Tax attorneys guide and defend corporations and individuals through IRS tax civil and criminal investigations and possess a strong understanding of white-collar crime, finance, corporate law, and tax law.
Tax attorneys are an important resource to their corporate clients by staying current on both pending and current corporate and white-collar criminal laws that might impact their client’s interests.
Tax Attorney Specialists
Extensive Educational Training
The tax attorney specialist is an exceptionally trained professional who earned a Juris Doctorate, passed their respective state bar licensing exam, then earned a master’s degree (LLM) in tax law.
Must Know State and Federal Tax Law
Tax Lawyers guide their clients through the intricacies of state and federal tax codes. They primarily represent clients in high-stakes civil and criminal tax disputes.
Protects Client’s Civil and Criminal Tax Exposure
Tax lawyers are fierce advocates on their client’s behalf and operate with a single objective to minimize their client’s legal tax exposure. This can include areas such as capital gains, estate taxes, income tax, and property tax.
Corporate Mergers and Acquisitions
Tax Lawyers are also known for consulting on corporate tax implications involving corporate mergers and acquisitions, including moving a private company to a public one. They minimize transactional taxes through the formation and structuring of holding companies. They also formulate tax strategies for transactions involving international investments.
Consults With Corporate White Collar Crime Attorneys
When the IRS Criminal Division and the Department of Justice join forces in extensive criminal investigations into alleged corporate tax fraud schemes, including the establishment of alleged tax shelters and unreported foreign assets and account transactions.
The criminal targets of such investigations retain the services of high-level corporate and international tax attorneys who sometimes work closely with white-collar criminal defense lawyers in defense of their client investors and corporations.
Tax lawyers also consult with white-collar crime attorneys in the joint defense of clients who have been criminally charged with tax evasion and fraud.
Corporate Inhouse Counsel
Tax Lawyers often serve as corporate in-house counsel or work in large law firms with their own business and tax practice groups. Tax Lawyers consult with in-house counsel of large corporations on an as-need basis, or they may have their own practice specializing in representing clients facing audits or legal proceedings.
Long-Term Corporate Tax Strategy
While Tax lawyers are undoubtedly qualified to prepare complex tax returns for their clients and are often retained by big corporations to assist them in providing long-term tax strategies.
Role As Expert Witness
Finally, Tax Lawyers are often retained as expert witnesses in civil and criminal cases by the plaintiff or defense counsel to provide expert opinions concerning tax and accounting malpractice cases.
