×

Tax Attorneys - When are they Necessary

( 40 votes, average: 4.2 out of 5)
What do you think about this article? Rate it using the stars above and let us know what you think in the comments below.
A tax attorney is a professional who has focused his work to be in taxes. This could include real estate tax, personal tax, corporation tax, luxury tax, foreign tax, employment tax, payroll tax, state tax, or federal tax. All these taxes fall onto the desk of a person holding a law degree with a concentration in tax classes or a master's degree in tax law. Tax Lawyers have certification or a license required to practice law and to practice tax in multiple states so an MBE (multi-state bar exam) is also obtained. The bottom line is, an attorney is trained to argue cases and a tax accountant is an accountant.

Tax law is a profession that requires an attorney who can understand the laws and how they can be used to help clients get the best bottom line for tax reporting. This means making decisions like the best state in which to open a corporation or the preferred business entity to select for a new store opening shop. To protect investors, should a business file as a corporation, S corporation or form a partnership? The attorney can stand by a client in audits to explain complicated rules that taxing agencies require for businesses and individuals. Audits for any tax are one of the key reasons tax attorneys are needed as a profession.
 
Interested in these kinds of jobs? Click here to find Tax jobs.

There is a need for an attorney when the taxpayer is facing stiff decisions for fraud or accused of using a tax law incorrectly for a purpose it might not have been intended. In many cases the tax attorney must show the intent of the law and its broader application. The broader application would be called a ''loophole''. The intent of the tax law might not be expressed, but the wording conveys the legitimacy of its use.

Compensation for a tax attorney can start as low as $60,000 in the lower paid regions of the US. However, after a few years of experience the salary can climb to $100K+. Here is a sample ad that you might see if an employer were looking for a Tax Attorney in the utilities industry:
Looking to hire a high end Tax Attorney with experience in project finance. The candidate must have tax structuring experience at both state and federal platforms. The employer  requests 3 or more year’s experience in energy utilities.
In conclusion, the practice of a tax attorney is an exciting branch of the law and is a very necessary profession. Tax law education is required in addition to the law degree and it is best to get some experience because tax is another special set of laws all to its own. The remuneration is considerable for the long hours and diligent time expended in research. The working environment might be in a law firm, government agency, a large corporation or even in real estate. The tax world is not likely to slow down for quite sometime because the government keeps putting out new laws, and clients are always looking for a tax break. Tax Attorneys will be there to show taxpayers their best way through the tax audits and court cases related to tax law.

See entry level tax attorney jobs on LawCrossing.


About Harrison Barnes
Harrison Barnes is the founder of LawCrossing and an internationally recognized expert in attorney search and placement. Harrison is extremely committed to and passionate about the profession of legal placement. Harrison’s writings about attorney careers and placement attract millions of reads each year. LawCrossing has been ranked on the Inc. 500 twice. For more information, please visit Harrison Barnes’ bio.

About LawCrossing
LawCrossing has received tens of thousands of attorneys jobs and has been the leading legal job board in the United States for almost two decades. LawCrossing helps attorneys dramatically improve their careers by locating every legal job opening in the market. Unlike other job sites, LawCrossing consolidates every job in the legal market and posts jobs regardless of whether or not an employer is paying. LawCrossing takes your legal career seriously and understands the legal profession. For more information, please visit www.LawCrossing.com.


Featured Testimonials

I used Law crossing website and I found the search options user-friendly, useful and easy.
Eleanor


Facts

LawCrossing Fact #216: LawCrossing is not supported by revenue from employers or recruiters.

 
Let's Do It!
Email:

Only LawCrossing consolidates every job it can find in the legal industry and puts all of the job listings it locates in one place.

  • We have more than 25 times as many legal jobs as any other job board.
  • We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites.
  • We collect jobs from more than 250,000 websites and post them on our site.
  • Increase your chances of being seen! Employers on public job boards get flooded with applications. Our private job boards ensure that only members can apply to our job postings.
About Harrison Barnes

Harrison is the founder of BCG Attorney Search and several companies in the legal employment space that collectively gets thousands of attorneys jobs each year. Harrison is widely considered the most successful recruiter in the United States and personally places multiple attorneys most weeks. His articles on legal search and placement are read by attorneys, law students and others millions of times per year.

Success Stories

I’ve used LawCrossing for years and I think it is terrific. The search features work very well and bring back extremely relevant results. I think it is exactly what it should be.
  • Karen Crupi Highlands Beach, FL