Matthew S. Rheingold, co-chair of Einhorn Barbarito’s Wills, Trusts & Estates and Taxation practices, was quoted in an article in Debt.Org titled “When to Hire a Tax Attorney.” The article discussed the differences between CPAs and tax attorneys and described situations in which it could be preferable to hire the latter.
The editors noted that one advantage of working with a tax attorney is the opportunity to hire someone with specific knowledge of and experience in a particular area, be that estate planning, starting a business, tax disputes, tax relief, protecting your rights and financial decisions involving large investments.
“Depending on a client’s particular situation, a tax attorney has the experience to achieve a tax settlement (with the IRS) which is not something that every individual has the knowledge or experience to handle,” said Rheingold. “Only a knowledgeable tax lawyer understands all of the programs which his/her client may qualify for and can assist the client in determining which program is suitable for them.”
