Why consult a lawyer for tax issues?
Some individuals may wonder why they should go to a lawyer for their tax preparation needs, rather than to a certified public accountant (CPA). The answer is simple: CPAs are not trained to be advocates. A CPA’s training is to fairly present financial statements to third parties and so they tend to focus is on the computational and financial aspects of a tax return, rather than on the larger issues of tax laws.
Using their understanding of the tax codes, tax lawyers look at the details of a return but also beyond its minutiae to see the bigger picture. With this understanding, a lawyer who specializes in tax law is able to craft creative strategies based on an individual’s particular circumstances and needs.
Moreover, unlike a CPA, a tax lawyer can be likely to take more aggressive positions and defend them so as to best protect your assets because they are trained to be advocates.
Why consult Eric Rothenberg as your tax lawyer?
Eric Rothenberg, Esq., is one of the highest-ranking tax lawyers practicing in the United States today. Other attorneys who specialize in taxes, and even CPAs, consult with him about particularly difficult returns or audits. He can expertly navigate the Massachusetts Appellate Tax Board, the U.S. District Court, and the U.S. Tax Court.
Mr. Rothenberg’s particular expertise is in the following areas: complex tax returns, cryptocurrency tax returns, tax and estate planning for persons of significant assets and means, audits, and IRS tax controversies.
His past work has also involved:
- Corporate taxes
- Partnerships and joint ventures
- Trusts
- Tax-advantaged investments
- Tax return preparation
- Tax-free exchanges
- International tax issues
- Nonprofits
Complex Tax Returns
For individuals and families with complex income tax returns, it is especially crucial to visit a tax lawyer, rather than just a CPA. As mentioned above, accountants may not have a command of up-to-the-minute changes to the state and federal tax codes that a tax lawyer does. A tax lawyer, also, is able to advance an argument to tax courts on your behalf that a CPA cannot. Paying for a tax lawyer is a smart investment that can significantly reduce what you owe, as opposed to choosing the services of a CPA “to save money” and consequently paying more in taxes than necessary.
Tax Planning
In looking towards the end of life, everyone wants to leave the most they are able to their children and family, or otherwise provide for their future security. For persons who had complex tax returns and considerable means, a tax lawyer can help streamline the process of tax planning to protect your assets and, more importantly, those who mean most to you. Whether you want to leave a bequest to an organization or cause you supported in life, or whether you want to provide for your grandchildren’s future by a tax-exempt college fund, Eric Rothenberg can help you.
Audits and IRS Controversies
Mr. Rothenberg is well-versed in the federal and Massachusetts tax codes and familiar with the workings of federal and state tax courts. For taxpayers facing audit or dealing with another IRS controversy, especially taxpayers with complex returns or considerable means, Eric Rothenberg works to minimize your liability and resolve these hassles as quickly as possible.
