Filing your taxes accurately and on time has never been more important. In 2023, most taxpayers who have already filed their returns are finding that the average refund is down by over 11% from 2022. With that in mind, you need to be extra vigilant and make sure that you dot all your I’s and cross all your t’s as you file your returns this year.
One of the best ways to ensure you’re completely compliant and making wise tax choices is to hire a Salt Lake City tax attorney and CPA in one. Learn more about how these tax professionals can help you below.
How You Benefit from Working with a Salt Lake City Tax Attorney and CPA
There are some specific benefits to hiring a dual-certified Salt Lake City tax attorney and CPA in one. If you need the help of a tax expert and you want to make sure that nothing gets overlooked, then these are the types of professionals you’ll want to hire. Below, we’ll go over some of the best benefits of working with a two-in-one tax attorney and CPA in Salt Lake City.
Representation During IRS Audits
One of the biggest advantages of hiring a tax professional is that you’ll have solid representation during any potential IRS audits. Audits can be stressful, but they don’t have to be if you have the help of a tax professional.
International Tax Representation in Salt Lake City
If your tax situation involves any international matters, then you’ll want to lean on the expertise of a tax expert. This is especially true if you made several international transactions, you own foreign investments, or you regularly make transactions in foreign bank accounts.
Every tax situation is unique, so your tax issue might be complex and confusing. For additional representation in any tax matter, it’s best to hire a dually certified tax attorney and CPA to help.
Why You Should Hire a Salt Lake City Tax Attorney and CPA in One
When you hire a tax expert who is dual-certified as a tax attorney and a CPA, you get to enjoy the advantages of both professions. Not only can you rest assured knowing that you’re remaining fully compliant with the law in all your tax decisions, but you can also be confident that the tax choices you’re making are in your best financial interests, too.
Here at Tax Group Center, we can help you connect with the exact type of tax expert you need to help you.
Are you still unsure about whether you really need the help of a dual-certified tax expert? Do you have more questions about how the whole process works or how to locate the right tax expert for your needs? Get answers to some of the most commonly asked questions below.
What is the Difference Between a Salt Lake City Tax Attorney and a CPA?
At initial glance, the services provided by both a tax attorney and CPA can seem similar. After all, they both provide solid tax advice that you can rely on. So, what’s the big difference between the two? In a nutshell, a Salt Lake City tax attorney has been to law school, and they’re certified to practice law in the state. As such, they know exactly how to utilize tax laws and codes to provide the maximum benefit to their clients. As a result of the nature of a lawyer’s work, clients will also get to experience a client-attorney privilege with an attorney they hire. That means the lawyer can’t testify against you in court if any problems arise later. You can feel confident that everything you discuss with an attorney will stay private.
A CPA, on the other hand, can provide solid tax advice when it comes to your specific financial situation. Their primary focus is maximizing your financial benefits when it comes to filing and preparing for tax season.
When is it Best to Hire a Tax Attorney in Salt Lake City?
Since lawyers are adept at legal matters, it’s best to rely on their services in specific situations. For instance, a lawyer’s expertise is preferred in the following situations:
- The IRS isn’t responding to your requests for communication
- The IRS is threatening legal action against you
- You’re attempting to file an estate tax return
- You own a taxable estate
- You want to itemize your deductions without accepting a standard deduction
What Do I Look for in a Salt Lake City Tax Attorney and CPA?
If you decided that you’d be best served by hiring a dual-certified tax attorney and CPA in Salt Lake City, then you’ll want to look for one with the right experience, past results, and positive case reviews. Here at Tax Group Center, we can help you connect with the right tax professional for the job. Contact us now to get started.