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How to Be a Tax Advocate

A career as a Tax Lawyer can be an intellectually challenging and rewarding path for someone who wants to use their analytical skills. The work involves advising clients about the tax consequences of a variety of business and investment transactions, assisting with tax-related litigation and helping to resolve disputes with the IRS or other taxing authorities. If you’re interested in becoming a Tax Lawyer, it can be helpful to find a law school with a strong program that includes extracurriculars like tax clinics and expert faculty who have experience in this area of the field.

You’ll want to pursue an undergraduate degree in a subject like accounting or business before applying to law school. Admission to top schools is highly competitive and requires an impressive grade point average. Once you’ve graduated from law school, you’ll need to earn your Juris Doctorate (JD) and pass your state bar exam to become licensed. Many tax attorneys go on to earn a Master of Laws in Taxation (LLM) for additional specialized preparation.

If you’re looking to hire a Tax Lawyer, it’s important to consider their reputation and previous case rulings. Ask for client testimonials or referrals and conduct background research online to learn more about their background and experiences. Also, be wary of any attorney who tries to sell you services upfront or charges a high retainer. These are red flags that you may be working with an inexperienced or unlicensed professional.

While the practice of Tax Lawyers Los Angeles is relatively niche, it can be a good choice for lawyers who enjoy the challenge of learning a complex and constantly changing set of laws. Tax attorneys need to be comfortable advising individuals and businesses about the tax consequences of a wide range of transactions, such as buying and selling stock, borrowing money, and forming new corporations or partnerships. The practice also involves advising clients about the tax-free treatment of charitable organizations and other nonprofit entities.

A good Tax Lawyer will be creative and understand how to structure a variety of business transactions in order to reduce their clients’ tax burdens. They will also be able to advise clients about reorganizations, mergers, and acquisitions and help them navigate the complex rules regarding the taxation of foreign investments.

They’ll be able to advise their clients about the tax treatment of a variety of financial products, including securities offerings, bank loans and financings, IPOs, and leveraged buyouts. They will also be able to assist clients with tax-free reorganizations and tax-free transfers of property between family members.

A tax lawyer can also be useful in resolving disputes with the IRS, such as audits, collection matters, and tax liens. They can help their clients resolve these issues through mediation, private settlement negotiations or litigation. A tax lawyer can provide their clients with the advantage of attorney-client privilege and can keep all conversations confidential. This can be especially important when dealing with sensitive issues such as child support, divorce, and bankruptcy.

Semper Tax Relief
131 W Green St Suite B,
Pasadena, CA 91105
(626) 263-2100

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