Raleigh Business Tax Planning Lawyer Implementing Effective Strategies For Businesses
Most business owners know that strategic income tax planning is a key to the growth and success of a business, yet many business owners struggle to implement the right strategies. That’s where our business tax planning attorneys can help.
The goal of business tax planning is to minimize your company’s tax burden so that the company can re-invest and grow. NC Planning works with strategic advisors and your own team to review, recommend, and implement tax planning strategies to minimize your income tax losses.
We work with business clients in a range of industries and in every part of the United States. Whether you are setting up a small local business or a global company, we can help you choose the appropriate business entity while minimizing your tax obligations.
What Are Tax Minimization Strategies?
We help you understand and plan for the tax consequences of everything from your business entity selection to complicated business transactions. Our tax planning attorneys also provide strategies for eliminating or substantially reducing business transfer taxes and business succession taxes.
At NC Planning, our attorneys are familiar with the U.S. Tax Code and the tax credits that are available to you depending on the structure of your business and the investments you make. We offer ethical, aggressive, and affordable tax planning strategies.
A business tax planning attorney can also advise you about structuring your business, buying equipment, and making tax-efficient investments to take advantage of available tax credits and reduce your tax burden.
We will prepare or review your company’s tax returns and provide sound legal advice that can reduce your taxes and help your business grow.
How Can Organizational Restructuring Affect Taxes?
Restructuring, realigning, reorganizing – that is, change – is a natural part of business. But when businesses are reorganized, the tax implications are sometimes overlooked. That’s a mistake that can hurt you.
In fact, executives and owners frequently fail to take the tax implications into account when they restructure businesses. That failure can make a business weaker and less profitable over time.
How can you restructure your business in a way that’s consistent with the best tax planning strategies for maximum growth? Before you reorganize, consult the tax planning team at NC Planning. Proper tax planning can help you restructure your business without damaging it.
How Can Our Business Tax Planning Attorneys Help?
During the cycle of launching, operating, and eventually selling or transferring a business, a variety of tax planning tools and strategies can protect a business from mistakes that could significantly raise its taxes. Our business and corporate tax planning services can involve:
- Capital gain planning
- Changes of accounting methods
- Deferred compensation planning
- Employee benefit plans
- Executive compensation issues
- Real estate ownership tax issues, from acquisition to disposition
- Section 199 domestic manufacturing deductions
- Tax-related aspects of sale and merger agreements for S and C corporations
Our success at NC Planning is based on building long-term attorney-client relationships. We work closely with our business and corporate clients to better understand your company’s tax planning needs and goals.
Based on this understanding of your business, we can tailor our tax planning strategies to address your particular business needs and concerns. We are problem solvers who find innovative solutions to the most difficult tax problems that our clients face.
When NC Planning works on your behalf, it’s more than a one-time transaction. Over time, you will have peace of mind knowing that the tax planning for your business is in the hands of professionals who understand your business, its goals, and its needs.
Why is Business Tax Planning So Important?
Every business owner has tax questions and concerns. You can be sure that your questions will be answered and concerns will be addressed by working with dedicated attorneys who can offer genuine value and trusted advice – the business tax planning attorneys at NC Planning.
If your business taxes are not planned properly, the repercussions can be negative, but the attorneys at NC Planning will not let that happen to your business. Let us help you develop a tax plan that increases your income and decreases your tax obligation.
How Can You Learn More?
To learn more about business tax planning or to schedule an initial consultation with a business tax planning attorney, contact NC Planning at (919) 568-3681 or fill out the contact form here on our website. Our offices are located in Raleigh at 4801 Glenwood Avenue, Suite 200.
NC Planning also has offices in Cary at 5640 Dillard Drive, Suite 101. The time to start planning your business taxes is now. The team at NC Planning is ready to help.