The breadth of HBG Law’s Tax practice is matched by very few other law firms. Our tax and wealth planning covers every aspect of corporate, partnership and individual taxation in the United States and the world, including taxation of cross-border transactions and state and local issues. Our sub-practices include transactions, consulting and planning, audits, administrative appeals and litigation, transfer pricing and government relations.
Some of the areas our firm specializes in includes:
• Corporate tax planning
• Individual high-net worth income, gift and estate tax planning
• M&A, joint ventures, and private equity transactions
• Federal tax litigation and controversy
• State and local tax (SALT) consulting, litigation, and controversy
• Real estate tax planning
• International tax planning
• ERISA and employee benefits
• Executive compensation
How we do it:
• Knowledge of interrelationship of tax and different accounting methods
• Proformas for tax planning
• Projections of tax liability scenarios
• Analysis necessary for future tax and long term planning
• Knowledge of GAAP to support tax structures
• Depreciation and other tax elections/options
• Assist in lenders issues regarding financial statements and tax returns
• Benefits of family tax bracket analysis and benefits of tax deferrals
• Knowledge of accounting and applicability to tax and commercial transactions
• Cash basis vs. accrual basis (and other accounting and tax methodology)
• Various other accounting methodology/construction and EBIDTA calculations
• Tax elections – stock vs. asset sales, passive activity, classifications (capital gain), elections out of subchapter K
• Knowledge of accounting software and programs
• Coordinate with CPA firms on financial statement presentation issues