Strategic Tax Planning For Your Business

If you own a business or are planning to start one, you would do well to find an attorney who can help you with strategic tax planning. It’s important to have the help of an attorney because your business is an entity that is, most likely, in continuous flux. What may have been true about your business and your assets and liabilities, your bottom line, etc. on the day you founded it, is not true a year, two years, ten years later. Your needs change, your opportunities change and with that change, you will need to make different determinations about tax planning. It gets very complicated and getting expert help is a necessity.

Further, it’s not only your business that is changing. Tax laws can change, be modified, new laws come into existence and old laws are abolished. Regulatory authorities are constantly issuing new rulings, guidelines, and other types of mandates. In addition, the economic situation in your community is also always transforming and shifting, growing, or shrinking. This means that the availability of capital, the supply and demand chain, the confidence of customers–all these things can impact your business, your finances, and your tax planning.

At Alpina Legal, we’re here to help you ensure that your business conforms to the tax codes in our state, and that your business meets all of its obligations, tax-wise. In this way, we help you avoid liability, and at the same time, we enable you to have more resources available to allocate in the ways you see fit–for example, growing your business.

We’ll ask detailed questions about your business in order to get a good sense of where we can help you. We may be able to help you find tax credits you were unaware of. We can help you decide whether to set up a trust. We can help you find ways to shift or offset tax consequences. These are just a few example of how we can help you when it comes to strategic tax planning. Give Alpina Legal a call; we provide affordable consultations.