Polsinelli's Tax attorneys have great depth and experience assisting clients with tax planning strategies to address the tax consequences of a variety of business transactions. We guide clients through the business and tax aspects of business transactions, including:

  • Structuring tax-free acquisitions/dispositions
  • Structuring taxable acquisitions/dispositions for tax optimal results
  • Working with clients to effect tax-free corporate separations (i.e., spin-offs, split-offs and split-ups)
  • Utilizing “F” reorganizations to effectuate acquisitions/dispositions involving S corporation targets
  • Structuring and negotiating tax aspects for real estate funds, all forms of private equity funds, including SBICs, hedge funds and a wide variety of joint ventures, partnerships and LLCs
  • Assisting with “choice of entity” decisions, enterprise growth matters and exit considerations
  • Restructuring debt and equity
  • Capital raising
  • Incentivizing service providers with equity interests and related rights (i.e., stock options, restricted stock and profits interests)
  • Minimizing the tax implications of receiving governmental incentives
  • Developing fractions rule compliant structures
  • Arranging joint ventures and partnerships to minimize unrelated business taxable income
Publications
Update: Three Significant Takeaways from the Tax Cuts and Jobs Act
Update: Three Significant Takeaways from the Tax Cuts and Jobs Act This update to our Tax Alert on Nov. 2nd describes additional key provisions in the “Tax Cuts and Jobs Act” (H.R. 1), released by the Chairman of the House Ways and Means Committee on Nov. 2nd, as well as the Chairman’s substitute of the tax bill released on Nov. 3rd. 45.6% Tax Bracket: First, the Bill contains a “bubble” tax that will result in high-income taxpayers paying a 45.6 percent tax rate on a portion of their taxable income above $1 million. Although all taxable income more than $1 million is subject to a 39.6 percent marginal tax rate, the Bill imposes an additional 6 percent tax on taxable income between $1
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House Releases Tax Bill: Talking Points and Takeaways
House Releases Tax Bill: Talking Points and Takeaways On November 2, 2017, the House Ways and Means Committee released the “Tax Cuts and Jobs Act” (H.R. 1). Key elements include reducing the tax rate on corporations to 20%, and reducing the tax rate paid on income earned by pass-through entities (partnerships and most limited liability companies) to 25%.  For individuals, the bill would eliminate the alternative minimum tax and phase out the estate tax over six years.  The bill would also eliminate the deduction for state and local taxes, but preserves the deduction for property taxes up to $10,000. A more detailed explanation of the proposed changes is below. Effective Date The President’s goal is to sign the bill by Christmas. The House
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