Awards & Recognition
The Tax Law Offices of David W. Klasing
Albuquerque, New Mexico’s largest city, is a vibrant blend of old and new, tradition and innovation. Here, businesses and residents enjoy the city’s rich cultural heritage and thriving economy. Yet, they also face unique federal tax challenges. Albuquerque’s diverse economy includes everything from tourism and healthcare to high-tech industries and government services, each with its tax considerations.
In a busy city like Albuquerque, navigating complicated federal tax issues can be tricky. Maybe you’re an individual dealing with an IRS audit or a business owner wrestling with interstate tax disputes with California. Either way, these situations can become complex fast. That’s why having a skilled Albuquerque dual-licensed tax litigation attorney and CPA is paramount.
Introducing The Tax Law Office of David W Klasing
The Tax Law Office of David W. Klasing is a specialized boutique Federal tax law firm in Albuquerque, New Mexico. Our team comprises award-winning, nationally acknowledged dual-licensed Tax Attorneys and CPAs, bringing over two decades of comprehensive Tax and business experience and proficiency in federal and international tax laws. Whether you’re an individual taxpayer or a business entity, we aim to help resolve the most complex federal tax issues you may be facing.
Your Trusted Dual-Licensed Tax Attorneys and CPAs in Albuquerque
Managing federal tax regulations can be overwhelming, especially with formidable entities like the IRS. We ensure clear and constant communication with our clients to alleviate these stressors. Our primary goal is to secure the best possible resolution for your case, regardless of its complexity or magnitude. Our dedication to achieving favorable results extends to IRS civil examination, criminal tax defense, and domestic and international tax litigation matters.
Why Choose Us for Your Tax Litigation Needs?
Our belief that every client’s unique needs should be the guiding principle of our engagement forms the core of our operations in Albuquerque. Our commitment manifests in our steadfast refusal to prioritize our firm’s financial interests over your need for strategic, assertive, creative, and efficient legal tax representation and compliance services.
For instance, we will never nudge you towards federal or California tax litigation if a fair settlement can be achieved without it, solely for our gain. Likewise, we will only accept a case if we firmly believe you will benefit from our involvement. Whenever necessary, we stand ready to shield our clients from potential missteps.
Tax Litigation: Our Unique Blend of Proficiency and Client-centric Approach
Like other legal disputes, disagreements with a taxing authority often do not have to escalate to a courtroom. Many instances allow the taxpayer and the agency to negotiate a mutually acceptable solution without litigation. However, when resolution isn’t straightforward and litigation becomes necessary, you require an advocate with a unique amalgamation of tax knowledge and litigation skills.
Our Albuquerque dual licensed tax litigation attorneys & CPAs leverage a deep understanding of tax law and litigation processes to maximize our clients’ outcomes. Our clients receive the advantage of in-depth, hands-on experience in tax litigation matters typically found in a large firm, coupled with the personalized attention characteristic of a boutique practice.
Meet David W. Klasing: A Standout Figure in Tax Litigation
David W. Klasing brings dual qualifications as an Attorney and Certified Public Accountant, specializing in Taxation, Estate Planning, and Business Law. His exceptional reputation is underscored by an “A” rating from the Better Business Bureau and a perfect 10.0 AVVO score.
With nearly three decades of professional experience in Taxation, Mr. Klasing brings knowledge of federal tax codes, regulations, and case law to Albuquerque. His previous stint as an auditor helps him mitigate potential tax complications for clients and fiercely protects their interests during audits, criminal investigations, and tax litigation. His track record of consistently securing favorable outcomes for businesses and individuals facing intricate tax matters speaks volumes about his competence.
Mr. Klasing’s stellar academic credentials include a Bachelor’s degree in Business Administration, a major in Accounting, a Master’s degree in Taxation, and a Juris Doctor degree. His specializations in estate, trust, and accounting are reinforced by his advanced degree in Taxation, with a deep focus on gift and estate tax.
His commitment to the industry is evident in his leadership roles in various tax committees and his active membership in numerous eminent tax and law associations.
An Elite Professional Amid the Landscape of U.S. Tax Specialists
There are estimated to be 1.1 million attorneys, 560,000 CPAs, and only 24,000 possess both qualifications in the United States. Further refined by adding a master’s in Tax, David W. Klasing is among a select group of approximately 3,000 professionals nationwide with similar credentials.
Mr. Klasing’s professional engagement is highlighted by his past leadership roles within various esteemed organizations. In 2012 and 2013, he chaired the Tax Procedure and Litigation Committee of the California State Bar Association, and in 2013, he also led the Orange County Bar Association’s Taxation Section. He maintains active memberships in several professional organizations, including the American Bar Association’s Tax Section, the Orange County Bar Association’s sections on Tax, Business, and Corporate Law, and Trust & Estate, the California Society of Certified Public Accountants State Committee on Taxation, and the American Association of Attorney Certified Public Accountants. Simply put, finding someone better qualified to represent you in Tax Litigation would be a challenging task.
Don’t Settle for Unfair Audit Results – Fight Back
You might feel cornered if you’ve been audited and believe the results aren’t fair. Receiving a 90-day letter from the IRS can appear to be a cul-de-sac. But remember, you’re not out of options yet. Accepting the IRS’s judgment isn’t the only road you can take. There are a host of reasons individuals and businesses find themselves entangled in federal tax litigation, from audit disagreements and deficiency disputes to tax refund litigation, tax fraud, and corporate tax concerns.
Challenge Unjust Taxation: Opt for Tax Court
If you think the IRS has gotten the law or facts wrong in your case, you can challenge their decision by filing a tax court petition. The team at the Tax Law Office of David W. Klasing in Albuquerque can help you wade through this intricate process. Our attorneys and CPAs translate their deep understanding of tax law and courtroom experience into an effective litigation strategy.
Our Track Record Speaks Volumes
We have a long track record of success in tax litigation cases. We boast of managing to better the situations for greater than 90% of our clients who have chosen to litigate. We aim for, at a minimum, a substantial reduction in your Tax, penalties, and interest that far exceeds the cost of litigation by a significant margin.
Taking Advantage of Every Opportunity
Our tax litigation process involves comprehensive stages, each offering a new opportunity to improve your situation. Initially, we thoroughly review your case, examining your tax returns and other financial records to assess your rights and options. We are ready willing and able to guide you through an IRS tax audit and or address any notice of deficiency you’ve received. Lastly, we evaluate the merits and strengths of your case to help you decide if you should contest a deficiency, pursue a refund, or address some other tax dispute issue.
With every step, we consider every court where tax cases can be litigated, including the U.S. Tax Court, the U.S. Court of Federal Claims, Federal District Courts, Bankruptcy Courts, and various appellate courts around the nation. In sum, choosing to litigate with the Tax Law Office of David W. Klasing in Albuquerque means opting for justice, equity, and a team that believes the law and the facts should always be on your side.
What Does the Federal Tax Litigation Process Look Like?
Tax litigation is a formalized legal process intended to address disputes that arise from federal tax-related issues. These issues can cover a broad spectrum, including audits, administrative appeals, and civil and criminal tax matters. Given the complex nature of tax law, it’s crucial to seek the advice of an experienced dual-licensed Tax Litigation Attorney and CPA. Our team can help you anticipate potential disputes and understand your position before proceeding with a tax audit.
How Can Criminal Exposure Arise in Federal Tax Litigation?
Criminal tax exposure can arise in Federal Tax Litigation where there are suspicions of tax-related crimes at the federal level stemming from an audit that has proceeded to appeals or chief counsel’s office, involving issues like tax evasion, fraudulent tax return filings, or hiding foreign assets. Audit’s and criminal tax investigations involve a thorough examination by the IRS, scrutinizing the taxpayer’s financial records and tax returns to uncover possible unlawful activities. Advanced data analytics and forensic accounting techniques are used, often in collaboration with other law enforcement agencies, to build a solid case. The case may be forwarded to the Department of Justice (DOJ) for prosecution if substantial evidence of criminal activity is uncovered. Criminal tax offenses carry hefty penalties, including fines, restitution, and possibly imprisonment, depending on the nature and severity of the crime.
What Does Civil Tax Litigation Involve?
Civil tax litigation usually commences at the end of an audit when the IRS attempts to make changes to the audited tax return. The taxpayer is given an examination report outlining these proposed modifications and a letter stating their right to challenge these changes within 30 days. This appeal often necessitates a meeting with an IRS Appeals Officer and submitting a formal written protest that details the taxpayer’s disagreement with the proposed changes, backed by their reasons for this dispute.
What Are the Consequences if I Don’t Respond to a 30-Day Letter?
If a taxpayer fails to respond to the 30-day letter or doesn’t reach an agreement with the IRS Appeals Office, they typically receive a notice of deficiency. This notice provides a 90-day filing window to petition the U.S. Tax Court. Ignoring this 90-day letter will result in assessing the amount stated in the notice of deficiency, even if the proposed changes were made erroneously. Comprehensive knowledge of the federal tax litigation process can ensure you’re well-prepared for every stage and understand the potential consequences of non-action.
What Can You Expect From Our Satellite Offices?
Our satellite offices are convenient meeting spaces for discussing your Federal Tax Issues. These offices operate on an “appointment-only” basis and do not have permanent personnel on site. This allows us to maintain our commitment to personalized and confidential client service. You get the same quality of service and professional advice as you would from our main office, but with the added convenience of a location closer to you.
What About Travel Expenses?
We understand that additional expenses can be a concern. That’s why we do not charge for travel expenses. David W. Klasing, an instrument-rated private pilot, travels to our satellite offices in his fast and economical Cirrus SR22. This ensures that you receive the best possible service without incurring extra costs.
Are There Consultation Options Available?
Yes! We are introducing a new half-day scheduling option. You can hire David for four hours, and he will travel to any of our satellite offices without charging for travel expenses. This new option provides dedicated time to discuss your tax issues, review your situation, and develop a personalized strategy. Whether you’re facing an audit, litigating a tax dispute, or need specialist advice on a complex tax situation, we’re here to help.
