Tax Attorney vs. CPA: Tax Experts
Tax attorneys and Certified Public Accountants (CPAs) are both tax experts who specialize in tax-related matters. But, they have differences in expertise and how they can help clients with tax-related issues. The Law Offices of Jordan F. Wilcox is an Arizona and Utah tax law firm specializing in tax help for clients. Let’s learn more about the differences between tax attorneys and CPAs.
Tax Attorneys as Tax Experts
Tax attorneys specialize in the legal aspects of taxation. These tax experts provide legal advice on complex tax issues, represent clients in disputes with the IRS or state tax authorities, and handle tax litigation in court. Tax attorneys also provide tax help through tax planning and compliance. They are also involved in estate planning, tax structuring for businesses, and handling criminal tax cases. Tax laws and regulations are complex and difficult to understand without the experience and knowledge of a tax professional, tax attorneys are qualified to help relieve tax-related problems.
Tax attorneys often work with clients, individuals or businesses, facing legal challenges or disputes related to taxes, such as audits, appeals, or tax fraud allegations. They also help with legal strategies for minimizing taxes and ensuring compliance with tax laws.
Certified Public Accountants as Tax Experts
CPAs focus on the financial aspects of taxation and other financial services. These tax experts prepare reports that reflect finances of a business or individual, including tax returns and audits. CPAs also provide tax advice, help with financial planning, bookkeeping, business consulting, and financial reporting.
Working with individuals and companies, CPAs ensure accurate financial records, review financial documents, prepare taxes, perform audits, prepare financial statements and optimize financial operations. They help clients with tax compliance and financial planning but do not typically handle legal disputes or tax litigation.
Key Differences Between Tax Attorneys and CPAs
- Legal expertise
- Tax attorneys have more legal experience than CPAs
- Type of work
- Tax attorneys work with legal matters surrounding finances whereas CPAs typically work on finances only
- Client needs
- Clients who need legal representation or advice should seek the professional help of a tax attorney
- Clients who only need financial planning advice and other financial services may want to hire a CPA
How Our Tax Experts Can Help You
At The Law Offices of Jordan F. Wilcox, we fight for our clients. Our services include payroll and sales tax preparation, unfiled tax returns, personal and business tax preparation, offers of compromise, audit representation, and settlement solutions. Our tax experts have the knowledge to effectively fix your tax-related problems. Call us today to learn more about how we can help you!