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Questions about our Corporate Tax Services?
Tom
Denson Jen
Flinchum Carroll
Hurst Ted
Gary Mike
Gracik Carl
Loden George
Riegel Robert Tobey
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Corporate Taxation
Corporate tax is complex and our knowledge and experience is extensive and diverse. Business owners look to us for advice leading
to informed, strategic decisions that balance short- and long-term tax liabilities.
Our professionals focus on getting to know you and your business. We ask the right questions so that we can identify and employ tax strategies that work to your advantage.
There are three primary areas where we focus our attention:
- Knowing your business plans and goals
- Applying our in-depth knowledge of your industry
- Understanding the stage of your business
and how it impacts your personal finances
These areas of focus allow us to align your personal
objectives with those of your business. The innovative services we offer minimize your
corporate tax exposure, maximize savings, and relieve you of administrative compliance
burdens.
Related Services (some are links):
Accounting periods and methods
Tax Compliance Outsourcing
Consolidated corporation planning
Depreciation & cost
segregation studies
Employee-independent contractor studies
Employee
benefit plans
Estate planning
International & expatriate
tax services
Multi-state tax issues
Personal financial planning
Sales & local use tax planning
Tax information reporting studies
Tax controversies/IRS representation
Business consulting
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Success Stories
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| Sale Structure
Using a 338(h)(10) election, we successfully orchestrated the sale
of several S-Corporation businesses resulting in optimum tax benefits
for both buyer and seller. The election allowed the buyer to treat
the sale as an asset purchase resulting in enhanced depreciation
and amortization deductions. The deals were structured so the sellers
did not incur a greater tax liability than with a stock sale.
Choice
of Entity Strategy
A start-up company with two divisions, one of which carried
more risk, was organized as an S-Corporation parent with two single-member LLC subsidiaries. This entity selection isolated the risk
associated with the riskier division.
Business
Reorganization
Our business valuation team valued a subsidiary corporation
with a successful past but a recent history of operating losses. The subsidiary accumulated earnings and had no profits, but improving operating prospects.
The purpose was to determine the value of the minority shares held
by the parent holding company.
Based on the valuation, the subsidiary
issued dividends to the parent company. The parent company
distributed the dividends to the company's individual shareholders. This strategy
enabled the former subsidiary to make an S-election and
lock in one level of transaction in the event of sale, with very
minimal built-in gains tax exposure. |
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