Seattle Tax Advice Lawyer
Not everything can be addressed by the tax code. There are some situations that are either new or unusual, and there are no taxation laws or legal precedents that address them completely. In these cases, it is important to get tax advice from an experienced attorney, such as the one you will find at law firm of Lana Kurilova Rich PLLC, and potentially to ask the IRS for a revenue ruling on the situation.
Our Bellevue, Washington, tax law firm provides representation to individuals and businesses in the Greater Seattle area, statewide and throughout the United States. Call us at (425) 289-0629 for an initial phone consultation with our Seattle tax advice attorney.
Washington Attorney, Strategically Resolving IRS Problems by Obtaining IRS Rulings
If it is not clear how a particular activity should be taxed or how a transfer of assets should be taxed, the IRS can be asked for a revenue ruling. We will prepare the request, which requires a complete description of the situation and full disclosure of taxpayer information. The IRS will not rule on anonymous or hypothetical situations.
An IRS revenue ruling can be legally relied on, meaning you can be confident that you will not be challenged by the IRS once you have a ruling in your possession. It is binding, and even if the IRS rules differently in the future, you will be able to follow the ruling issued to you.
Seeking an IRS ruling is something that needs to be carefully considered, because their decision could have negative consequences. If you have been following a certain procedure and the IRS rules that you should have done things differently, you could be subject to an audit and back taxes. We will take great care to review all options and potential outcomes before moving forward and seeking an IRS revenue ruling.
For Tax Debt Resolution, Call (425) 289-0629 for an Initial Phone Consultation With Our Bellevue Lawyer
We invite you to contact us today by phone or by e-mail to discuss your case with our experienced Washington IRS problem lawyer. Find out how we can help.