Organizations of any size can benefit from the help of a Richmond business tax lawyer. Whether your company is a tiny start-up in the garage or a prestigious Fortune 500 company, it must file income taxes correctly and on time every year.
The seasoned tax attorneys at Whiteford Tax Defense are here to help. We can ensure that your business gets the best results through filings and audits and protect it throughout this time of scrutiny. We have helped many organizations like yours and are ready to assist you through these tedious and stressful processes.
Many small businesses in Richmind need to hire a business tax attorney when the IRS contacts them regarding a tax dispute for one or more tax years. Larger organizations tend to keep an attorney on retainer at all times to assist with correct filings, offshore funds reporting, cryptocurrency investment reporting, and more.
A skilled Richmond business tax lawyer can help you:
While many individuals feel nervous about their tax situation, especially when an audit is coming quickly, they must understand that most conversations with an attorney are completely confidential.
The notion of attorney-client privilege exists to protect both legal counsel and their clients. In short, most conversations, phone calls, emails, and written communications a company has with its business tax lawyer in Richmond are protected and confidential.
Furthermore, the Rules of Professional Conduct put forth by the Virginia State Bar also reinforce the confidentiality of this relationship. Business owners can rest easy knowing their financial situation and investing behaviors will be kept confidential. The only exceptions to attorney-client privilege arise when a client waives this privilege or is involved in certain fraudulent crimes.
Most organizations seeking legal counsel for business tax matters have not intentionally committed major fraud. They are more likely to have triggered an IRS audit when filing their tax return. They may not know what to expect during the audit process and may struggle to prepare for an upcoming audit.
The US Internal Revenue Service (IRS) collects income taxes from individuals and organizations of all sizes. To prepare for an IRS audit, collect all pertinent documents. Important documents include but are not limited to:
Thankfully, technology has made it easy for most businesses to pass an audit with the help of a skilled Richmond lawyer.
Whiteford Tax Defense is ready to help you through any IRS audit, no matter how daunting. Our diligence, attention to detail, and compassionate attitude will help you prevail in any IRS audit situation. A seasoned Richmond business tax lawyer will be assigned to your case and will proudly represent businesses of any size, from small, solely-owned proprietorships to international corporations with complex tax issues. Contact us today to book your first consultation with an attorney.