Taxation
Personal and business planning cannot be
intelligently engaged in without appropriate considerations of
applicable federal and state tax laws.
Haines & McNeill has substantial
experience working with federal income tax laws affecting
individuals, businesses (C corporations, S corporations, limited
liability companies and partnerships), nonprofit tax-exempt
organizations (including charities, charitable trusts and private
foundations), as well as trusts and estates. We have extensive
experience helping individuals and organizations structure their
affairs so as to minimize their liability for federal income
taxes.
The effects of taxation must be taken
into consideration in planning but should never unduly influence
good business judgement concerning the intelligent conduct of
affairs. We pride ourselves in our grasp of relevant tax rules and
planning techniques, and we are committed to working with clients,
their CPAs and other financial advisors to implement practical
business and personal tax planning strategies on a cost-effective
basis.
Our
attorneys and staff are experienced and well versed in the
utilization of 1031 like-kind exchanges and reverse exchanges,
representing clients' interests both from a real estate perspective
as well as a tax perspective. Drafting both exchange and closing
documents, the firm has handled exchanges involving real property,
personal property, construction and improvements, multiple
exchanges, simultaneous and deferred exchanges. We can also refer
clients to or provide an entity to serve as a qualified intermediary
or exchange accommodation title holder. If you would like more
information on 1031 exchanges, please call or
email
us and we will be happy to
send you a copy of a brochure entitled
Section 1031 - Tax Deferred Exchanges in a
Nutshell , which provides a brief overview of the advantages,
requirements, and consequences of 1031 exchanges and reverse
exchanges. Be assured that we will not contact you further
unless you so request.