Tax Planning

Taxes affect every aspect of your life.Consideration of the taxable impact of your legal decisions should not be left to only your accountant. Every tax issue contains the possibility for a potential lawsuit with the Internal Revenue Service. We proactively collaborate with your accountant on these decisions to achieve the optimal results on your tax returns.

Tax planning is an increasingly complex field that requires continual monitoring. We are skilled at communicating dense technical tax issues in a clear and concise way.

We integrate our tax advice into complimentary disciplines to ensure that your tax strategy works in tandem with all your goals.Our foresight allows us to factor in how your decisions will be taxed now and in the future.

We can help you find the optimal strategy as well as to potentially diversify across the different tax strategies. This allows us to maximize results and minimize what you pay to the local, state, and federal governments.

We develop tax strategies for individuals as well as publicly traded, privately held, and tax-exempt entities. We evaluate, negotiate, or structure your transactions to minimize tax exposure and enhance your overall returns. We can help businesses identify opportunities to obtain favorable tax treatment such as:

1. Like-Kind Exchanges – Internal Revenue Code (IRC) Section 1031 allows us to use legal techniques to help you structure deals. These techniques often involve disregarded entities, the cancellation of indebtedness income, and the interests of tenants-in-common.
2. Executive Compensation – Certain entities may be exposed to excise taxes related to the compensation of executives and other members of management.  These include golden parachute payments under IRC Section 280G.
3. Amortization and Depreciation Deductions – The correct structure can preserve these deductions including avoiding the anti-churning rules under IRC Section 197 when making business acquisitions of a partnership or LLC.
4. Unrelated Business Income Tax - We can help you avoid or minimize this federal tax that often relates to the use of more sophisticated investment products.

Please Contact Us if you would like to know more about how our tax planning strategies can benefit you.