Income tax expert witnesses may be utilized for litigation cases, since a lot of lawsuits involve various forms of taxation. Income taxes expert consulting may provide valuable insight into cases involving such issues as accounting, auditing, state taxes, IRS tax compliance, financial investigation, business valuation, financial fraud, or other matters related to both business and taxes, as each may become a highly relevant factor in the event of litigation centered on income tax.
Income tax expert witnesses have often worked as certified public accountants (CPAs), which would provide the necessary experience to be a great assistance to your case, as accounting skills may be used to reveal information regarding securities, lost profits, investments, insurance, and other financial issues related to income tax. Income tax expert witnesses are often knowledgeable with the various procedures conducted by the Internal Revenue Service (IRS), which is often responsible for detecting cases of tax fraud or other types of illegal activity involving various tax laws.
Income taxation must adhere to the regulatory compliance laws of business procedures regarding financial practices. Income tax expert witnesses are therefore often experienced with the rules and regulations regarding financial bookkeeping, gifting, appraisal, and other financial acts. Income tax expert witnesses are also often experienced with property taxes, as well as other types of state tax litigation.
For more than twenty years, ForensisGroup has worked at providing attorneys with the nation’s top experts, making us a leader in the field. Call us today or fill out and Submit An Expert Request Form and we’ll get started on locating the right income tax expert witness for your particular case.