I advise clients on tax issues relating to various transactions, whether they relate to federal, state or local income, gross receipts, sales, property or payroll tax liabilities.  I also identify tax planning opportunities for clients to save them from unnecessary tax liability.  Having had years of experience preparing tax returns for individuals and businesses, I am well equipped to advise and plan with clients about the tax consequences of transactions and compliance issues.  Further, I assist clients with the resolution of tax disputes with the Internal Revenue Service and state and local taxing authorities.

Because I am a Certified Public Accountant and earned a Master of Laws (LLM) in Taxation, I understand how tax issues can arise in virtually every business transaction.  Even if a transaction does not give rise to an immediate tax liability, it may affect the tax basis of the property transferred or the owner's tax basis in its equity interest in a corporation, limited liability company or partnership.  Tax basis is a crucial attribute because if it is incorrectly calculated, certain transactions can cost thousands of dollars.  Some examples of where tax consequences must be reviewed include 

(1) contributions and distributions of property between entity and owner;

(2) sales;

(3) loans;

(4) related-party transactions;

(5) intellectual property transactions, i.e., licensing arrangements;

(6) purchases or sales of businesses;

(7) assets and liabilities;

(8) capital accounts;

(9) payroll matters; and

(10) employee benefits.

Therefore, when I advise clients on tax matters, creative and careful planning is performed to protect clients from tax liability and audit risk.  When I draft and negotiate agreements for clients, whether it is an agreement between business partners or an agreement to buy, sell or invest in a business, I advise them about the potential tax consequences and how to plan accordingly.  Further, when I perform tax compliance for clients, I educate them about the current and prospective tax issues relating to their personal as well as commercial matters.  And, I protect my clients' legal rights as their counsel in an ongoing tax audit or appeals process, whether my client is suing for a tax refund or defending an alleged tax deficiency.