Tax

Our approach to tax is simple: translate an arcane tax code into plain English –decode its artifacts and incentives—so that you can make intelligent decisions and achieve your business, personal, and social goals. We help structure mergers and acquisitions, spin-offs, joint ventures, and financings for tax efficiency and minimized risk. We counsel you in identifying risks and opportunities within the complex interplay of tax laws, and explain these in terms that help you balance risk and cost. We zealously represent individual and business clients in audits, appeals, and litigation with the Internal Revenue Service, and with state and local tax authorities. We work with public companies, start-ups and entrepreneurs, family businesses, individual taxpayers, private equity and venture capital funds, family offices and private investors, expatriate employees and expatriate executives, foreign nationals working in the United States, foreign subsidiaries, non-U.S. businesses, private foundations and donor-advised funds, and public charities.

Corporate & Business Law - Tax

From convolution to solution. From roadblocks to starting blocks.

Our Professionals

Our firm provides structuring, counseling and advocacy in all traditional areas:

 

Strategic Events: Mergers, Acquisitions, Joint Ventures, and Similar Deals

  • Deal Structuring and Tax Planning
  • Tax Opinions and Due Diligence
  • 1031 Like-Kind Exchanges

 

Advice for Investment Entities

  • Private equity
  • Family partnerships
  • Real estate ventures

 

State Tax Planning and Advice

  • Nexus
  • Residency
  • Apportionment

 

Financially Challenged Entities

  • Preservation of Tax Benefits in Workouts
  • Avoiding “cancellation of debt” income
  • Risk minimization for individuals or entities

 

Business Operations

  • Deferred Compensation
  • Retirement Plans
  • Payroll and Tax Reporting Issues

 

We maintain an especially deep expertise in three boutique areas: International Taxation; Tax-Exempt Organizations; and Business Aviation.

 

Tax-exempt Organizations

  • Structuring and securing tax-exempt recognition
  • Private foundations
  • Public charities
  • Joint ventures with taxable entities
  • Organizations operating outside the US
  • UBIT Analysis
  • Political activities and Lobbying.

 

International Tax Planning

  • Outbound:
    • Foreign tax credits
    • Deferral of U.S. tax on low-taxed foreign source income
    • Effective use of tax treaties
    • Tax efficient repatriation of earnings
    • U.S. tax support for non-U.S. operations of domestic clients
    • Federal Export Incentives
  • Inbound:
    • Tax Treaty Benefits
    • Permanent Establishment issues
    • Cross- border withholding taxes
    • Earnings stripping
    • State income taxation
    • US estate taxation

 

Business Aviation

  • Full deduction for costs and expenses
  • Taxability of employees and other passengers
  • Sales, use and excise taxes
  • Deferral of gain in like-kind exchanges

 

To learn more about our Tax practice, please contact one of our Practice Group Chairs: Avi M. Lev: Chair, or Daniel L. Gottfried: Vice-Chair.