Taxes and Business Planning


Taxation, Tax Planning, Audits, and Real Estate Tax Appeals

Taxes and Business Planning

When starting and/or operating a closely held business there are many questions and issues that need to be addressed such as those regarding what type of entity the business should be, what is the best way to finance the business, who gets to make the business decisions and what happens if one of the owners die, become disabled, or divorced. Even from the beginning, long-term planning including business succession planning must be taken into account. Questions of this nature require extensive knowledge in the complex areas of business law and tax law. The knowledgeable and experienced attorneys at the law firm of Gerstein Grayson & Cohen are able to provide business owners with sophisticated advice in the areas of tax and business planning for “C” corporations, “S” corporations, limited liability companies (LLCs) and partnerships. We are committed to helping our clients structure their entities and their transactions in a way that achieves the best results under federal, state and local tax laws while minimizing risk and liability to themselves.

Business planning requires careful consideration in a number of different areas. The business law attorneys at Gerstein Grayson & Cohen can provide you with the advice you need regarding the selection of the correct type of entity for your particular circumstances, in order to provide you with the maximum tax benefit and maximum protection from liability. We can assist you with the purchase and sale of an entity as well as with business succession planning, tax planning, mergers and acquisitions, the organization and reorganization of partnerships and LLCs, and documentation of financing transactions.

The business law attorneys at Gerstein Grayson & Cohen have earned a reputation for providing our clients with innovative and pragmatic solutions for their company’s goals as well as for corporate and partnership tax planning. Our extensive knowledge of business and tax law enables us to anticipate a variety of circumstances, so as to help you reduce the odds of you and your entity being subject to tax audits and investigations. Should, however, any audits or disputes arise, we have the required knowledge and experience to represent you before the Internal Revenue Service and the New Jersey Division of Taxation.

Whether you are just beginning to form a new business, a well-established organization, are considering the purchase of a new or another business or the sale, merger or dissolution of your existing business, the experienced, knowledgeable team of business law attorneys at Gerstein Grayson & Cohen are able to help you with all of the preparation, negotiations and documentation needed to ensure that your transaction is structured in the most beneficial way possible.

Many individuals and businesses only deal with tax issues after an issue arises. We strongly believe that the time to plan is before issue arise so as to avert tax problems.

At Gerstein Grayson & Cohen we understand that planning and preparing taxes, or going through an audit can be a daunting process.  We can help.

For prompt attention to your Tax and Planning needs, please complete our contact form.