Taxes are a consideration in many aspects of our individual and business life. Our choice of investments can often lead to very different tax consequences. These tax consequences can profoundly effect when and how we can retire. For businesses and individuals, often the way that a transaction is structured from a tax perspective can make the difference between a project being a big success, a small success, or a failure. Our tax department provides tax planning for businesses, tax exempt entities, individuals and estates, and will advise you on the tax implications of business and investment transactions. 

 

The Law offices of Matthew F Medaglia advises clients in all areas of tax law, including federal, state and local tax matters. We also represent individuals and business through our tax controversy practice, where we will zealously represent you in connection with audits of federal and state tax matters.

 

Mr. Medaglia has an LL.M. degree in taxation in addition to his law and business degrees. Having both tax and business expertise, we are able to examine your every business transaction and minimize its potential tax consequences. Our goal is to save your business time and money by structuring your transactions in the most efficient way possible.Many of our business tax services are provided in conjunction with our corporate practice.

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For individuals, apart from our tax controversy services, we are here to help you maximize your return by guiding you on tax friendly investments and hidden deductions you may be able to take advantage of. Many of our individual tax services are provided in conjunction with our Trusts & Estates, Estate Planning and Retirement Planning services.

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Individual Tax Planning

• Choosing and timing investments, income and deductions

• Reviewing executive compensation plans

• Reviewing qualified compensation plans- e.g. pension and profit-sharing plans, 401(k) plans, simple 401(k)s, uni-ks and cafeteria plans

• Reviewing non-qualified compensation plans- e.g. deferred compensation, incentive stock options, salary continuation, split dollar insurance, and stock appreciation rights

• Tax controversy, including negotiation of post-audit compromise

• Tax consequences of matrimonial matters

• Gift and estate tax planning

 

Corporate Tax Planning

• Corporate formations and reorganizations, including taxable and tax-free mergers, spin-offs, split-offs, asset sales, recapitalizations, joint ventures, liquidations, distributions, initial public offerings

• Counseling on business entity selection, business continuity planning and general tax management

• Structuring and timing of business and investment transactions

• Taxation of private investment funds and mutual funds

• Taxation of real estate transactions, including like-kind exchanges and other tax deferral techniques

• Taxation of banks, financial institutions, and other regulated companies 

• C Corp and S Corp taxation 

• Taxation of partnerships and LLCs 

• Advising hedge funds and private equity funds

• Formation and governance of tax exempt organizations 

• Planning and implementation of employee benefit programs

 

Tax Controversy

• New York state and local tax issues