Tax

GSRM Tax attorneys help clients to minimize employment taxes and the taxation of their business and personal income while efficiently complying with federal and state tax reporting and payment requirements.  Our Tax attorneys provide federal and state tax services to large and small businesses, nonprofit organizations and individuals seeking to protect and preserve important assets and income streams.  The firm’s Tax attorneys assist clients in developing strategies and structures that not only minimize tax burdens, but also further overall financial objectives.

GSRM’s tax experience spans the full spectrum of challenges.  The firm’s advice begins with legal counsel pertaining to the tax implications of business entity selection, including liability companies, partnerships, S corporations and closely held or pass through entities, among others.  Our Tax attorneys advise on the tax consequences of business acquisitions and reorganizations, real estate transactions, tax exempt and other financing agreements, financial derivatives, qualified and nonqualified compensation planning, private foundations, exempt organizations, sales tax issues, planning for closely held or family businesses, as well as income tax planning for estates and trusts.

GSRM has defended a variety of tax audits and disputes before the Internal Revenue Service, state courts and administrative agencies.  Our attorneys understand how to efficiently resolve state and federal tax controversies and ensuing litigation.  The firm has also been called upon to defend a variety of other tax controversies, a sampling of which includes:

  • Federal tax preparer audit representation and penalty defense
  • Federal and state tax refund suits
  • Federal and state tax assessment defense in state and federal courts

When insolvency related financial stress or potential bankruptcy threaten our client’s business, our attorneys work to mitigate potential loss.  GSRM’s Tax attorneys are well versed in federal and state court tax collection defense matters, including:

  • Levy and seizure prevention and avoidance
  • Lien discharge
  • Negotiation of installment payment agreements
  • Offers in Compromise
  • Planning for bankruptcy discharge
  • Effective use of the collection statutes of limitation

Our lawyers strive to take the confusion out of the complex tax challenges associated with individual wealth planning and estate matters.  GSRM advises on the full scope of tax challenges pertaining to individual wealth planning and maintenance, business succession planning, family wealth transfers, estate planning, administration, asset protection and gifting initiatives.  Our Tax attorneys also provide planning for charitable giving trusts, generational tax reduction initiatives, as well as tax minimization and protection for retirement accounts and income.