Key Areas of Tax Law

1. Corporate Taxation Corporate taxation involves the rules governing the taxes imposed on businesses. Legal services in this area include:

   • Corporate Tax Compliance: Ensuring that businesses comply with federal and state tax laws, including the timely filing of tax returns and payment of taxes.
   • Tax Planning: Advising businesses on strategies to reduce their tax liability through deductions, credits, and proper structuring of transactions.
   • Mergers and Acquisitions: Structuring corporate transactions to minimize tax impact, including mergers, acquisitions, and restructurings.

2. Individual Taxation Individual taxation focuses on the tax obligations of individuals and families. Legal support includes:

   • Income Tax Compliance: Assisting individuals with accurate and timely filing of personal income tax returns.
   • Tax Disputes and Audits: Representing individuals in disputes with tax authorities, including audits, appeals, and tax court proceedings.
   • Tax Planning: Developing strategies for minimizing tax liabilities through deductions, credits, and estate planning.

3. Estate and Gift Tax Estate and gift taxes are imposed on the transfer of wealth during a person’s life or upon their death. Legal services in this area include:

   • Estate Tax Planning: Helping individuals plan for the transfer of their assets upon death in a tax-efficient manner, including the use of trusts, gifts, and charitable donations.
   • Gift Tax Compliance: Ensuring that gifts made during a person’s lifetime comply with federal gift tax regulations and making use of exclusions and exemptions.
   • Probate and Estate Administration: Assisting executors and administrators with the probate process and resolving estate tax liabilities.

4. International Taxation International tax law governs the taxation of individuals and businesses with cross-border activities. Legal services include:

   • Cross-Border Tax Compliance: Advising businesses and individuals on tax obligations related to international income, foreign investments, and operations in multiple jurisdictions.
   • Transfer Pricing: Structuring transactions between related entities in different countries to comply with tax laws and avoid double taxation.
   • Foreign Account Reporting: Ensuring compliance with regulations such as the Foreign Account Tax Compliance Act (FATCA) and the reporting of foreign financial assets.