Tax Services
Our tax services consist primarily of tax advice rendered in connection with advice in our other areas of practice – i.e., estate planning, estate administration, business and nonprofit organization matters. For example, clients seeking advice on whether to incorporate or use an LLC are counseled on the tax consequences of using those entities versus those of reporting a business as a sole proprietorship. Similarly, estate planning clients are given tax on advice on whether to use an AB trust or a simple trust and whether to use advanced estate planning techniques such as irrevocable trusts and family partnerships. Estate administration clients are counseled on post-mortem planning for the decedent and the estate – e.g., on the tax consequences of allocating assets to the bypass and marital trusts created on the death of a spouse. We also advise on tax matters related to exempt entities and frequently file tax exemption applications for section 501(c)(3) organizations.

We do not prepare tax returns except for transfer tax returns (Forms 706/709) or represent clients in field-level audits because accounting firms are generally better positioned to offer those services. We do, however, advise accountants and other tax preparers on the reporting of specific transactions for income tax purposes and may assist with IRS appeals and Tax Court petitions in appropriate cases.