Taxation Law
Day Ketterer's tax attorneys are trained to examine each client's unique situation and apply their extensive experience in all areas of federal, state and local tax. Our attorneys regularly counsel companies in the areas of tax disputes, compensation plans and retirement plans, business succession and tax and accounting malpractice situations, in addition to individual income tax matters.
We can provide advice on how to deal with:
- IRS Summons issued to taxpayer pertaining to IRS Form 940 and 941 liabilities
- IRS levy served upon wages
- Priority issue between purchase money mortgage v. federal tax liens
- Tax issues related to possible settlement involving breach of contract and other causes of action
- Preparing and filing Application for Discharge of federal tax lien
- Federal income tax treatment of 401(k) distribution which client received from her brother's employer upon his death
- Beneficiary designations
- 501(c)(7) tax exempt organization concerning whether certain activities would jeopardize exempt status
- IRS lien release and/or lien subordination to facilitate a possible new loan
- IRS Audit of federal income tax return
- Failure to file federal income tax returns for 2002-2006
- Offer in Compromise to the IRS
- Negotiating payment agreement with IRS Revenue Officer
- Tax issues and consequences for sale of business asset
- Tax-wise asset protection techniques
- Use of Delaware Business Trust
- Business and tax planning advice for company that is setting up new operations out of state
- Purchase of assets from tax exempt entity
- Tax issues related to divorce proceedings and formulating an appropriate plan of action
- Tax advice to local homeowners association
- Tax free exchange under Internal Revenue Code §1033
- Assisting tax exempt organization with tax issues and opinion letter related to issuance of tax exempt bonds
- Tax issues and concerns related to seizure of business by secured creditor
- Pension plan claims and litigation
- Tax issues related to sale of real estate by §501(c)(7) tax exempt organization
- Tax issues related to the possible sale -lease back of one of its pieces of real property
- Family limited partnership
- How to handle an audit including issues of overseas income earned by taxpayer
- IRS tax levy
- Federal tax issues related to taxpayer's mother's investment which was erroneously placed in an IRA
- Payroll tax liabilities.
- Tax problems related to minor son who inherited his aunt's qualified plans
- Tax exemption for a non profit musician's organization
- The most tax-wise way to closing a company with payroll tax liabilities
- Use of deferred compensation arrangements in lieu of bonuses
- Tax problem with the IRS and return preparer firm
- Procedural questions related to proposed assessment of civil trust fund recovery penalty by the IRS under 26 U.S.C. §6672
- Withholding issues related to tips collected by hairdressers who are employees of the shop
- Employer response to IRS notice of levy to collect tax liabilities of an employee
- Tax issues and concerns related to sale of stock in closely held company
- Sale of assets to public utility
- Tax issues and concerns related to the sale of some property under threat of eminent domain
- Tax issues related to possible donation of real estate and whether IRS private letter ruling procedure is available to address valuation issues
- Receipt of a land donation
- Withholding tax liabilities
- Dependency exemptions to be claimed on federal income tax returns
- Cooperative use agreement between exempt organization and the State of Ohio
- Employment contract provisions
- Discharge of indebtedness income issue
- Federal income tax issues related to early withdrawal from IRA
- Response to U.S. Department of Labor audit of qualified plan
- Income tax issues related to spousal support
- Public disclosure requirements of 26 U.S.C. §6104
For more information contact Matthew Yackshaw, Day Ketterer's Taxation Law Group Chairperson, at 330.458.2180 or myackshaw@day-ketterer.com.