We counsel and assist lawyers with government troubles, which includes government liabilities, missing IRS tax forms, audits, penalties, and related matters.
Regrettably, lawyers are inclined to have late filed or missing tax returns. This is likely due to the special aspects of the work lawyers perform. Lawyers often work long and irregular hours. This keeps them from taking care of IRS problems, which includes timely filing IRS tax forms.
Lawyers are also more likely to have unsatisfied tax liabilities. This is also due to the special aspects of the work lawyers perform. It is also due to the type of accomplishments and training that lawyers have. Lawyers are resourceful and willing to fully consider issues before making decisions. This may result in inaction when it comes to resolving unsatisfied tax liabilities. Other lawyers face the opposite problem, namely, they do not make a decision until the last minute.
Lawyers are also likely to be pulled for audit by the IRS. The IRS generally views lawyers as being more likely to have significant tax problems. These significant tax problems also stem from the special aspects of the work lawyers perform and their skills and training, but also from their tendency to prepare their own IRS tax forms or rely on lower-end tax preparers.
From a tax standpoint, right or wrong, lawyers are defined by missing or late filed IRS tax forms, unsatisfied tax liabilities, and government audits. There are a number of court cases and administrative rulings that demonstrate this. If you are a lawyer, we can help you avoid or manage these issues.
We help lawyers with missing or late filed IRS tax forms, unsatisfied tax liabilities, and government audits. We would like to hear from you if you are a lawyer and have one of these issues or are likely to have one of these issues in the future.
Please contact us to discuss your options today.