Understanding the nuances of tax planning are a critical component of business operations and growth. Our team employs our broad knowledge in order to guide clients through the intricate and ever-changing tax system.

Tarter Krinsky & Drogin’s Tax Practice provides a wide array of services to assist corporate, individual, and tax-exempt clients with federal, state, and local taxation issues. With a unique business and legal perspective, our team is well-equipped to efficiently solve clients’ taxation challenges.

Serving the industry for decades, our attorneys focus on tax planning, tax examinations, and controversies. The Tax team handles a broad range of matters, including:

• Transactional Tax Planning: A central part of our tax practice is tax planning for business transactions, including choosing and forming the right entity for your business, especially closely-held businesses, as well as structuring taxable purchases and sales of assets or entities to achieve optimal tax results.
• Employee Benefits: We advise corporate and tax-exempt employers and organizations in their sponsorship of employee pension and welfare benefit plans and structuring deferred compensation arrangements with respect to IRC Section 409A compliance.
• International Tax: Working closely with our International Practice, we represent foreign-based clients with interests in the U.S. on the tax issues they encounter as they expand domestically.
• Not-for-profit Organizations: We create and advise not-for-profit organizations, particularly private foundations, and are experienced in providing counsel concerning the application of the unrelated business income tax rules to investment income earned by exempt organizations.
• Real Estate Taxes: We handle the tax needs for a wide variety of real estate transactions throughout the U.S., including like-kind exchanges, workouts, and partnership and limited liability company transactions.
• State & Local Tax: We guide clients on multistate and local tax matters that impact their critical business transactions including audits, tax-savings opportunities, exemptions, and alternative business structures. We also regularly advise individual clients on residency issues in connection with personal income taxes.
• Tax Controversies: We regularly represent clients in audit proceedings before the IRS and state and local tax authorities.
• Wealth Management & Private Client: In collaboration with our Trusts & Estates Practice, we provide multidisciplinary estate planning services for high-net-worth individuals and families including the transfer of wealth to younger generations efficiently while minimizing tax liability and consequences. Our team has experience creating charitable transfers structured for maximum tax savings.