Tax Promoter/Tax Shelter Issues

Tax Promoter/Tax Shelter Issues

If you’re facing IRS scrutiny due to your involvement with tax promoters or tax shelters, Brotman Law is here to help you. We meticulously analyze your case, crafting a customized defense that addresses IRS allegations and seeks to resolve issues favorably. Our goal is to mitigate penalties, negotiate settlements, and safeguard your financial interests throughout the process.

SAVE YOU MONEY

We save you money in the current tax year and create savings that will undoubtedly send a ripple through the coming years. In the long run, thousands of dollars will grow to hundreds of thousands, then millions in savings.

GREATER WEALTH

We help you keep more money in your pockets for investing, saving, or anything else that contributes to a good life. Our attorneys strive to reduce your lifetime tax liability by implementing different legal tax optimization strategies.

PEACE OF MIND

We work with you to ensure every item is correctly captured on your tax returns allowing you to enjoy greater peace of mind.

Overview

With a deep understanding of IRS procedures and audit protocols, our attorneys develop a strategic defense tailored to your unique situation. We will provide you with guidance on how to prepare for IRS interactions and advocate on your behalf. By involving a tax attorney early in the process, you can proactively address IRS challenges, protect your rights, and ensure compliance with tax laws.

We also represent tax promoters accused of misconduct towards their clients. With a deep understanding of both sides of tax defense, we leverage our insights to provide effective advocacy and ensure fair treatment under the law.

THE RIGHT THING

What Else Should I Know?

When evaluating tax strategies, we meticulously assess various factors associated with tax promoters or shelters. Our process begins with a thorough examination of the strategy’s complexity and its alignment with current tax laws and regulations. This includes scrutinizing each approach to identify any indicators that could draw IRS attention. Our proactive approach ensures clients understand the risks involved and are prepared to navigate challenges confidently.

Additionally, we gauge the aggressiveness of the tax strategy and how it might be perceived by tax authorities. This assessment helps us anticipate compliance issues or ethical concerns, allowing us to address risks preemptively.

If the IRS determines the strategies used are not appropriate, you may be faced with owing back taxes, as well as substantial financial penalties and interest charges. Beyond financial consequences, there may also be reputational risks and legal ramifications associated with engaging in unethical tax practices.

We recognize that most clients did not intend to make a mistake, given the complexity of taxes, so our commitment is to offer clear guidance and unwavering support as we guide you through the process of getting complaint. If the strategy used is backed by previous legislation and the IRS made a mistake, we will gather the necessary documentation to support your stance. If the IRS is correct in their position, we will then strategize on the best way to mitigate penalties and fees.

Either way, we start by measuring the hole you’re in, and strategically plan our way out. There is always a solution, and we will help you get there.

Navigating IRS inquiries and audits demands a proactive and strategic approach, which is a cornerstone of our service at Brotman Law.

Here, we prioritize proactive measures to prepare clients for IRS interactions effectively. Whether it involves clarifying discrepancies, providing additional documentation, or representing clients in audit proceedings, we advocate vigorously to protect our clients’ interests and minimize disruptions to their business operations or personal affairs.

Our commitment extends beyond mere compliance; we strive to foster a collaborative relationship with the IRS on behalf of our clients, aiming for efficient resolution and maintaining positive communication throughout the process. By leveraging our experience and collaborative approach, we help clients navigate IRS interactions with confidence and achieve favorable outcomes.

WE KNOW OUR STUFF

With years of experience and a track record of successfully handling complex tax matters, we bring a wealth of knowledge to every client engagement. Our teams stay informed of evolving tax laws and regulations, allowing us to devise and support innovative strategies.

IRS COMPLIANCE

We have successfully guided hundreds of clients back into compliance, proving the effectiveness and reliability of our strategies. With extensive experience navigating IRS procedures, we adeptly protect our clients’ financial interests.

PERSONAL ATTENTION

We understand that tax matters can be complex and overwhelming, which is why we prioritize personal attention and accessibility. Our dedicated team takes the time to listen to clients’ concerns, explain complex tax concepts in clear terms, and develop customized solutions that align with their goals.

Our Clients Will Tell You: We Get Results.

“Through some of the most challenging and frustrating times of my life, Sam Brotman and his team were there to assure me everything would be alright.”

“With hundreds and thousand of dollars owed to the IRS, I thought there was no way I would pay it back, until I met Sam Brotman.”

“When you’re working with a law firm, you don’t know if you are going to have someone personable, but with Brotman Law, I was pleasantly surprised.”

“I really connected with my attorney, Lindsay, as she was the easiest person to work with and got us a great outcome.”

“Sahar was immensely patient in collecting information and proficient in documenting our case to the IRS, resulting in full abatement of penalties and interest.”

“We are deeply grateful for the knowledge and efforts of Sahar, Michael R. and their team at Brotman for delivering with a winning strategy.”

“Challenging the IRS alone felt like a daunting task.  Once we contacted Brotman and they laid out an action plan, we started to feel hopeful.”

“Everyone at Brotman Law was professional, responsive, friendly, and I felt safe working with them. I am more than happy with how my matter was resolved.”

“I would highly recommend Brotman Law to anyone looking for a firm. They are real problem solvers.”

“Anybody I know going through tax issues, I will send to Brotman Law!”

“I had a large tax debt & was terrified, but then Brotman Law wrote my innocent spouse appeal & it was accepted!”

“Brotman Law was very transparent and kept me informed throughout my entire matter.”

“The letter they wrote and how they proposed the innocent spouse is the reason my application got accepted!”

“Sam Brotman is an aggressive, smart and ethical tax attorney.”

“Brotman Law solved my tax problem and secured the long term financial future of my business and my family.”

“I highly recommend Brotman Law to anyone who is doing battle with the IRS.”

“Sam’s team successfully closed our EDD case and got us an outcome I didn’t think was possible.”

“Brotman Law helped us reduce our potential liability by 97%!”

Why Do You Need a Tax Attorney?

We will aggressively work to defend and protect your interests.

Hundreds of $1,000,000s

Saved in Tax Penalties

100+

Appeal Victories

$1B+

Saved in Taxes

150+

Multimillion and billion-dollar corporate transactions

11+

Tax Services

400+

Clients represented in an audit

$160M+

in ERC Tax Credits

Our Thought Leadership Has Appeared In

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STILL HAVE QUESTIONS?

Tax law can be complex, confusing, frustrating, and even scary. We’re here to help!

A tax promoter or tax shelter refers to strategies or arrangements designed to minimize tax liabilities through legal means. These can include investments, partnerships, or trusts structured to reduce taxable income or defer tax payments.

It’s essential to conduct thorough due diligence and seek professional advice from a qualified tax attorney or advisor. Assess the promoter’s track record, understand the strategy’s compliance with tax laws, and evaluate any potential risks or red flags before engaging in any tax shelter or promoter arrangement.

Not necessarily. While many tax promoters and shelters comply with tax laws, some may involve aggressive or potentially abusive practices. It’s crucial to ensure that any tax strategy is compliant with current tax codes and regulations to avoid penalties and legal consequences.

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