Practice/Industry Group Overview
The firm represents domestic and international businesses and individuals in all areas of federal and state taxation, including individual, partnership, and corporate income taxes; estate, gift and generation skipping taxes; sales and use taxes; and real estate taxes. Business tax planning includes the selection of the appropriate form of organization for new enterprises as well as identifying the most desirable method of reorganizing, acquiring, or disposing of a business or business asset.
The Department is involved in establishing numerous forms of executive and employee compensation arrangements, including drafting and designing qualified pension and profit sharing plans, 401(k) plans, employee stock ownership plans (ESOPs), incentive stock option plans, cafeteria plans, health and welfare plans, "golden parachute" provisions in connection with anti-takeover measures, and a wide variety of non-qualified deferred compensation arrangements. The Department also advises business clients with administrative compliance matters involving qualified retirement and welfare benefit plans.
The Tax Department advises clients in the areas of U.S. taxation of foreign operations and transactions, interstate income taxation, sales and use tax compliance and matters relating to not-for-profit corporations and also helps to structure international transactions.
Finally, the Tax Department is extensively involved in personal family, estate and succession planning for Americans and non-resident aliens.