Tax law illustrates the government levies on economic transactions, generally called taxes. Tax law has been made a sub-discipline and an area of specialist study in law schools. Even though tax law specialists can involve in litigation, they are mainly engaged in consultative roles.
Various laws are enforced for proper tax payments. The taxes can be in the form of income tax, sales tax, excise tax, property tax, inheritance tax, and corporate tax. As tax law is a specialization in Arizona, the demand of Arizona tax lawyers also increases day by day throughout the state.
There are five state tax brackets within Arizona’s tax structure. The rates of these tax brackets vary from 2.87 to 5.04 percent. As these taxes are not exactly the easiest of topics to grasp for an ordinary person, the assistance of an Arizona tax lawyer becomes essential. Also, many people find it difficult to be constantly updated on the Arizona tax system. For them, the best choice is to trust an Arizona tax lawyer, well acquainted with the current and up-to-date tax laws and regulations in the state.
Arizona tax lawyers are provided specialization certificates by the Arizona Board of Legal Specialization. Experience, training, and written examination are the minimum qualifications to certify as a specialist.
An Arizona tax lawyer comes with a helping hand when you find yourself in trouble with the Internal Revenue Service (IRS) – the arm of the Treasury Department responsible for income tax. An Arizona tax lawyer can help lessen the potential financial penalty levied by the IRS. He also reduces the stress related to revenue services and resolves tax problems quickly and efficiently.