Tax Planning and Preparation Services

Asset preservation and tax avoidance are key tenets behind orchestrating transactions to make the best use of opportunities available under current legislation.

Minimizing estate and gift tax exposure (asset preservation) requires well-coordinated steps involving the use of trusts, life insurance, split gifting, and asset transfer/ discounting through the use of minority interests and/or marketability constraints. We offer advice and implement mitigation strategies in these areas in conjunction with client legal counsel to achieve meaningful and sound results for our clients.

When advising clients on investment strategy, consideration of tax consequences on future income or capital gains is important. We offer advice to clients on how to minimize taxation in all the areas where tax could normally be levied, including income tax, capital gains tax, corporation tax, alternative minimum tax, estate tax and excise tax.

By ensuring the allocation of personal compensation, pension income, investment gains and losses, deductions, tax payments and special elections into appropriate tax entities and years, substantial amounts of tax may be avoided or retrieved (tax mitigation). Inter-year provisioning is crucial in many circumstances in order to set-aside sufficient resources for planned tax liabilities and/or to preclude penalties and taxes resulting from inaction.