Small cap companies pay out a higher proportion of their income in taxes than do Fortune 1000 corporations. Fortune 1000 companies devote incredible amounts of time and resources to tax planning. They keep legions of tax specialists busy figuring out how to drive their tax burden down to zero.
New York Tax Lawyer
At Brinen & Associates, we strive to level the playing field by helping our small corporate clients benefit from some of the same strategies deployed by Fortune 1000 corporations. Our tax attorneys hold advanced degrees in corporate and partnership taxation as well as individual and estate taxation. Our tax lawyers work with each client to develop long-term strategies to maximize tax efficiency.
We also build tax advice into the way we approach and structure each client transaction in order to minimize the tax liability in any given situation. Our tax expertise is domestic and international, as we have helped our small business clients enter into cross-border transactions tax efficiently with counter-parties in the EU, Latin America and the Pacific Rim.
The constant interaction between the Firm’s corporate and tax departments ensures that our clients benefit from tax planning at every step along the way. We are committed to helping clients exploit the available tax benefits at the time of entering into a transaction as well as anticipating the expected position at the time income recognition is required. We are committed to providing the same sophistication in tax planning enjoyed by Fortune 1000 companies but on terms that won’t bust the budget for our clients.
Taxation is a self-assessed system here in the United States. You assess your tax, submit to the federal or state authority, and they either accept your finding or they let you know that they disagree.
The Firm’s tax lawyers use their advanced degrees in taxation to represent individuals, business owners, and business entities before the Internal Revenue Service at the examination, appeals and tax court levels. The Firm also represents clients in state tax audits before state tax agencies and local tax officials. The Firm’s services include, but are not limited to:
- Audit representation;
- Tax transcript analysis;
- Preparation of delinquent tax returns;
- Appealing audit and collection actions;
- Employee-independent contractor analyses and other tax related issues;
- Relief from liens, levies, seizures and wage garnishments;
- Offers in compromise;
- Installment agreements; and
- Penalty defenses.
The Firm works with clients from the inception of an audit to develop a strategy to manage the controversy with the goal of obtaining a timely and favorable settlement. If the negotiation and administrative process does not produce a satisfactory outcome, the Firm seeks more favorable results through judicial resolution.
The Firm’s New York tax attorneys are experienced in a wide variety of complex financial arrangements allowing them to approach all problems with an eye toward an individualized response on behalf of its clients. At the close of a controversy, the Firm works with clients to develop long-term strategies that benefit the client and minimize the likelihood of adverse decisions in the future.