Need Information About Tax Law? Total Lawyers is Here to Help!
Many people think of tax law in terms of filing their annual 1040.
However, tax law is so much more than the yearly task of filing your completed tax returns.
Tax law can also involve:
- Setting up retirement accounts
- Planning estates and
- Allocating charitable gifts
All of these activities involve tax considerations that must be handled.
Tax law will also impact your finances on a local, state, and federal level. For instance, if you are self-employed, you will need to know how to plan and calculate your self-employment tax payments.
If you have other employees in your business, then you will need to understand how to withhold taxes and the employer contribution. A tax lawyer can assist you with this process and help you gain an understanding about the process.
A tax lawyer can also help you settle taxpayer debt.