How to Choose a Small Business Tax Lawyer

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By StacyP
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Find a Tax Lawyer

Owning a small business doesn't have to mean a "you against the world" mentality. And this goes double for tax preparation. Having a tax lawyer offers peace of mind regarding everyday tax preparation. A good tax lawyer will also be able to successfully guide your small business out of any legal hiccups that may occur. (Talk about something being worth its weight in gold!) Here's what you need to know about choosing a tax lawyer.

Difficulty: Moderate

Instructions

Step 1

PROFESSIONALISM: The tax lawyer you choose should have a fair amount of experience in tax preparation and related legal services. This tax lawyer should also have the required educational qualifications (and then some). Your small business-your livelihood-doesn't need to be in the hands of a newbie tax lawyer looking to get his or her feet wet. (See the Resources area for help with locating tax lawyers in your area.)
Step 2

ETHICS: You worked hard to get your small business up and running, so don't blow it by hiring an unscrupulous tax lawyer. If you choose a lawyer who expresses any sort of willingness to behave unethically, you're just asking for trouble with the IRS.
Step 3

CONNECTION: Compatibility with your tax lawyer means a smoother business relationship. Choosing a lawyer who you get along with is advisable.
Step 4

COST: Granted, this shouldn't be your sole reason for choosing a particular tax lawyer, but cost is a factor for most small business owners and is something to consider. Finding a tax lawyer whose rate is within your budget doesn't have to mean sacrificing quality. One word of caution, though: When it comes to cost versus availability, always go with the latter. When crunch time comes, you'll want a tax lawyer who is easily accessible.