Tax

If you have a complex tax issue, we can assist you. We use a collaborative, team-oriented approach. We also manage and resolve a wide-variety of complex tax disputes when they arise. Our breadth of knowledge and experience, combined with a relentless drive for excellence, allows us to achieve the best possible results for our clients.

Business Tax Planning

When a business is just getting started, anticipating an acquisition or sale, going through an ownership change, or desires to operate differently or perhaps more efficiently, we help you plan for and understand the tax consequences. In doing so, we seek out the most efficient and least costly means of achieving your goals, to help your business thrive. We also help businesses structure compensation arrangements to incentivize and retain key employees, making sure to minimize adverse tax consequences.

Our Business & Corporate Transactions Team navigates and plans for the tax consequences of business transactions, including:

• Choice of Entity and Tax Classification
• Mergers and acquisitions
• Executive Compensation
• Tax Deferred Section 1031 Like-Kind Exchanges

Tax Controversy

We provide legal counsel to businesses and individuals in federal, state, and local income, employment, sales and use, and excise tax examinations and disputes and advocate for and defend clients in disputes with the Internal Revenue Service, the United States Department of Justice, and state taxing authorities.

We successfully drive cases to resolution, representing clients across the country in federal and state tax controversy matters:

• Advance guidance via Private Letter Ruling requests
• Dispute resolution via audits, administrative appeals, and litigation
• Representation of clients under criminal investigation for, or charged with, tax and related financial crimes
• International tax compliance
• Resolving significant tax delinquencies
• BBA & TEFRA Partnership Tax Audits
• Worker-Classification Issues

Private Client Services: Tax Advice and Consultation

Our Private Client Services Team counsels clients regarding income, estate, and gift tax planning in connection with overall estate planning.

Tax-Exempt Organizations

Capes Sokol has significant expertise in counseling and assisting clients with the formation of tax-exempt corporations and in securing and maintaining their tax-exempt status.