We help our clients plan, structure their businesses, and prepare their tax returns in a way that minimizes their tax liability and maximizes tax savings. Similarly, we assist our clients in minimizing taxes on their worldwide income and allowing them to utilize the maximum foreign tax credits on their foreign income. We also assist our clients with tax compliance, withholding and reporting requirements, for both domestic and foreign corporations, partnerships, and individuals.
We assist our clients with any tax issues they may have with the IRS or any other tax authorities. We also represent them in all tax audits, at the IRS level or state level, and, if necessary, also represent them at the appeals level. Furthermore, we work with prestigious tax attorneys and assist them in preparing for tax court cases when the client desires to litigate their tax issue.
We prepare audited, reviewed, and compiled financial statements for our clients’ business or organization; for various purposes such as financial reporting, compliance, budgeting, internal control etc. We ensure that the financial statements are accurate, complete, comply with covenants and ratios required and are in accordance with the applicable accounting standards and principles. We also have connections with lenders and assist our clients in obtaining financing and lines of credit.
We help our clients structure the purchase or sale of a business to maximize tax savings and facilitate smooth transitions. Our experienced team evaluates every aspect of the transaction to create a customized, tax-efficient plan, tailored to their financial and personal goals. Whether selling a business they built or acquiring a new venture, we will guide them through strategies that minimize income tax liabilities while protecting their succession and estate planning interests. This includes evaluating the most effective deal structures, identifying beneficial tax deferral options, and advising on capital gains and estate tax implications.
We have experience and knowledge in dealing with international tax matters, such as US tax due on foreign income, foreign tax credits, transfer pricing, withholding taxes, treaty benefits, and reporting requirements etc. Together with our counsel of international tax attorneys with whom we have built close relationships, we advise our clients how to structure their foreign investments considering the GILTI rules that affect US shareholders of controlled foreign corporations, foreign tax credits available and other foreign considerations.
We help our clients plan for the future of their families and assets by structuring succession planning. Together with our network of estate and trust attorneys, we help them create and administer trusts and wills to minimize estate taxes and fulfil our clients’ wishes. We also help them with estate, trust and gift tax returns, probate, trust administration, etc. Together with foreign attorneys, we assist our clients who own foreign assets and foreigners who own US assets with their estate planning. We also assist our clients in ensuring that their estate planning conforms with halacha, for those who wish to do so.
Copyright Weiss & Company LLP. All Rights Reserved. Powered by nextbracket.io