Choice of Legal Entity-Entity Structure and Tax Considerations:
A number of tax and legal considerations will affect your decision when choosing the appropriate entity and legal structure for your business. Sole proprietorship, corporation, partnership, or a limited liability company (“LLC”)? Each has its advantages and disadvantages. You should obtain the proper legal and tax advice when deciding on which entity to form.
Our firm has extensive experience guiding clients throughout the life cycle of their business (i.e., from inception through sale, merger, and/or dissolution). We begin our relationship by consulting with you to learn about your business and your business plan. Once we have gained an understanding of your goals and objectives, we will then help you decide which type of business entity to form and how it should be organized.
Corporations
With regard to formation of corporations, we provide our clients with assistance with the following services:
- Preparing articles of incorporation
- Drafting buy-sell agreements
- Drafting confidentiality and non-disclosure agreements
- Drafting corporate bylaws
- Providing dissolutions and liquidations planning
- Drafting employment agreements
- Drafting shareholder agreements
- Drafting shareholder and director resolutions
- Drafting stock purchase agreements
- Limited Liability Companies
With regard to formation of LLCs, we provide our clients with assistance with the following services:
- Preparing articles of organization
- Drafting operating agreements
- Drafting buy-sell agreements
- Drafting confidentiality and non-disclosure agreements
- Drafting employment agreements
- Drafting managing member agreements
- Partnership and Limited Partnership Formation
With regard to formation of partnerships, we provide our clients with assistance with the following services:
- Preparing articles of partnership
- Preparing articles of limited partnership
- Drafting buy-sell agreements
- Drafting confidentiality and non-disclosure agreements
- Drafting employment agreements
- Drafting partnership agreement
- Merger and Acquisitions
We advise individuals, private corporations, and other businesses with regard to the acquisition and sale of a business along with the dissolution of an existing business. We have experience in the negotiation and drafting of agreements concerning the purchase and sale of stock and/or assets of a business. We also handle securities defense litigation and SEC investigations.
Tax Planning-Asset Protection
One of the first questions that should be asked in any business transaction is “What are the tax consequences?” Understanding tax consequences helps protect and enhance the value of a business. Proper legal structure and tax planning can fundamentally alter the profitability of any business transaction. The attorneys have extensive experience in providing federal, state, local and international tax and business planning advice to our clients.
Offshore Bank Account Reporting-FBAR
The McCauley firm excels in tax representation for mandatory reporting on Form TD F 90-22.1 Report of Foreign Bank and Financial Accounts for offshore bank accounts. The best path is full disclosure of the accounts and an amendment, if necessary, to account for the additional income. FBAR tax compliance and reporting in the future is required.
We Solve TAXJAMS and IRS problems. We stop IRS levies and release IRS tax liens. Best of all, we explain tax compliance. Call for a consultation: 1-877-829-5267.