subject: Finding The Right Person For The Job: Cpa Vs. Tax Attorney [print this page] When it comes to taxes, many people are often confused about who they should be turning to for advice and help. There are notable differences between a CPA (certified public accountant) and a tax attorney. Both have their specialties and there are specific times when you should use one over the other. Before you can make a decision, you need to know what each can do and decipher what type of services you need them for.
If it's about that time for taxes and you need help with tax preparations, look to a CPA or a tax preparer. Although a tax attorney is more than capable of handling your taxes, it will be often be more expensive and not all attorneys offer this service. Instead, they spend most of their time simply handling the legal side of taxes. A CPA can guide you through filings, answering any and all questions you have about doing your tax return. No matter how complex your taxes might seem, they can provide ample service and guidance.
Tax attorneys specialize in tax law. Look to them when you need legal advice. They have gone to law school and can represent you in court, should it come to that. When the IRS comes knocking on your door, or rather sending you tons of letters, tax attorneys have the knowledge of all tax codes and laws. They can guide you through any and all negotiations with the IRS. Even though an accountant has a working knowledge of the tax laws, he cannot legally represent you. It's obviously better to have a lawyer in these cases. Furthermore, you also have the benefit of attorney-client privilege, which means anything you tell the lawyer will be kept confidential.
If you do not need to go to court but you are still dealing with tax debt relief, you can request the services of either an accountant or a lawyer. Both can negotiate tax resolutions. However, keep in mind that things might become a little tumultuous and it may be better to have an attorney on your side if your tax issues continue to escalate. It's also good to have an attorney who can speak to the IRS on your behalf.
People looking for basic money management services can turn to a CPA. They are not just there for tax returns. They can help you with your financial endeavors and prepare you for next year's tax season.
