Big firm sophistication. Small firm focus.

Taxation

Tax laws reach into every area of business life, and even some aspects of personal life.  Our clients rarely conduct their affairs solely to minimize their taxes, but no prudent decision maker can afford to act without considering the tax ramifications of all the options – federal, state, local, and even international – or exploring whether there might be options not thought of yet that would yield a better tax result.

Employee Stock Ownership Plans

Taxation

Employee Stock Ownership Plans (ESOPs) can be a valuable, tax-advantaged option for ownership transition. Our lawyers are experienced in advising clients on the tax benefits and issues arising when ESOPs are involved in the purchase or sale of a business. Our lawyers also understand the tax compliance requirements of operating an ESOP, including the rules related to exempt loan transactions.

Five Reasons a Sale to an ESOP Could Be Better Than a Sale to Another Buyer

Almost all privately-held companies will be sold, usually more than once in a generation. But ESOP ownership is designed to be virtually perpetual and gives the employee owners and management an opportunity to focus their skill and energy on initiatives other than succession planning. ...More

Taxation

Tax laws reach into every area of business life, and even some aspects of personal life.  Our clients rarely conduct their affairs solely to minimize their taxes, but no prudent decision maker can afford to act without considering the tax ramifications of all the options – federal, state, local, and even international – or exploring whether there might be options not thought of yet that would yield a better tax result.