Tax Strategies for Businesses and Individuals
Tax Planning Counsel Backed by 20 Years of Experience
Having worked on both sides of IRS investigations and tax disputes, attorney Lawrence Brown provides astute tax planning for business transactions and wealth preservation. His prosecutor insights and experience in risk assessment enables clients to be aggressive in tax avoidance without being reckless.
The Law Offices of Lawrence Brown represents businesses, corporations and professionals in the Dallas-Ft. Worth area, statewide Texas and throughout the United States. Call 888.870.0025 to arrange a consultation.
Business Taxation Planning
We represent many clients who own and operate privately held businesses. Lawrence Brown provides full-service counsel for business start-up and transactions, including advice on the taxation aspects of:
- Entity selection — LLCs, corporations (S corp, C corp) and partnerships are taxed in different ways, one of several considerations at start-up.
- Mergers and acquisitions — Mr. Brown helps structure business deals to minimize the tax impact to the entity and to stakeholders.
- Stock options and executive compensation — Transfers of shares are fraught with tax ramifications. We help clients structure them to avoid or defer taxes.
- Exit strategy — We help owners plan for getting out the business by transferring shares into liquid instruments that maximize income and minimize the tax hit.
- Succession planning — Family-owned businesses need sophisticated strategies to avoid estate and transfer taxes when a new generation assumes control.
Tax Planning for Families and Individuals
Our firm has advised beneficiaries of settlements or awards (as from a personal injury lawsuit) on how to structure the settlement to spread out, avoid or minimize income tax on the payments.
Mr. Brown also provides advice on tax strategies in estate planning for clients whose assets may be subject to federal estate tax or state inheritance taxes.
Risk Assessment and IRS "Pre-Approval"
Family limited partnerships and offshore tax shelters are a top target for audits, but being overly conservative in avoiding IRS scrutiny results in paying unnecessary taxes. We counsel clients on the tax ramifications (and possible criminal sanctions) of various tax avoidance strategies. If there is a substantial amount of money at stake, Mr. Brown can seek a private letter ruling from the IRS stating the agency's position on a particular transaction, deduction, exemption, or investment vehicle.
Lawrence Brown brings 20 years of experience in tax law and litigation, including previous work as a trial attorney for the Department of Justice Tax Division. For dependable tax planning tailored to your business or individual situation, arrange a consultation at 888.870.0025.
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