Tax Planning for Transactions
Our tax lawyers advise business and individuals on tax planning from the inception of a business transaction through every stage of negotiation and the transaction’s eventual consummation. Our tax attorneys, working together with their business lawyer colleagues, have the knowledge and experience properly to structure and negotiate mergers, restructurings, acquisitions and sales of ownership interests and businesses in the most tax efficient manner.
Tax Litigation and Administrative Practice
GCPC’s tax attorneys handle all types of administrative proceedings with the Internal Revenue Service and state taxing authorities. When necessary, our attorneys also litigate tax cases in federal and state courts to resolve disputes with tax authorities in the best interest of our clients. Contact us for more information about our litigation practice.
Compliance Planning
At GCPC, our business and tax attorneys have a thorough understanding of the complex web of federal and state reporting laws. In conjunction with our clients’ accountants and financial advisors, we assist our clients in determining the appropriate reporting positions that should be taken, whether by corporations, LLCs, partnerships, individuals, trusts, estates or other forms of entities.
Employee and Executive Benefits
Our business attorneys work closely with our labor and employment attorneys to meet the employment needs of your business. Certain types of employee and executive benefit arrangements are entitled to favorable income tax treatment. Our attorneys design and advise employers and employees regarding short and long-term compensation plans. Additionally, our team of attorneys can advise your company on matters regarding executive compensation and qualified retirement plans.
Tax-Exempt Organizations
At General Counsel, P.C., our business and tax attorneys are familiar with the unique challenges of establishing tax-exempt organizations and qualifying them as tax exempt with the Internal Revenue Service, and then assisting them in maintaining their tax exempt status.