The internet is full of do-it-yourself tax sites, all promising to get you the best refunds available. Investment sites promise the same thing for your stock trades and real estate purchases. Everything seems great until it is tax season, and you find yourself facing capital gains taxes or other expenses you did not know you would have after a good business year.
Despite the DIY nature of online business, if you have complex taxes or more than one property, it is a good idea to have a tax attorney help you file your income tax return. The attorneys at Whiteford Tax Defense can review your forms and explain what is and is not a legal deduction and what you can do to avoid penalties from the IRS.
Although most people fear the IRS, the IRS seldom prosecutes the average person for tax evasion. Most of the time, the IRS levies civil fines against individuals or businesses for failure to pay enough tax or for claiming a deduction that was not permitted.
A Richmond tax returns lawyer can help you avoid the mistakes that result in these fines and penalties. When you contact Whiteford Tax Defense, we will review your allowed deductions and help ensure you can claim these deductions. We will also make certain you have included all the supporting documents the IRS needs to verify your returns.
If you deliberately withhold your taxes, intending to defraud the government, you can be charged with a crime. Most people do not intentionally commit tax fraud. Instead, they make honest errors like:
A Richmond attorney can help ensure you have included all necessary IRS return documents. If you miss the filing deadline, you can request an extension, but there are deadlines for filing those as well. Whiteford Tax Defense will help you avoid excess penalties for honest mistakes. We can negotiate with the IRS if necessary to help keep the payments low.
Whether you are dealing with your annual tax returns or filing your quarterly employee payroll taxes, you must calculate everything correctly and include all the forms the IRS expects to see. However, as long as any mistakes are honest errors, the IRS will work with you and your attorney to keep any payments and penalties low.
At Whiteford Tax Defense, we help our clients deal with their tax returns in a timely manner. We work with the IRS to negotiate payment plans you can afford, so that penalties and interest stay within your ability to pay. Most cases can be resolved through paperwork and negotiation, without the need for litigation or audits.
When you need a Richmond IRS returns lawyer, call us to make an appointment today.