Do you need both a CPA and a tax attorney? A lot of the time, the differences between the two seem blurred, but the fact is that tax attorneys actually have their own set of unique and highly essential responsibilities and advantages that you can’t expect from a certified public accountant.
The main difference between a Denver tax attorney and a CPA is that, while the CPA deals with the financial aspects of your taxes, the attorney will cover legal matters. If you run into trouble with the IRS, a good tax attorney can protect you and provide you with the support you need to get through the matter without a problem. Even if there’s no dispute, they can make sure you won’t need to deal with one and that all your personal or professional activities and assets are properly accounted for, so your case looks good from the IRS’ perspective.
The importance of a Denver tax attorney will be clearly visible when you run into problems relating to your taxes or your CPA made a mistake that can have dire repercussions if it’s not taken care of. A good Denver tax attorney can not only solve a lot of headaches, but they might even protect you and keep you away from risky litigation cases that could reflect poorly upon your reputation, or even lead to more serious unwanted outcomes.