Tax Law

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The tax practice involves advice, counsel and planning regarding the federal income tax consequences for individuals and businesses involved in various transactions, including situations requiring IRS rulings and guidance. The tax practice also includes the representation of individuals and businesses with disputes and controversies before the IRS.

The tax practice represents a wide range of clients, including individuals, family owned businesses, joint ventures, hedge funds, private equity funds, trusts, estates and various closely held business entities. Bade Baskin Richards provides analysis and assistance with respect to broad array of tax issues, including the following:

  • Choice of entity
  • Formation and operation of limited liability companies, partnerships and joint ventures, including private equity funds and hedge funds
  • Incorporation and operation of corporations and subchapter S corporations
  • Mergers and acquisitions involving corporations, subchapter S corporations, limited liability companies and single member LLCs
  • Reorganizations, including mergers, forward subsidiary mergers, reverse subsidiary mergers, spin-offs, split-offs and split-ups, and recapitalizations
  • Executive compensation, including reasonable compensation, deferred compensation and stock options
  • Real estate transactions, including foreclosures, like kind exchanges and reverse exchanges
  • Requests for IRS guidance or private letter rulings
  • Tax-exempt organizations, including IRC 501(c)(3) and IRC 115 issues
  • Estate, gift and generation-skipping taxes
  • Tax controversy