Having a tax issue is stressful. As a NJ tax lawyer, I've seen how difficult it can be firsthand. Whether it be an audit, collections, or trying to comply with complex codes and regulations, tax law is an overwhelming area to tackle alone. And as someone with a family who relies on you, or a business with employees who count on you, or both, there are many more important ways to spend your time than worrying about taxes.
Paladini Law is a New Jersey tax law firm focused on resolving issues with the IRS and New Jersey Division of Taxation quickly, efficiently, and with extraordinary results. In my experience as a tax lawyer in New Jersey, I’ve probably handled a situation like yours before, and I understand each solution is as unique as the individual.
I’ve helped taxpayers save their homes, businesses, and possessions by finding that unique solution. If having a tax problem is new to you, it’s not new to me. And if tax problems have been reoccurring for years, now is the time to put the past behind you.
As a NJ tax law firm, Paladini Law’s vision is to provide the highest quality tax advice in the most cost-effective and efficient manner for you, the client. Our goal is to provide the best customer experience possible by providing real-time updates on your case, secure communication portals so you can feel confident sending sensitive information, and by providing straightforward, actionable legal advice instead of the typical indirect, legal jargon prevalent in the legal field. We're looking forward to being your personal tax attorney.
As NJ tax lawyers, we’ve helped clients save millions of dollars in taxes. We've settled tax liabilities for fractions of the amount owed, negotiated reasonable payment plans, and convinced the IRS to remove massive penalties, including in cases involving civil tax fraud. If you're looking for tax relief lawyers, look no further.
We’ve also helped clients disclose interests in foreign assets and persuaded IRS attorneys to concede their cases. We’ve worked with hundreds of different IRS employees, including revenue agents (auditors), revenue officers (collectors), appeals officers, managers, and IRS counsel. By dealing with so many IRS employees, we know what works and what doesn’t.
For the most part, the IRS selects tax returns for audits in one of two ways: (1) random selection and computer screening; and (2) based on related tax returns. In most cases, if you are being audited, it is because the IRS has randomly chosen your tax return and then compared it against “norms” that it has developed based on a sample of tax returns. Alternatively, if someone whose tax returns are linked to yours are being audited, such as a business partner, you may be audited as well. IRS audits are either conducted via mail or through an in-person interview.
If you are notified that you are being audited, do not panic. The best way to deal with an audit is by working with a New Jersey IRS audit tax lawyer. Your attorney can help you develop a strategy to limit the number of items that the auditor examines as well as the number of years under audit. They can also help you organize your financial information to increase the likelihood of a favorable outcome.
While there are many advantages to using an accountant when preparing your taxes, if you have tax issues with the IRS or the state of New Jersey, there are significant advantages to being represented by a tax attorney instead of an accountant. First, your communications with a lawyer are protected by the attorney-client privilege. Although there is a limited federal accountant-client privilege, that privilege goes away if the IRS decides to bring criminal charges against you. In some cases, your accountant may even be called as a witness against you in a tax fraud case.
Second, tax attorneys have extensive training in federal and state tax law. This is critical given the complexity of American tax law. According to the National Taxpayer Advocate, there is an average of one change to the tax code every single day. A tax lawyer can analyze the tax code as well as the IRS attorneys’ interpretations of the law, court rulings on tax law, and various U.S. Treasury regulations. They can then provide you with specific legal advice based on your situation and applicable federal and state laws.
There are many reasons why you might want to retain a tax attorney. For some people, having a complicated tax situation -- such as foreign assets -- is enough of a reason to work with a law firm that specializes in tax issues. In other cases, you may need a tax lawyer if:
But how much is a tax attorney? Unfortunately, that's going to depend on the complexity of your situation. Whatever your situation may be, if you are experiencing a major tax problem, reach out to a New Jersey tax attorney as soon as possible. By being proactive, you may be able to avoid more serious consequences related to tax issues.
If you owe money to the IRS, then you may be able to reduce your tax debt. There are a number of options that a New Jersey tax attorney can explore with you based on your specific situation. This may include submitting an offer in compromise, appealing the amount owed, requesting innocent spouse relief, or even analyzing whether all or part of the tax debt falls outside of the tax debt collection statute of limitations.
In some cases, it may not be possible to have your tax debt reduced. If you cannot reduce your tax debt, then your tax lawyer can help you decide how to best handle the matter. You may be able to set up an installment agreement or payment plan, consolidate your tax debt, or use another method to tackle your tax debt. Contact one of our NJ tax lawyers to see what options are available for you.