Tax Law
Matters of taxation invade nearly all aspects of business. Something as simple as a joint venture, a business contract or the formation of a limited liability company, which can be accomplished with a handshake or filing a simple form, can become infinitely more complicated when issues of taxation are introduced into the mix. Even something that appears to be a straightforward litigation matter can sometimes have a tax twist.
A sophisticated business law practice requires experienced attorneys who are attentive to circumstances in which tax matters must be considered. Beyond that, a resource is needed to address these tax matters, not only to reach the answer which is most likely to be “right,” but also to present a strategy that is consistent with the desired business outcome, and to assess the tax risks of the alternative ways in which the parties might proceed to accomplish their goals.
In addition, sometimes in business an issue arises where interaction with the IRS or another taxing authority is required. In these cases, it is important to have a resource who has broad and deep experience in dealing with taxing authorities from the IRS down to a local tax administrator or School District counsel in a real estate tax matter.
Likewise, in trust and estate planning, experience and acumen are critical to recognize both unique and universal problems faced by business owners and their families to design creative, tax-effective solutions, design plans that often save families significant taxes and preserve the foundations clients have built over their lifetimes.
Spector Gadon & Rosen, P.C. has experienced, sophisticated lawyers across the broad spectrum of its practice areas, particularly those that are more likely to involve income tax issues, such as corporate, real estate, exempt organizations, trust and estate planning and commercial law.
