Tax Planning

We work closely with the business owner and their attorneys, accountants and insurance agents to achieve the best results for our clients.

Business Succession Planning

A business is often the most valuable asset owned by the family of a business person. There are a number of complex family, business, and tax issues involved in the transfer of an operating business to the next generation. Unless these issues are addressed, the business may not survive the incapacity or retirement of the current business owner. We can help. Attorney Morris N. Robinson wrote the original chapter on business succession planning for the two-volume set entitled: Practical Estate Planning in Massachusetts and published by Massachusetts Continuing Professional Education, Inc.

Minimizing Future Business Taxes

How you structure your business will affect your tax liability. You’ll want to consult with an attorney before you decide to:

• Incorporate a business
• Form a Partnership
• Form an S Corporation
• Remain a Sole Proprietor

We can also help you minimize future business taxes by advising on the tax implications involved in:

• Making an S Election
• Classifying Workers as Independent Contractors and Employees
• Crafting Stock Option Plans for Officers, Directors and Highly Compensated Employees