If your company is planning to restructure its operations, it's crucial to consider the tax implications. Our firm can provide guidance on structuring the restructuring process to minimize tax liability.
Here's how we can assist:
Strategic entity restructuring: For businesses that have encountered IRS issues in the past, we can help create new entities that mitigate the risk of recurring tax problems. We establish proper bookkeeping and paperwork processes to prevent future tax issues for business owners.
Entity classifications: We offer advice on transitioning between entity classifications, such as moving from an LLC to 1120 or from a sole proprietorship to a corporation. By analyzing the implications of these changes, we can identify potential tax savings opportunities.
By carefully considering the tax implications and implementing appropriate strategies, our goal is to minimize your company's tax liability while ensuring compliance with applicable laws and regulations.
For more information on Complex Tax Issues Businesses Encounter, an initial consultation is your next best step. Get the information and legal answers you are seeking by calling (720) 780-0501 today.