Business Tax Law Attorney in Salt Lake City, Utah
If you’re running a company, being just business-savvy isn’t enough anymore. You also have to be tax-savvy. Tax authorities seem to heighten regulations and enforcement efforts every year, and those never-ending reforms mean you have to keep abreast of the latest developments in tax law that might impact your business.
If you don’t, your business could be subject to penalties, fines, and even criminal prosecution.
However, if you are focused on the day-to-day activities of operating your business, keeping up with changes in tax laws can become quite complicated. And that’s where you might want to consider delegating all your tax responsibilities to a business tax law attorney.
At Common Law PC, we assist our clients with whatever unique tax situation they may be in. With our Salt Lake City business tax law attorney on your side, you can have peace of mind knowing that your tax issues are being handled by a professional who has your best interests in mind.
Business Tax Issues We Handle
At Common Law PC, we provide full-service tax assistance for businesses in Salt Lake City and surrounding areas. Our services include assisting clients with:
Timely filing of taxes
Offering tax planning advice
Structuring businesses for maximum tax benefits
Ensuring compliance with applicable tax laws
Handling underpayment of taxes issues
Creating legal documents to minimize taxes
Seeking tax exemptions when applicable
IRS tax audits
Seeking tax penalty relief
Advising on commercial transactions to minimize taxes
Responding to IRS collection requests
Helping with worker classification for tax purposes
Representation in tax disputes and lawsuits
With over 20 years in tax law, our Utah business tax law attorney strives to provide customized solutions designed to fit the unique needs of each business we represent.
If you want to avoid the cost of in-house counsel but still need counsel regarding tax matters on a regular basis, our law firm can provide you with legal advice and guidance whenever you need.
Speak With an Experienced Lawyer
Contact Us TodayHow Can Our Salt Lake City Business Tax Law Attorney Help You?
From audits and compliance issues to offers in compromise and tax litigation, our attorney at Common Law PC can become your trusted partner in managing your business's tax obligations.
Here’s a breakdown of how we might be able to help your business grow while avoiding or addressing tax issues:
Audits and examinations: Audits can be daunting and intimidating for any business owner, even those who have nothing to hide. Understanding what triggers an audit and how to prepare for one is the best thing you can do to reduce the stress and last-minute scrambling. Our attorney helps compile and organize your records, ensuring everything is in order for the audit. We will act as your representative, communicating with the IRS on your behalf and ensuring that the tax authorities don’t take advantage of what you don’t know.
Compliance issues: Our attorney monitors changes to tax laws and ensures your business adheres to all regulations. Compliance involves more than just paying taxes. It includes correctly reporting income, deductions, and credits. Our attorney helps develop strategies to maintain compliance, reducing the risk of penalties.
Offers in Compromise (OIC): An Offer in Compromise allows businesses to settle their tax liabilities for less than they owe. However, not all businesses qualify for an OIC. Our attorney will evaluate your financial situation to determine if you meet the necessary conditions. We can guide you through the application process, increasing your chances of approval.
Business, corporate, and partnership tax issues: How your business is structured affects its tax obligations. Our attorney will advise on the best structure for your company, whether it be a corporation, partnership, or sole proprietorship, to optimize tax benefits. We will help you develop strategies tailored to your business, ensuring you take advantage of all available deductions and credits.
Resolving tax disputes: Tax disputes can arise from various issues, such as misinterpretation of tax laws or errors in tax filings. A business tax law attorney represents your interests in resolving these disputes, safeguarding your business from potential financial strain.
Collection practices and techniques of the IRS: The IRS employs various methods to collect unpaid taxes, including liens, levies, and wage garnishments. Our attorney can help protect your assets from aggressive collection practices. They negotiate payment plans and other arrangements to prevent disruption to your business operations.
Appeals: Disagreements with the IRS's decisions can be resolved through the appeals process. This process provides an opportunity to contest findings and present your case to an impartial examiner. The goal of an appeal is to achieve a resolution that is fair and beneficial for your business. Our attorney leverages experience to increase the likelihood of a successful outcome in such cases.
Tax litigation: In some cases, disputes with the IRS can lead to litigation. When this happens, you might want to have an attorney representing your interests in court and presenting your case to a judge in the most compelling way possible. They handle all legal proceedings, from filing lawsuits to negotiating settlements.
At Common Law PC, we provide legal counsel to privately held businesses, publicly traded companies, tax-exempt entities, family-owned businesses, limited liability companies (LLCs), partnerships, sole proprietorships, and individuals who operate professional businesses such as legal, dental, and medical practices.
We don’t believe in a cookie-cutter approach to business tax law—our services are tailored to each client’s unique needs and circumstances.
Business Tax Law Attorney in Salt Lake City, Utah
At Common Law PC, we know that the stress of dealing with the government can be too much to handle when you’re just trying to run your business. That’s why we are here to help you shoulder the burden of any tax challenges you may face so you can focus on what you do best: growing your company and maximizing profits.
Our law firm is based in Salt Lake City but serves clients throughout Ogden, Provo, Park City, and St. George. Don't wait until you're in trouble—schedule a consultation with our Salt Lake City business tax law attorney today to ensure your business is on the right track.