Tax Law

Phelan Tucker Law LLP: Iowa City Tax Attorneys

The tax law attorneys at Phelan Tucker Law LLP can provide you with comprehensive legal tax services. We also offer complete accounting, auditing, and bookkeeping services for individuals and businesses. Our attorneys offer the skill and experience you need to fully address your federal and state tax issues.

Why Do I Need A Tax Attorney?

If a mistake is made on your taxes, you are held accountable even if a CPA filed them for you. While you may have an accountant or tax preparer, they are not licensed to advise you on tax law or how to correct a filing issue with the IRS. It is in your best interest to seek the advice of a knowledgeable tax attorney. You may want to know the proper way for your business to handle sales tax issues or need assistance in a tax collection dispute with a government agency. Or, you may want to make sure you are receiving the highest benefit for your tax dollar.

Penalties For Failure to File a Return

The most common federal tax crimes include failure to file tax returns, tax evasion, failure to remit taxes, and tax fraud. It is important to speak with a tax law attorney in the event you are accused of any of these crimes. Failure to file tax returns carries penalties of fines up to $25,000 for an individual or $100,000 for a corporation and up to a year in prison.

Our tax law attorneys will work with you to provide a solution that will best meet your needs, and work towards your best possible outcome. Whether in the resolution of an immediate problem or planning ahead to protect your assets and your rights, we are ready to assist you.