i did not claim income in 2005 on money i made during hurricane katrina; noe IRS wants me to pay $7 k in taxes. could an attorney help me pay less and come out ahead including his/her fees?
2007-08-05 12:24:05 · 4 answers · asked by keith100_adams 2 in Business & Finance ➔ Taxes ➔ United States
Probably not. What you need to do is file an amended return including the income that the irs is saying that you owe on, and also claim any expenses that you incurred while earning that money (mileage, contract labor, supplies, meals (only 50% though), etc). If you really do owe $7k in tax, an attorney is not going to be able to really help you. All he can do is say, sure I can help, and than hit you with his fee when he can't.
2007-08-05 12:33:22 · answer #1 · answered by Anonymous · 0⤊ 0⤋
you have supplied just enough information for our answers to be dangerous. You don't need an attorney unless you committed a fraud. You should see a tax professional with all of the facts and the letter or other communication from the IRS. I fix these thinks all day long and sometimes I can make the problem go away and other time I just tell the client to pay the IRS and get it done with. They will accept payments if that is necessary.
2007-08-05 16:22:20 · answer #2 · answered by ? 6 · 0⤊ 0⤋
Not likely. Anything they'd save you on the $7000 would probably be more than eaten up in their fees. And they probably wouldn't be able to help you anyway, so you might well end up paying their fees and still not saving anything.
2007-08-05 13:56:54 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
I am not sure but you can check it from here
http://www.usalegalcare.com
I would recommend you that you fill their form and ask for initial consultation which they generally give for free. An attorney will contact you within 24hrs after you fill their form. Trust me its good
2007-08-06 18:11:56 · answer #4 · answered by Anonymous · 0⤊ 0⤋