How Much Does a Tax Lawyer Cost?

A tax attorney can be an investment, especially when you’re pursuing an Offer in Compromise or need help structuring your estate. Non-law firm tax relief companies often include tax preparation in their case fees.

A reputable tax lawyer will provide an estimated cost for their services at the start of representation. This will be based on their experience with cases similar to yours.

Initial Consultation

The initial consultation is your opportunity to discuss the facts of your case with an attorney. You should bring any documentation related to your legal matter, as well as questions you have for the lawyer. This meeting can be done over the phone, via email or in person at the lawyer’s office.

An attorney should be able to tell you whether she can take your case during the initial consultation. She should also be able to give you an idea of the cost of her services.

Some attorneys charge an hourly rate for their initial consultations, while others charge a flat fee. Attorneys that charge a flat fee typically expect to be able to determine at the first meeting how serious you are about your case and whether or not you have the means to hire them. Attorneys who charge a consultation fee usually consider that clients that are willing to pay for their advice are more likely to be invested in their cases and provide them with the time they need to get the job done right.

Hourly Rate

As a rule, tax attorneys will charge by the hour to provide services. The rate ranges from under $200 to close to a thousand dollars an hour for highly experienced and reputed tax attorneys.

The fee structure is based on the complexity of your case and the attorney’s expertise. Resolving a complex tax issue requires much more work than simple cases. A good tax lawyer will assess the work required and give an approximate quote for your case.

Generally, the higher the complexity of your case, the more expensive it will be. There are exceptions though.

Some attorneys will charge a flat fee to resolve your tax problem. These fees vary greatly based on the situation and the attorney’s expertise. They also may apply an initial retainer to the case and bill you a hourly rate after that. The advantage to a flat fee is that you know the total cost in advance and can budget for it.

Flat Fee

A tax lawyer is an expert in federal, state, and local laws and precedents that relate to taxes. They also have an in-depth understanding of business transactions, such as purchasing and selling goods and services.

Whether you have a complex estate plan, need to file an IRS dispute, or are in need of international tax law help, it is important to have a qualified professional on your side. A skilled tax attorney can protect your rights and settle your case under the best possible terms.

In order to become a tax lawyer, you need a bachelor’s degree in business or a relevant field and a law school education. A rigorous college preparatory curriculum, high grades in honors and AP classes, and strong scores on the SAT and ACT are essential to getting into law school. You must also pass a state bar exam to become licensed as a legal professional. Our experienced NY tax lawyers have settled countless IRS and New York state tax problems over 20+ years, resulting in a loyal client base that we are very proud of.

Payment Options

When you’re deciding whether to hire an attorney or work with a tax relief firm, consider your specific needs and how much you can afford to pay. If you know that you can only pay a certain amount, be upfront about it and let your lawyer or relief firm know that beforehand.

Some attorneys may charge by the hour or offer a flat fee. Most hourly rates range from $200 to $400, but highly experienced attorneys or those working for large firms can charge more.

Other lawyers, especially those who specialize in tax debt, can offer a flat rate that is set in advance and does not change regardless of how many hours are spent on your case. This option is generally only offered for simple or routine cases that are expected to get resolved quickly. According to Zelli, a tax specialist at Bull’s Eye Financial Professionals, flat fees can start at a few thousand dollars and go up from there depending on the severity of your case.

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