320-257-3388
320-257-3388
To ensure a seamless transition of business ownership and minimize tax liability today and at the time of sale or death of the business owner, a lot depends on the type of business formation a business has. In some respects, taking a step back to reexamine a business’s formation illuminates the best path forward for a seamless business transition. At Hanson Law Office, despite the goal of transferring business ownership being the same, we understand each business has unique tax and transfer of ownership needs, whether it is a sole proprietor, C Corp, agribusiness, or non-profit. For a custom and sophisticated business succession & tax strategy to get your business where you want it to go today and beyond, contact Hanson Law Office for a hassle-free consultation today at 320-257-3388.
Hanson Law Office can help you structure business transactions and other activities to minimize tax obligations and other potential risks. In addition to helping our clients with preparing wills and trusts to minimize estate taxes at death and planning for the smooth transfer of business ownership upon an owner’s death, we handle probates and guardianships with confidence and experience. Some other estate planning matters we can help you with include:
• Plan for ownership transitions in both family and nonfamily businesses, to help coordinate income tax and transfer tax goals.
• Select the most tax-advantageous operational structure.
• Structure joint ventures, purchases, and sales of businesses and other business transactions to achieve the best tax outcomes.
Hanson Law Office has the experience and expertise to provide complete tax advice and strategy to a wide range of clients, from individuals and start-up businesses to agribusinesses, corporations, and non-profits. We advise our clients on tax planning issues involving business transactions, real estate transactions, debt offerings, restructurings, and other corporate and commercial transactions, plus the formation, reorganization, and liquidation of corporations, partnerships, limited liability companies, and trusts. We work on all levels of the federal tax audit process, from the initial audit to the administrative review and the tax court and appellate levels. We can also help you resolve other tax disputes before local, state, and federal agencies and various courts, including income, earnings, sales/use, property, estate, excise, and other taxes. Some other tax advice areas we can help you with include: