Tax law is feared by many lawyers because of its close relationship to the fields of accounting and finance. Moreover, it is this lack of knowledge of tax laws that causes so much distress to individuals and business leaders who come into conflict with the tax authorities.
However, there is no need to panic because a tax lawyer can help you with your case!
Whether you are undergoing a corporate tax audit, facing tax charges, or simply seeking the expert advice of a lawyer regarding taxation, JuriGo has such experts in our network!
Find out what such a tax professional can do for you and have JuriGo connect you to one!
The expertise of the lawyer practicing tax law in Quebec!
Lawyers are highly-specialized professionals. Tax lawyers are even more specialized!
Working in one of the most complex and perplexing areas of the legal system, they put their tax knowledge to work for individuals and businesses of all sizes. Their range of services is wide and includes the following:
Tax planning is an initial step that every person and business should undertake. Since taxes are an absolute certainty, not planning to pay taxes is negligent beyond compare.
Tax planning is specifically aimed at arranging the situation of an individual or a corporation so that it pays the least amount of taxes possible to comply with the law.
This can be done by maximizing deductions and eligible tax credits, by deferring taxes, by splitting the income of two spouses, or even by legally transferring amounts to legal entities created for tax purposes. Each situation has its own appropriate tax solution so ask a tax lawyer to find yours!
Tax litigation is another process that a lawyer with tax knowledge can help you with. A tax dispute arises when federal or provincial tax authorities ask you to pay assessments that you feel you should not have paid. Since tax laws require a certain amount of interpretation, it will be up to your tax lawyer to assert your interpretation of the law.
When you are accused of a tax offence, this process is no longer related to a dispute, but rather to a criminal and penal process aimed at punishing fraud, tax evasion, and falsification of documents. The possible sanctions are fines and imprisonment for the most serious offences.
How does a tax lawyer help with your business succession planning? On the positive side, a lawyer can also help you with business succession planning which can involve a variety of legal and tax mechanisms such as corporate restructuring, estate freezes, and crystallization of capital gains tax.
Estate planning and settlement is also a process that involves business and tax law. At death, taxes must be paid before the money is given to the heirs. When a large sum of money is passed on, the estate left to the heirs can be significantly reduced by this post-death taxation.
However, there are ways to reduce this tax burden through a bequest to the surviving spouse, through the bequest of Registered Retirement Savings Plans (RRSPs) to dependent children, and much more! There is no one-size-fits-all solution; it all depends on your own estate situation.
Tax Audit and Litigation: The Importance of hiring a lawyer!
Both the Canada Revenue Agency and Revenue Quebec have the power to mandate auditors to investigate businesses and individuals. Their mandate is to ensure tax compliance and the fair payment of all taxes owed.
Receiving a call from an auditor is definitely a stressful thing even if you have nothing to worry about. It's a good idea to consult a tax lawyer when the authorities select your business for audit to make sure everything is in order.
After all, since tax laws are quite complex and confusing, no business is immune to mistakes so don't take any chances!
Tax lawyers are there to help you during a tax audit. Firstly, your lawyer will go over your records . This will allow him to know beforehand of any errors so that remedies can be discussed with the auditor. This demonstration of good faith will also prevent an auditor from pursuing you.
Moreover, a tax lawyer acts as an intermediary with the authorities . Since the average person is not used to discussing tax laws, and even less so with the authorities, it is better to let the professionals speak on your behalf.
Not only will your lawyer be able to ensure that the audit is conducted in accordance with the law, but he or she will also be in a position to negotiate an agreement with the auditors, if necessary.
Contesting a Notice of Assessment is also among the avenues available to you. It consists of filing a notice of objection to the assessment and questioning the work done by the auditor in the course of the audit. This is done with the tax authority that ordered the audit, either Revenu Québec or the Canada Revenue Agency.
A legal recourse such as one filed in court is the ultimate solution when an administrative agreement cannot be reached with the competent tax authorities. This results in a tax dispute in which your lawyer will refute the validity of the audits against you, the required assessments, and the conclusions of the mandated auditor.
Consult a tax lawyer without delay! The statute of limitations is extremely short in tax law. If you miss this short window, you can lose your chances of appeal. Find a lawyer as soon as possible with the help of JuriGo!
What is the difference between a tax specialist and a tax lawyer?
Tax law is only one of several components of taxation . Since the title of tax lawyer is not protected or reserved for a single profession, many people can practice it. This is the case, for example, with accountants who sometimes use the title "tax accountant".
However, these professionals, like lawyers, must have training in taxation to use this title. How do I know which one to contact? Although they may offer similar advice in terms of tax, a lawyer is the only one authorized to give you legal advice on tax matters.
In particular, when you are subject to sanctions, audits, or litigation with the tax authorities, do not go to a tax accountant: only a lawyer can help you. On the other hand, for all your tax optimization needs concerning your corporate or personal income tax return, an accountant is your best choice.
Whichever the case, JuriGo will take care of your tax needs through our partners when you fill out the short form on this page.
JuriGo connects you to the right lawyer for your tax needs
Tax optimization is the most profitable initiative any company can take. This is especially true if you have had problems with the tax authorities in the past.
If this applies to you, it means you must seek the services of a tax lawyer as soon as possible.
Before bringing your dispute to a Quebec court or the Tax Court of Canada, your lawyer will try to clarify your situation with the tax authorities to avoid litigation.
Don't lose time resolving your tax concerns and entrust your case to a JuriGo partner tax lawyer now!
Simply fill out the form at the bottom of the page to get connected to a tax lawyer free of charge and without obligation!