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.
Limited liability companies and limited partnerships provide attractive, flexible structures for layering equity investment in a business and allocating tax liabilities and benefits. However, the applicable federal tax regulations can seem very obscure and difficult to comprehend. We are experienced in guiding clients through these complex rules to obtain the favorable results they seek. This can be especially important when financing is pursued through tax-exempt sources (including individual retirement accounts) or foreign investors.