TAX PLANNING

Lauer Law offers a comprehensive array of tax planning and related services that can be individually customized. Lauer Law has helped many estate, business, and individual clients minimize taxes and preserve assets with proper tax planning strategies.

Estate and Gift Tax Planning

Although some of our clients may not think that they are “wealthy” enough to have an “estate” tax , if they have bank accounts, hold the title to real estate, or have life insurance policies, they have assets to be preserved and protected from estate and gift taxes. Lauer Law can help clients minimize gift and estate tax with the use of appropriate tools such as:

  • Credit Shelter Trusts

  • Marital Trusts

  • Irrevocable InsuranceTrusts

  • Charitable Gifts and Trust

  • Family Partnership and Limited Liability Companies (LLC)

  • Gifts within the annual exclusion and the unified credit

Read more about Estate and Gift Tax services here.

Income Tax Planning for Business

Lauer Law assists our clients to structure their business to minimize income and estate taxes. By reducing a client’s taxes, we provide additional funds for investments, business growth, equipment purchases, or other operating expenses. Lauer Law works with its business clients to determine:

  • The best legal structure for the company, whether it is a partnership, sole proprietorship, limited liability company, or “S”or “C” corporation

  • Appropriate accounting and inventory valuation methods

  • Suitable benefit and retirement plan packages

Income Tax Planning for Individuals

The federal tax code provides deductions to taxpayers including the following:

  • Business travel expenses

  • Real estate taxes and interest on mortgages and student loans

  • Retirement contributions

  • Heath savings accounts

  • Job search expenses

  • Capital losses

  • Alimony payments

Knowing the income tax deductions that are available to taxpayers and when they may be taken can help taxpayers reduce their tax liability. Lauer Law’s experience in taxation will ensure that you minimize your estate, gift and income taxes.

 

The attorneys at Lauer Law, P.A. can help you with tax planning strategies that minimize your payments and protect your and your family’s assets. For an initial consultation, call Lauer Law, P.A. at (772) 234-4200, or complete our convenient contact form.