Taxation
Helping clients evaluate the tax implications of business and estate planning and make strategic decisions.
Leveraging experience and expertise to work for you
Tax considerations are an essential part of every business and estate decision. We advise individuals, business owners, and closely held companies on a wide range of tax matters, helping clients understand the implications of their choices and structure transactions to meet their personal and business goals in a tax-efficient manner. Our approach focuses on providing clear, practical guidance that supports both immediate needs and long-term financial, family charitable and legacy planning, and business goals. Effective tax strategy often depends on coordination of income, capital gains and estate and gift tax regimes.
Proactive Tax Planning
Effective tax planning begins before a transaction is finalized. We help clients anticipate tax consequences and structure business formations, transactions, and ownership arrangements in ways that support efficiency and reduce unnecessary tax exposure. Our goal is to help clients make informed decisions with a clear understanding of the tax implications. Minimizing family estate and gift taxes requires early planning to maximize the impact of common tax planning techniques. Early planning provides opportunities to gift assets outright or in trust before significant appreciation and also allows for use of annual estate and gift tax exemptions.
Supporting Transactions and Compliance
Tax issues often arise in connection with broader business and personal matters, including entity formation, reorganizations, sales, and succession planning. We assist clients in navigating these issues and coordinating with accountants and other advisors to ensure compliance while keeping transactions on track. We regularly advise clients on tax planning such as use and setup of organizations taxed as an S corporation, partnership profit allocations, structure and funding of estates and trusts, creation of employee incentive plans and use of family partnerships for transferring wealth to the next generation.
our approach
Helping clients anticipate tax consequences before decisions are made, not after.
Coordinating tax considerations with legal, personal, estate, charitable, financial, and business planning objectives
Translating complex tax concepts into clear, actionable guidance for clients.
Identifying potential tax exposure early to help clients avoid unnecessary complications.
Working closely with accountants and other advisors to support well-rounded, compliant solutions.
FAQs about our Taxation Practice
When should I involve a tax attorney?
Ideally at the beginning of any trust and estate planning, significant transaction, or business planning process. Early involvement helps identify tax implications, maximize tax savings, and structure decisions more efficiently from the start.
Do I need a tax attorney if I already have an accountant?
Yes, in many cases. While accountants handle tax preparation and reporting, tax attorneys help structure business ownership, commercial transactions, interpret legal implications, and address more complex family and business planning or dispute-related issues.
Can tax considerations affect how I form or structure my business?
Absolutely. The choice of entity and ownership structure can significantly impact taxation, liability, and future flexibility. We help clients evaluate these factors when forming or reorganizing a business.
What types of transactions typically involve tax planning?
Common examples include trusts and estates, personal charitable planning, business formations, mergers and acquisitions, ownership transfers, succession planning, and significant asset transactions (such as real estate), that involve significant appreciation.
How do you work with my accountant or financial advisor?
We collaborate closely with your existing advisors to ensure that legal and tax strategies are aligned, practical, and implemented correctly throughout the process.
