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.

Tax Planning

Taxation

Our clients have faced a wide range of tax planning opportunities and pitfalls. Representative projects in which our tax attorneys have recently engaged include:

  • Evaluation of tax shelter opportunities;
  • Charitable gift planning;
  • Building tax structures for holding second homes in Europe or the Caribbean;
  • Planning to preserve capital gain treatment in a condominium conversion;
  • Managing S corporation Triple-A accounts and Earnings and Profits;
  • Capitalizing a limited liability company to reduce owner’s/officers’ exposure to self-employment tax;
  • Maximizing non-taxable gifts by using defective grantor trusts; and
  • Minimizing 1375 tax when an S corporation sold its business within 10 years of making the S election.

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.