That time of the year is upon us once again: tax season. Time to gather your W-2s, 1099s, and get all your receipts and documentation in order.
Some people just have to file a single piece of paper and move on with their lives. For other folks, tax time is a stressful few months of pulling together business expenses, pay stubs, donation receipts, and more.
If you’re in the second camp, you may be wondering, “Could I get some help with my taxes? What’s the difference between a tax lawyer vs CPA? Who should I reach out to for help with this?”
If this is you, don’t worry. Keep reading to learn everything you need to know about the difference between tax lawyers and CPAs.
What is a Tax Lawyer?
Tax lawyers, sometimes also called tax attorneys, are experts in tax law. They have to pass the bar exam and have spent years studying the intricacies of the legalities of taxes. A tax lawyer is trained first and foremost to represent clients in legal disputes surrounding liens, wage garnishment, and fines.
One of the benefits of connecting with a tax lawyer is that your conversations with them as a client remain confidential, meaning that you don’t risk incriminating yourself through any of the details that you share with your lawyer.
What is a CPA?
A CPA, or a Certified Public Accountant, has to have a degree in accounting, business, or some other form of finance education. They also have to pass the CPA exam and complete an extensive number of supervised hours in order to get their certificate.
CPAs are well-versed in all areas of tax law and regulations, and they are experts in filing taxes and various forms of financial recordkeeping.
Tax Lawyer vs CPA: Who Do You Call?
If you’re simply looking for some assistance with filing your end-of-year taxes, connect with a CPA. They can help you with most of your day-to-day questions and can even help you navigate an audit from the IRS.
If you need to get legal help for taxes, you should contact a tax attorney. They can help if you owe the IRS money, want to submit a claim, or need representation in court. They’ll work with you to set up monthly payments, or even get your debt settled for less than the amount you owe.
Go Have the Best Tax Season Ever
Now you never have to wonder, “What exactly is the difference between a tax lawyer vs CPA?” Remember: these professionals are here to help you, and you should ask for their help if you need it! Go forth and use this knowledge to find the help you need to make your upcoming tax season stress and worry-free.
Looking for more advice on how to take control of your finances? Check out one of the many articles in the business, finance, and other sections of our site. We have all the information you need!