When the economy gets bad, tax lawyers get busy according to the Long Island Business News. Claude Solnik, in When the Economy Falters, Tax Attorneys Get Busy (Jan. 5, 2009), states that "while the soft economy may mean hard times for many businesses, a virtual army of tax attorneys expect bad times to be good for business." According to Mr. Solnik's article, tax attorneys say they are already seeing growing demand from people facing tax troubles or seeking strategies to reduce tax bills.
Planning Pointer. For estate lawyers who are experiencing a downturn in estate planning work during the recession, tax controversy work may be an alternative source of work during this period. Many estate lawyers engage in controversy work during estate tax return audits. Therefore, this type of work may be familiar to estate lawyers.
Posted by Lewis J. Saret, General Editor, Wealth Strategies Journal.
Planning Pointer. For estate lawyers who are experiencing a downturn in estate planning work during the recession, tax controversy work may be an alternative source of work during this period. Many estate lawyers engage in controversy work during estate tax return audits. Therefore, this type of work may be familiar to estate lawyers.
Posted by Lewis J. Saret, General Editor, Wealth Strategies Journal.
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