Income Tax Planning

    With the constant change in tax laws, it’s important that you receive all the benefits you are entitled to minimize your tax obligations. An income tax lawyer can help guide you through the process.

    The Law Offices of Jeffrey B. Kahn, P.C. has extensive experience with aggressive tax planning on behalf of its clients. Our IRS tax attorneys use a variety of traditional and nontraditional planning techniques to achieve favorable tax results for our clients.

    Some techniques we have successfully used or recommend are as follows:

    • Creative restructuring of the holding of an asset prior to its sale to reduce income taxes
    • Use of private annuities to reduce the capital gains tax on the sale of an asset and to move wealth to future generations.
    • Use of defined benefit plans in small business, to reduce current income tax liabilities and build up a retirement fund.
    • Captive entities, to create current deductions in a business and transfer wealth to future generations.

    We also prepare Federal Tax Returns (Form 706), and Fiduciary Income Tax Returns (Form 1041) for our clients.

    To learn more about the tax practice of Law Offices Of Jeffrey B. Kahn, P.C., please call 866.494.6829 or send us an email, and speak with an income tax attorney.

    More Guidance From IRS On PPP Loans: Deductibility of Expenses Where a Business Received a PPP Loan

    /
    More Guidance From IRS On PPP Loans: Deductibility of Expenses…

    UN Votes To Remove Cannabis From Schedule IV Drug Classification

    /
    The United Nations Commission on Narcotic Drugs held a vote on…
    cannabis business banking law

    Getting Harder For Legal Cannabis To Find Banking.

    /
    Even though more and more states are allowing the sale of cannabis…

    Record Percentage of Americans Say “Cannabis Should Be Made Legal”

    /
    68% of Americans support legalizing the possession and use of…

    IRS Criminal Investigation Division Releases Its 2020 Annual Report

    /
    IRS Criminal Investigation Division Releases Its 2020 Annual…

    IRS Gearing Up To Resume Home Visits – What High Income Taxpayers Should Know About Filing Late Tax Returns

    /
    IRS Gearing Up To Resume Home Visits - What High Income Taxpayers…

    Attention College Students: Do Not Miss Out On Your Economic Impact Payment

    /
    Attention College Students: Do Not Miss Out On Your Economic…

    Federal Court Of Appeals Rules That Cannabis Is Just Like Any Other Industry Subject To IRS Audits

    /
    On October 20, 2020, the U.S. Court of Appeals for the 10th Circuit…

    Mississippi Tax Preparer Sentenced to Prison for False IRS Returns

    /
    Mississippi Tax Preparer Sentenced to Prison for False IRS Returns The…

    Election 2020: The Results Are In And Cannabis Is Declared The Winner!

    /
    On November 3, 2020, voters in five states (Arizona, Mississippi,…

    IRS Provides Tax Relief For Victims Of September 2020 Wildfires In California.

    /
    IRS Provides Tax Relief For Victims Of September 2020 Wildfires…

    Federal Government Extends 2019 FBAR Filing Deadline For Certain Taxpayers Involved In Offshore Accounts

    /
    Federal Government Extends 2019 FBAR Filing Deadline For Certain…