Tax Planning

Specializing in representing the closely held business and high net worth individual requires that we focus on tax planning and projections. We seek to plan for each of our clients and to stay involved with their business. Planning and spending time with our clients allows for the exchange of information necessary for us to provide insight and make timely and creative recommendations and solutions. We also strive to eliminate any surprise with the timing or amount of income tax payments that are due. All tax planning is done by partners and senior tax managers of the firm to insure quality and to draw on the many years of experience and love.

We utilize the latest technology including online tax research and invest heavily in continuing education to minimize the time and effort of preparing and planning for tax returns and to keep current on the many changes affecting Federal, California, local and Multi State tax issues. The following are some of the areas we concentrate on in tax planning:

  • Estate & Wealth Transfer Planning Including:
    • Lifetime gifts and sales to family members through the use of family limited partnership and LLCs, irrevocable trusts, life insurance planning, and charitable trusts. We specialize in wealth transfer strategies that meet the objectives of minimizing estate taxes, preserving parental and family control, and protecting the transfer of wealth to children and grandchildren from creditors, spouses and from mismanagement.
  • Business Entity Planning For:
    • Forming a new business including choice of entity and structure
    • Acquisition or sale of a business
  • Real Estate Tax Planning Including:
    • Tax deferred exchanges under section 1031
    • Tax deferred exchanges under section 1033 for condemnations by Federal, State or local governments
    • Partnership taxation issues relating to:
      • Basis and allocations of income
      • Cost segregation to maximize depreciation
  • Research & Development & Manufacturers Tax Credits
  • Enterprise Zone Credits
  • Distribution Planning From Qualified Retirement Plans
  • Multi State & Local Tax Planning