We frequently work with business owners with regard to the federal income tax consequences of a prospective business purchase or sale. Our attorneys have extensive experience in dealing with the federal tax consequences of mergers and acquisitions, as well as tax-free reorganizations, such as spin-offs and split-offs.
Additionally, our tax attorneys often work closely with clients in planning to minimize federal estate and gift taxes. These engagements often involve the creation of basic estate planning documents, such as a will, but often include the creation of family management entities, like a family limited partnership. We also engineer sophisticated estate planning strategies like grantor retained annuity trusts and sales to intentionally defective grantor trusts.
We provide federal income tax advice to individuals, partnerships, limited liability companies, corporations, estates, and trusts.
We also have experience in obtaining private letter rulings from the Internal Revenue Service.
- Entity Formation
- Subchapter S status
- Contribution issues
- Liquidation matters
- Operating distribution advice
- Redemption matters
- Private letter rulings
- Stock sales
- Asset sales
- Tax-free reorganizations
- Acquisition and disposition of real property
- Installment sales of property
- Operating agreements
- Tax-free like-kind exchanges
- Applying for tax-exempt status
- Tax compliance