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.

    IRS Takes New Steps To Ensure People With Children Receive $500 Economic Impact Payments

    /
    IRS Takes New Steps To Ensure People With Children Receive $500…

    USDA Approves More States’ Hemp Production Plans

    /
    Every five years, Congress passes legislation that sets national…

    U.S. Successfully Disrupts Three Terror Finance Cyber-Enabled Campaigns

    /
    U.S. Successfully Disrupts Three Terror Finance Cyber-Enabled…

    Taxpayers Invested In Syndicated Conservation Easements Have A Limited Opportunity To Settle With The IRS

    /
    Taxpayers Invested In Syndicated Conservation Easements Have…

    “J5” Global Tax Chiefs Mark Two Years Of Cooperation To Tackle International Tax Evasion

    /
    “J5” Global Tax Chiefs Mark Two Years Of Cooperation To Tackle…

    Twelve Illegal Cannabis Retailers Served Tax Warrants in Greater Los Angeles

    /
    The California Department of Tax and Fee Administration (CDTFA)…

    How To Handle Losses Due to Theft To Reduce California Cannabis Taxes and Sales & Use Tax

    /
    With the recent wave of break-ins and robberies to local dispensaries…

    Advantages To Filing A 2019 Tax Return – Getting Money Due To You

    /
    Advantages To Filing A 2019 Tax Return – Getting Money Due…

    After July 15, 2020, Taxpayers Must Resume Making Payments To IRS Or Face Renewed Collection Action

    /
    After July 15, 2020, Taxpayers Must Resume Making Payments To…

    Don’t Think That COVID-19 Masks Illicit Cannabis Operators Or Their Landlords From Enforcement

    /
    It is a false sense of security to think that the COVID-19 pandemic…