Corporate and Partnership Tax

• Counsel partnerships and limited liability companies in planning and executing strategies designed to meet business goals, minimize tax cost and comply with tax rules and regulations
• Assist clients in corporate transactions, including mergers and acquisitions, divestitures, refinancing, leveraged buy-outs, incorporations, public offerings and private placements

Economic Development Incentives

• Provide ongoing advice on reimbursable capital expenditures, long-term bonding, and methods of minimizing or eliminating negative arbitrage
• Counsel on optimum structure to leverage tax credits, benefits and investments with PILOT Increment Financing

Employee Benefits and Executive Compensation

• Advise clients on and assist in structuring benefit and compensation structures, including cafeteria plans, health and welfare benefits plans, phantom equity, stock option, restricted stock, restricted stock unit, and other equity-based plans, deferred compensation plans, and other employee and executive compensation arrangements

Employment Tax

• Assist employers in navigating federal and state income and employment tax withholding, reporting, and compliance for employees working within and outside of New York state and in foreign jurisdictions

General Obligation Bonds

Gift, Estate and Personal Tax

• Assist families, business owners, executives and other professional advisors with development of personal estate plans and business succession plans to meet client objectives including tax efficiency, multi-generational wealth transfer planning, asset protection planning, minimization of interruption to operating businesses due to death or incapacity, charitable planning, and fiduciary income tax planning
• Advise clients in minimizing negative tax consequences in transactions such as selling property, investment activities, divorce, retirement and transfers of assets including leveraged gifting techniques
• Post transaction tax compliance and reporting including gift, estate, generation-skipping transfer tax, and fiduciary income tax return preparation

State and Local Tax

• Counsel on New York state, local and New York City tax issues to support compliance, minimizing of tax liability and maximizing of tax credits and incentives
• Support clients and corporations in navigating state and local tax regulations

Tax Credits and Opportunity Zones

• Counsel on optimum structure to leverage tax credits, benefits and investments with programs such as the Federal Historic Preservation Tax Incentives and Industrial Development Agency benefits
• Guide investors in establishing a self-directed QOF or review a potential investment in a QOF
• Represent clients’ entitlement to tax exemptions and incentives related to opportunity zone enterprises

Tax Dispute Resolution

• Represent clients in civil and criminal audits initiated by the federal Internal Revenue Service, the New York State Department of Taxation and Finance, and the New York City Department of Finance
• Represent clients in federal and state tax disputes such as business tax, personal income tax, and sales and use tax controversies
• Represent out-of-state residents in New York state residency audits

Tax-Exempt Bond Financing

• Conduct tax due diligence review and drafting tax documents required for tax-exempt bond closings
• Provide tax advice relating to the structuring of financings to comply with state and federal tax law, address ongoing arbitrage and rebate issues, determine qualified versus unqualified costs, and review reissuance questions

Tax-Exempt Organizations

• Represent not-for-profit organizations with incorporation and securing tax-exempt status, qualifying for and maintaining exemptions during operations, structuring activities that produce both exempt and taxable income, and handling the dissolution or termination of exempt entities

Qualified Opportunity Zone Program