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5 Tips to Finding the Right Corporate Tax Attorney

Corporate Tax Attorney: Tips for Finding One That's Right for You

Corporate Tax AttorneyWhile it is very important to have a corporate tax attorney to handle specialized tax issues when you're in need them, it is even more important that you have the right corporate tax attorney.

This is a person who you are going to be relying on to take care of your special needs, and keep you in compliance with all of the changing tax codes and regulations.

While there is no way to guarantee the quality of your corporate tax attorney, there are some areas you can look at that will weed out the weak candidates and improve the odds of having a skilled person in your corner.

1. Level of education

While a higher level of education does not necessarily make a person a better corporate tax attorney, it does mean that the person is serious about improving their knowledge of the laws and codes that regulate how your business needs to operate. There are a couple of things to consider when looking at an attorney's level of education.

First, you need to find out what their undergraduate degree is in. Were they educated in business or accounting, or was their degree in something totally unrelated? If they have been studying business and accounting issues all along, it will give them a leg up on attorneys who got into tax law later.

The second thing to consider is where the corporate tax attorney earned their degree. Again, this isn't necessarily an indication of ability, but more prestigious law schools typically offer a higher level of education. Regardless of the school, you should make sure that the school is an accredited law school.

2. Is the attorney admitted to your state's bar?

After making sure your corporate tax attorney candidate has the right education, you need to be sure they are able to practice law in your state. It doesn't do you any good to have a New York corporate tax attorney if your business is located in Nebraska.

Each state has a law board that regulates the attorneys practicing in their state. Make sure the attorney you are considering has passed the bar, and is able to practice in your state.

3. Professional affiliation

Most professional organizations have a minimum standard that members must maintain. This includes certifications, and many times requires continuing education. By making sure your attorney is a member of one of these organizations, you are ensured that they are more up to date on tax laws and regulations.

4. Use personal/professional referrals

Corporate Tax AttorneyA good tax attorney should be able to provide you with a list of professional references. If they are hesitant, or refuse to give you those references, you should question their ability. Most successful tax attorneys will be willing to provide you contact information from previous clients who they have helped.

There may be an underlying reason the tax attorney does not want you to speak with previous clients. They may either be brand new, and haven't had clients that could recommend them, or they have been unsuccessful. Either way, you might want to reconsider whether this is the right candidate for your business. Also keep in mind there may be issues with client confidentiality, but this shouldn't prevent the attorney from having any references at all.

5. Does their area of expertise match with your companies area of business?

Some corporate tax attorneys specialize in areas that do not match what your business does. If you are a local business you may not need the services of an international tax attorney. The advice they give may not be what your business needs, and you may end up paying more than is necessary for their services.

Having the right tax attorney can save you a lot of money and frustration, and keep you out of trouble. The trick is to make sure you have the right person chosen before you are desperate for help. Do your research and the odds are better that you'll have the right corporate tax attorney in your corner when you need one.

You can start your search by checking out the Directory of Attorneys at http://www.attorneyfind.com.

Points to Keep in Mind

  • Higher levels of education typically indicate a more in-depth knowledge of tax laws and regulations.
  • Many professional organizations require members to continue with their education and meet certain levels of certification.
  • Some corporate tax attorneys specialize in areas that are more then your company needs (or can afford).
  • Attorneys must pass the bar in a state before they are allowed to practice in that state.
  • Successful attorneys should be able to provide you with a list of professional references.