Customized Individual and Business Tax Planning
Our tax attorneys are practiced at structuring transactions and customizing documents to your specific needs, issues, and goals. Whether succession planning, business elections, set-up, or individual tax planning techniques, Strauss Troy attorneys work efficiently and effectively to help you manage the tax burden.
Our business planning expertise includes purchase and sale transactions, corporate and partnership reorganizations, mergers & acquisitions of S-Corps, partnerships, and C-Corps, section 1031 like-kind exchanges (forward, reverse, and improvement exchanges), choice of entity and formation of new businesses, and written legal opinions when required. Our practitioners are knowledgeable in partnership and corporate accounting methods, executive compensation plans, and other forms of tax-deferred incentives.
Our lawyers can help you plan to minimize the long-term income tax implications, maximize favorable structures to obtain long-term capital gain rates, change your tax accounting methods, develop and implement single-member or multi-member LLCs (including carried/promoted interests), draft deferred compensation plans and non-qualified deferred compensation plans, advise you on capital gains planning and provide needed insight into tax deferral strategies and how they can directly benefit you.
Tax Controversy
Strauss Troy tax attorneys are also experienced in tax controversy and compliance. Our tax group offers solutions to your tax problems and disputes with the Internal Revenue Service and state taxing authorities, helping businesses (whether large or small) with tax controversy issues that may cause hardship and subsequent closure of their business.
We are licensed and experienced in federal district court refund actions and tax court litigation involving a multitude of federal tax issues. Tax problems are not insurmountable and Strauss Troy will guide you through the best resolution. Our experience includes:
- Audits (Federal and State)
- Penalty abatements
- Liens
- Levies
- Offer in compromises with IRS
- Payroll tax problems
- Disclosing foreign accounts
- Innocent spouse filings
- Installment agreements
