“… it’s what you keep!”
Tell us your business needs and objectives, we can help you achieve your goals in the most tax-efficient manner. Clients and their professionals frequently require assistance in structuring a variety of transactions and businesses in the most tax-efficient manner. The complexities of the rapidly changing and evolving Internal Revenue Code and associated regulations, particularly the provisions relating to entities that are taxed as flow-through entities (limited liability companies, partnerships, S-corporations and similar entities), create structuring opportunities to lower overall tax liability, difficulties to achieving business objectives, and pitfalls for the unwary in many common transactions in the form of unintended tax consequences. We can help! Fueled by our extensive experience in structuring businesses and business transactions and our in-depth knowledge of the business and individual tax rules, our attorneys are uniquely qualified to assist clients in navigating the complexities of developing appropriate tax strategies to meet their individual needs. Levun, Goodman & Cohen regularly consults with business owners, family offices, private equity firms, CPAs, as well as other tax professionals and attorneys from all across the country to provide sophisticated tax planning, and to consult on transaction structuring and tax-minimization techniques. Frequently, we are engaged by a CPA or attorney on behalf of their client. We work with these professionals to assist and consult in their matters and are careful to preserve their relationship with the client. Many of our attorneys are also certified public accountants, have worked in public accounting firms or have LL.M. degrees in tax. Our partners conduct seminars in multiple cities across the country teaching other tax professionals the latest and greatest in planning techniques and opportunities for flow-through entities, with over 1,000 such professionals attending in most years. Some typical matters we consult on include:
- Choice of Entity and Conversions of Entity
- Structuring to Qualify for 199A Deductibility
- Allocations of Profits and Losses and Distribution Waterfalls
- Partnership and Joint Venture Structuring
- Tax Strategies for Mergers, Acquisitions and Dispositions
- Tax Minimization in a Wide Variety of Transactions
- IRS Private Letter Rulings
- Like-Kind Exchanges
- Self-Employment Tax Planning
- Providing Equity to Key Employees on a Tax-free Basis
- Tax Elections
- Tax Audits
- Tax-Free Reorganizations, Spinoffs and Divestitures
- Estate Tax Planning and Wealth Transfer
- Retirement Planning
- Incentivization of Key Employees
- Succession Planning
