Proactively Addressing Your Complex Tax Legal Matters
Tax considerations are inevitably part of every transaction. Whether your company conducts business in the state of Florida, across the country or overseas, it is crucial to get the knowledgeable support you need to proactively confront complex tax matters.
The attorneys at AEGIS Law can help you assess your situation and provide both counsel and advice. We can assist on issues related to sales tax, property tax, employment taxes, income taxes, ad valorum taxes and more. Based in Tampa, we represent businesses based in Florida and internationally.
Prioritizing Business Formation Tax Considerations
You must discuss and agree on tax treatment when structuring a new business or entering into a:
- LLC agreement
- Shareholder’s agreement
Most small businesses will choose treatment as a disregarded entity either by choosing a single member LLC or making an S-election. These decisions require thoughtful and thorough consideration to ensure you will not be surprised by phantom income or treatment as a C-corporation because of a failed S-election.
Informed Guidance Throughout Other Tax Matters
Similarly, when initiating a transaction, such as a merger or acquisition, or the sale of an ownership interest to another individual or company, the business needs to consider the tax effect of the transaction prior to consummation. The rules relating to an S-election may be prohibitive to the transaction you are considering and will cause the S-election to fail.
Speak With An Experienced Lawyer
Whether planning a transaction or simply considering a current situation, our attorneys are available to work with you and your tax accountant to understand the best path. Contact our Tampa office to schedule a free initial consultation. Call our law firm at 813-999-0199 or send us an email.