Tax Law Experts
All attorneys in this office have obtained a Master of Laws in Taxation (LLM – Tax) from the University of Denver. Since obtaining his LLM degree in 1977, Sonny Wiegand has been actively involved in the American Bar Association Section on Taxation and aggressively seeks out continuing legal education programs. The same can be said for his associates. Federal and state laws are continually changing, and it’s our obligation to keep current in the interest of our clients. This firm’s business tax lawyers assist businesses, individuals, and estates & trusts.
Business Tax Planning
We advise on the structuring of the form of a business to maximize after-tax benefits from two perspectives – ordinary earnings (minimize income taxes) and employee benefits (minimize employment taxes).
Business Succession Planning
Whether a business is a new start-up or an ongoing business, it is important to consider the owner’s “exit strategy,” that is the succession plan. It may be to turn the company over to the employees, to one of several children, or to a stranger; but the planning for that succession is an often over-looked aspect of business organization.
Structuring a business so the owners can enjoy every possible benefit, as well as minimize the tax burdens after transfer of ownership can be as much of an art as a science, one that we practice well.
Personal Income Tax
Income tax preparation should not be a once-a-year exercise. Proper planning not only simplifies the tax return preparation but also can reduce the federal and state tax burdens.
Individual federal and state income taxes
The fact that we actually prepare and electronically file tax returns sets us apart from many “tax lawyers.” We prepare all federal and state forms (in states that require them such as New York, Ohio, etc.).
Business federal and state income taxes
We prepare and electronically file all federal and state and municipal income tax forms, as well as the franchise tax forms required by some states.
We also prepare and electronically file all forms required related to non-US trusts, non-US Bank accounts, non-US business holdings, and other non-US investments.