The
tax system makes the government a partner to every financial transaction,
whether business or personal. Whenever you earn money or transfer
property, the government is there to get their share. In addition, the tax
system dictates financial decisions, by encouraging or discouraging certain
types of behavior through deductions, credits, penalties, excise taxes, timing
of income, and excluding certain income from taxation altogether.
The pervasiveness of tax law means that our clients rely on our tax expertise
in many different representations. A business client will want to know the
tax impact of different methods of structuring, financing and winding down a
business. A matrimonial client will be concerned about the tax burden of
liquidating property, alimony payments and the division of retirement
plans. A personal injury client may be concerned about structuring a
settlement so that damages received are excluded from income. We are proud
to act as co-counsel to many attorneys throughout the state in discussing the
tax ramification of different courses of action.
Our tax attorneys are ready and able to guide our clients through the
intricacies of tax code so that they net the highest possible after tax return
on their business and personal decisions. Two of our attorneys are former
staff attorneys with the IRS and two have received their Masters of Law in
Taxation. Our expertise extends to all areas of the tax code, with an
emphasis on corporate and partnership tax, gift, estate and generations skipping
tax, and taxation of employee benefits and retirement plans.
If you would like to discuss your tax issues with
us in more detail, please contact Henry H. Fein, Managing
Shareholder of our Tax, Trust and Estates, and Elder Law Department.
