies correctly, including with respect to estate planning, charitable giving, business transactions, and other areas.

Looking for Assistance with Business Tax Matters

If you own a business, it’s essential to consult a tax professional with expertise in business taxation. Accountants, CPAs, and tax lawyers specializing in business taxation can assist with tax planning, compliance, and structuring your business in the most tax-efficient manner. They can help you navigate complex business tax laws and maximize deductions and credits available to your business.

Facing an Audit, Collection Action, or Dispute over Taxes

If the IRS or state tax department is claiming you owe money, tax lawyers and CPAs are best suited to assist you. Tax lawyers possess in-depth legal knowledge and can provide strategic advice, represent you before the IRS or tax court, and negotiate settlements. They can navigate the complex legal aspects of tax disputes, advocating for your rights and pursuing a fair resolution.

CPAs specializing in tax controversy and dispute resolution can also be valuable allies during audits or disputes. They can represent you, respond to IRS inquiries, and provide guidance throughout the process.

Need Answers to Basic Tax Questions or Want to Know How to Handle a Tax Problem on Your Own

The IRS offers extensive resources and assistance to taxpayers. The agency’s website provides publications, forms, and online tools to help with tax-related questions and issues. Taxpayer assistance centers and helplines are available to provide guidance and answer specific queries. However, for complex tax problems, it’s advisable to seek professional assistance from the aforementioned experts.

Conclusion

Getting the right help for your specific tax problem is essential to resolving your tax dispute successfully. Whether you choose a tax preparer, accountant, CPA, or tax lawyer, remember to research and choose reputable professionals with the qualifications and experience relevant to your specific tax issue.

If you owe back taxes or have been notified of an audit or collection action, contact us for a consultation. Our firm has been successfully representing taxpayers before the IRS and NYS tax department for over 27 years.