Overview
Our attorneys have extensive experience in tax and business structuring, including straight asset and stock sales, taxable and tax free mergers, spin offs and corporate liquidations.
We are familiar with partnership tax issues that abound in the startup arena, since most companies start out as limited liability companies, which are taxed as partnerships. We have counseled clients on ways to avoid taxing partners on the acquisition of LLC interests in exchange for services.
Our attorneys also have experience with forming so-called “captive” Professional Corporations - professional corporations that are under the control of a 501(c)(3) organization. The captive P.C. is formed in such a way that it may carry on professional activities that the 501(c)(3) organization cannot, yet it is structured so that the 501(c)(3) organization may control the captive P.C. without jeopardizing its tax-exempt status with the IRS.
