Tax Law
Why Should I Hire a Tax Attorney?
The Law Office of James D. Wade specializes in all aspects of tax law. And there are many ways we help our clients make better financial decisions.
Whether you are considering the tax consequences of a transaction, are in trouble with the IRS or Maine Revenue Services, or just need help with your tax returns, our firm will be there as your advocate and advisor every step of the way.
Like a lighthouse guides a mariner to safe passage, our experienced tax lawyer, James Wade, can help you navigate through the legal process with a plan that provides you the hope and relief of a workable solution. Contact us today for the trusted counsel and personal service of Attorney James D. Wade, a CPA and tax lawyer with over ten years of experience in southern Maine.
Common Sense Tax Planning
Tax laws can be complicated. As a Maine law office specializing in tax law, we know you have better things to do than figure out what the tax code means. When you come to us for tax planning you should expect to receive down-to-earth advice on what you can do to minimize or avoid unnecessary taxes. Here are some examples of the questions our tax lawyer can answer for you:
- Which business entity should I use for my business: an LLC, S-Corporation or Corporation?
- How can I “audit-proof” my business in case the IRS comes knocking?
- Should I set up a Roth or traditional IRA for my retirement? Which is the best way for me to save for retirement?
- I am considering selling my business, what is the best way to structure the sale to avoid unnecessary taxes?
- My estate is worth less than $5 million; do I still need to think about taxes?
We are here to be your trusted advisor for all your tax questions. Contact us today and find out the best way to minimize your taxes and keep more in your pocket!
Dealing with the IRS or Maine Tax Authorities
If you are in trouble with the IRS, then you know how complex your financial matters can become. The IRS has broad powers to collect unpaid taxes:
- It can file a tax lien on your property, potentially destroying your credit.
- It can seize your bank account and garnish your wages, making it impossible for you to pay your bills.
Unlike other creditors the IRS doesn’t have to go to court and get a judgment before it can start collecting, which means that unless you get help fast, you may lose your hard-earned assets. You need an experienced tax attorney who knows all the rules and codes and can provide a solution suited to your needs. Our firm can help you understand your situation and recommend a course of action that will lead you back to solvency. Contact us today to set up your free consultation.
