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Tax law includes the rules, policies and laws that oversee the tax process, which involves charges on estates, transactions, property and income by a particular government. A tax lawyer specializes in legal matters related to taxations of a country. Tax lawyers help clients with planning and filing taxes, as well as help defend them in any tax-related litigation.

What Does a Tax Lawyer Do?

Tax lawyers help individuals and organizations resolve federal, state, local and international tax issues. They help their clients understand how the laws governing taxation affect them and help them comply with those laws. They monitor legislative developments and advise clients with respect to the potential impact of breach in complying on their businesses and their personal finances. They may offer legal taxation services in all areas or choose to specialize in one. For example, a property tax lawyer deals only with issues related to taxes levied on properties. On the other hand, an international tax lawyer represents clients that have been subjected to tax laws in a country other than their own. A tax lawyer could also be a tax dispute resolution expert, who solves taxation related issues using arbitration and mediation, while preventing it from escalating.

Tax lawyers are usually associated with law firms, business corporations and government and non-government organizations. They may also be hired by individuals to meet their taxation duties and can be found on Guru – the best website to hire freelancers.

If you wish to hire a tax lawyer, make sure your freelancer can:

  • Evaluate and assess complicated tax issues.

  • Research and analyze domestic and international laws.

  • Understand finance and accounting principles.

  • Communicate and negotiate with all parties involved.

  • Represent client interests in court, if needed.

  • Undertake tax basis calculations and research the facts in an organized manner.

  • Administer business transactions and design all tax planning projects.

Qualifications of Tax Lawyers

It is ideal for your freelancer to have the following skills:

  • A valid law degree and license to practice law

  • Advanced knowledge or background in accounting

  • Legal and factual research skills

  • Knowledge about the taxation laws and procedures of the given location

  • Strong written and oral communication skills

  • Ability to exercise discretion

Benefits of Tax Lawyers

Taxation laws keep changing and tax lawyers keep themselves updated with these laws. They keep a check on the accounting books of the firm, making sure that all legal tax obligations are met within the stipulated time. They take the necessary measures to protect their client’s income and assets and safeguard their finances.

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