Tax Audits and Tax Planning for Individuals
Dealing with the IRS or the state Department of Revenue can be an intimating and stressful experience for a typical Colorado resident or for one who transacts business in Colorado. Your first sign of trouble may be an IRS tax notice or revenue officer unexpectedly arriving at your house or place of business. However, as a taxpayer, you have the right to consult a tax attorney to help you obtain relief from an ongoing or pending lien, levy or wage garnishment.
You might be curious as to why you should retain a tax attorney when you could instead hire an accountant or a tax “debt relief center” or “tax relief consultant” with mysterious and unproven credentials at best. Hiring an attorney to represent you before the IRS and other tax agencies allows for any communication between you and your attorney to be protected and confidential under the Attorney-Client Privilege. Unlike other tax professionals, attorneys cannot be required to disclose confidential matters to the IRS or any other tax authority, which is particularly important if litigation ensues.
The Law Office of David M. Serafin, LLC provides advice to clients who wish to challenge federal and Colorado income tax, estate and gift tax, and payroll tax audits. We represents individuals, businesses and non-profit organizations who/which may owe not only personal income, corporate, employment, or other taxes but also the accompanying interest and penalties on these taxes to the IRS and state of Colorado. We strive to both minimize our clients’ ultimate tax liability and reduce their anxieties by dealing directly with the Internal Revenue Service (IRS) and the Colorado Department of Revenue.
The Law Office of David M. Serafin, LLC provides the following professional tax services for individuals and small businesses in the case of an audit or correspondence from the IRS or Colorado Department of Revenue:
- Un-filed and delinquent tax returns
- Audit representation
- Examinations
- IRS Liens and Levies
- Property seizures
- Collections
- Wage garnishments
- IRS penalties
- Tax appeals
- Innocent Spouse matters
- Installment Agreements
- Offers in Compromise
- Payroll tax audits and problems
- Self-Employment Taxes
- Tax Litigation in United States Tax Court or Federal District Court
- Tax Evasion and other tax related crimes
- Tax Preparer Penalties
- Local property tax appeals
With regard to individual tax planning issues, The Law Office of David M. Serafin, LLC also advises and counsels individual taxpayers in the following areas:
- Like-kind (or §1031 tax free) exchanges of business and investment property
- Real estate tax planning
- Tax qualified and other employee benefit plans, including Defined Benefits and Defined Contribution Pension Plans
Attorney David M. Serafin, who holds a Master of Laws (LL.M.) in Taxation degree, is very experienced and knowledgeable in IRS practice and procedure as well as individual tax planning. He will provide you with sound and well-grounded legal solutions to your federal and state tax questions regardless of whether you face an IRS or state tax audit, or if you simply wish to structure your individual tax affairs.
For any tax questions you may have, call us at (303) 862-9124 or contact our office online for a free and confidential initial consultation.