Every citizen in a particular country is obligated to pay taxes in a number of ways including through buying products and even selling them. It is everyone’s duty to contribute towards developing their country and through payment of taxes, they are able to fulfill their responsibilities. Whether you own a small or a big business you are obliged to pay taxes so that you may not fall into the wrong hands of the revenue authority in your country. Although an accountant or a lawyer may be of great help to you when it comes to how you are going to pay taxes or the amount of taxes you need to pay, however, you will need the help of a lawyer more than of the accountant as they understand some things that an accountant may not. In case you have not sought the services of a tax attorney, it is time you hired one.
Getting a tax audit could at times be a nightmare to you as a business person as it keeps you worried about paying more taxes or even paying for penalties because of an oversight of your returns. You need to approach tax auditing with caution because at times you might go to a court for a civil case since a tax auditing is a legal bind between audited taxpayers and the agency. You need to hire a lawyer who will represent you in court cases because while in court, even the auditors will have lawyers representing them.
Often, tax revenue agencies will file cases against those people intentionally avoiding taxes or are trying to defraud the government. The consequences of evading taxes and defrauding the government would lead to a steep penalty or even lead to extensive jail terms. In the event that you are arrested, get yourself a lawyer who will find out about the criminal charges being filed against you, and represent you at the court so that you may get your punishment reduced significantly.
Also, when you hire a tax lawyer you will be able to get educated about tax law. Through hiring a tax attorney, they will educate you about tax laws and give you details about the tax law field. Your lawyer will give you an opportunity to ask them any questions regarding the tax law field and anything you do not understand and is required of you by the government and the revenue collecting agencies. Due to the complexity in the tax law field and all the benefits that come with hiring a tax lawyer, you need to get yourself one.