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Reasons to Choose a Professional Tax Lawyer
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Posted On :
Dec-11-2017
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Article Word Count :
396
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You can take care of your own taxes. But there are times you would have to face a complex tax condition and don’t want to deal with the ATO alone.
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You can take care of your own taxes. But there are times you would have to face a complex tax condition and don’t want to deal with the ATO alone. Though both tax accountants and lawyers can help you get through tax-related issues, there is a vast difference between them both. A tax accountant supports you in managing numbers while a tax lawyer in Perth helps you out with the complex and confusing tax laws. Here are the situations when you need a tax lawyer in Perth WA by your side,
- Estate management
If you could be leaving a taxable estate after your death, hiring a tax lawyer makes sense. If the total value of your estate goes beyond a particular amount, your heirs must pay a sizeable part of their inheritance as an estate tax. In Perth tax lawyers help you devise plans to keep your estate stay within the exemption threshold so that your children don’t have to lose a lump sum of amount when they inherit your estate.
- Audits
Receiving a tax audit notice is not a pleasant thing. Going to a tax audit without a tax attorney by your side is similar to facing a court trial without having anyone to represent you. A tax lawyer can make the audit hassle-free and minimize the risk of penalties.
- Criminal accusation
If the ATO suspects that you are purposely hiding money from government, they may pursue criminal charges. The penalty of such cases is extreme including jail sentence. If you want to suppress the punishments as much as possible, hire a tax attorney quickly when you come to know that you are charged with tax evasion.
- Relationship
You cannot risk jeopardizing your relationship with the ATO at any cost. If you think you lack the required set of oratory skills, it is best to get the help of a tax lawyer to maintain a successful communication.
- Neglected tax returns
If you have missed filing your tax returns, you might need a tax lawyer to mitigate the process of paying and filing those neglect returns.
Rather than getting the help of an attorney when you are facing a tax problem, it is better to consult with them beforehand to avoid any issues altogether.
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Article Source :
http://www.articleseen.com/Article_Reasons to Choose a Professional Tax Lawyer_321091.aspx
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Author Resource :
The author is a retired Australian Taxation officer. He has written various articles about tax returns, audits and tax lawyer. He recommends Munro Diog Lawyers for hiring a tax attorney in Perth. To know more, visit https://www.munrodoig.com.au/
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Keywords :
tax lawyer in Perth, tax lawyer in Perth WA, Perth tax lawyers, tax lawyer, tax attorney in Perth,
Category :
Business
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Business
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