TERRY BIRRELL
CERTIFIED PUBLIC ACCOUNTANT
N
Tax Planning
A great deal of tax savings may be generated through a thorough understanding of the Taxpayer’s facts and circumstances and thoughtful, knowledgeable application of tax laws and elections.
The Taxpayer may generate additional tax savings when he or she chooses the structure or parameters of major transactions or operations. When the Taxpayer plans ahead to create favorable facts or circumstances upon which tax savings can be based, cash flow is enhanced through additional tax deferrals or permanent tax savings.
I provide such tax planning including:
- Choice of entity selections
- Structure of business and asset acquisitions
- Structure of business sales and divestitures
- Minimizing the alternative minimum tax
- Estate planning
- Bankruptcy and foreclosure tax planning
- Cancellation of indebtedness planning
- State and local tax planning
- International Tax Planning
- Compensation planning
- Employment tax consulting including employee v. independent contractor determination
- Sales Tax Consulting
"Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands."
In re Gregory v Helvering (2nd Cir. 1934), Judge Learned Hand
Copyright 2009. Terry L. Birrell. All rights reserved.