Tax
Tax planning connected to business transactions, personal decisions, ownership, and wealth transfer.
Tax
Tax planning connected to business transactions, personal decisions, ownership, and wealth transfer.
Tax
Tax planning connected to business transactions, personal decisions, ownership, and wealth transfer.
The offer is the same. What you keep may not be.
You are comparing two ways to sell a business. The headline price is similar. The assets being sold, payment timing, retained interests, and continuing obligations differ.
We work with your tax and financial advisers to understand those differences, identify the questions that need analysis, and connect the proposed legal structure to the result you are trying to achieve. The useful moment is while you can still negotiate the terms.
The offer is the same. What you keep may not be.
You are comparing two ways to sell a business. The headline price is similar. The assets being sold, payment timing, retained interests, and continuing obligations differ.
We work with your tax and financial advisers to understand those differences, identify the questions that need analysis, and connect the proposed legal structure to the result you are trying to achieve. The useful moment is while you can still negotiate the terms.
The offer is the same. What you keep may not be.
You are comparing two ways to sell a business. The headline price is similar. The assets being sold, payment timing, retained interests, and continuing obligations differ.
We work with your tax and financial advisers to understand those differences, identify the questions that need analysis, and connect the proposed legal structure to the result you are trying to achieve. The useful moment is while you can still negotiate the terms.
Planning for the business and the person
Planning for the business and the person
Planning for the business and the person
Review how the legal structure, tax classification, owners, and intended activity fit together. Assess a proposed formation, conversion, or reorganization in that context.
Review how the legal structure, tax classification, owners, and intended activity fit together. Assess a proposed formation, conversion, or reorganization in that context.
Review how the legal structure, tax classification, owners, and intended activity fit together. Assess a proposed formation, conversion, or reorganization in that context.
Address transaction structure, purchase-price allocation, deferred payments, retained interests, and tax provisions in the proposed agreements.
Address transaction structure, purchase-price allocation, deferred payments, retained interests, and tax provisions in the proposed agreements.
Address transaction structure, purchase-price allocation, deferred payments, retained interests, and tax provisions in the proposed agreements.
Examine legal arrangements around distributions, ownership changes, and access to sale proceeds alongside the relevant tax advice and financial assumptions.
Examine legal arrangements around distributions, ownership changes, and access to sale proceeds alongside the relevant tax advice and financial assumptions.
Examine legal arrangements around distributions, ownership changes, and access to sale proceeds alongside the relevant tax advice and financial assumptions.
Work through significant income, investment, property, or ownership decisions, including matters for individuals with substantial or complex assets.
Work through significant income, investment, property, or ownership decisions, including matters for individuals with substantial or complex assets.
Work through significant income, investment, property, or ownership decisions, including matters for individuals with substantial or complex assets.
Connect proposed transfers with control, family objectives, business agreements, and estate planning.
Connect proposed transfers with control, family objectives, business agreements, and estate planning.
Connect proposed transfers with control, family objectives, business agreements, and estate planning.
Agree on who handles legal analysis, financial modeling, valuations, elections, and return preparation so the plan has clear responsibilities.
Agree on who handles legal analysis, financial modeling, valuations, elections, and return preparation so the plan has clear responsibilities.
Agree on who handles legal analysis, financial modeling, valuations, elections, and return preparation so the plan has clear responsibilities.
Different decisions call for different analysis.
The name of an entity does not answer every tax question. For example, an LLC may elect corporate tax treatment, with applicable federal and California requirements. The legal structure and tax classification need to be considered together. California FTB guidance on LLCs taxed as corporations.
In applicable business asset sales, allocation of the price among assets affects the tax analysis. That makes the allocation and supporting facts part of the transaction discussion. IRS business-sale guidance.
For personal transfers, giving money or property can raise federal gift-tax questions even though no sale occurs. The amount, type of property, parties, and applicable rules need review. IRS gift-tax guidance.
Different decisions call for different analysis.
The name of an entity does not answer every tax question. For example, an LLC may elect corporate tax treatment, with applicable federal and California requirements. The legal structure and tax classification need to be considered together. California FTB guidance on LLCs taxed as corporations.
In applicable business asset sales, allocation of the price among assets affects the tax analysis. That makes the allocation and supporting facts part of the transaction discussion. IRS business-sale guidance.
For personal transfers, giving money or property can raise federal gift-tax questions even though no sale occurs. The amount, type of property, parties, and applicable rules need review. IRS gift-tax guidance.
Different decisions call for different analysis.
The name of an entity does not answer every tax question. For example, an LLC may elect corporate tax treatment, with applicable federal and California requirements. The legal structure and tax classification need to be considered together. California FTB guidance on LLCs taxed as corporations.
In applicable business asset sales, allocation of the price among assets affects the tax analysis. That makes the allocation and supporting facts part of the transaction discussion. IRS business-sale guidance.
For personal transfers, giving money or property can raise federal gift-tax questions even though no sale occurs. The amount, type of property, parties, and applicable rules need review. IRS gift-tax guidance.
Put the analysis into the plan.
Depending on your matter, the agreed work may include:
A written analysis of identified legal and tax issues.
Comparison of proposed structures and their relevant assumptions.
Tax provisions in purchase, ownership, or transfer agreements.
Documents implementing the agreed legal arrangements.
An action list identifying elections, filings, valuations, or further advice needed, with responsibility assigned.
We explain the reasoning, dependencies, and open questions. The aim is a decision informed by the full arrangement, with the legal documents and your advisers working from the same facts.
Put the analysis into the plan.
Depending on your matter, the agreed work may include:
A written analysis of identified legal and tax issues.
Comparison of proposed structures and their relevant assumptions.
Tax provisions in purchase, ownership, or transfer agreements.
Documents implementing the agreed legal arrangements.
An action list identifying elections, filings, valuations, or further advice needed, with responsibility assigned.
We explain the reasoning, dependencies, and open questions. The aim is a decision informed by the full arrangement, with the legal documents and your advisers working from the same facts.
Put the analysis into the plan.
Depending on your matter, the agreed work may include:
A written analysis of identified legal and tax issues.
Comparison of proposed structures and their relevant assumptions.
Tax provisions in purchase, ownership, or transfer agreements.
Documents implementing the agreed legal arrangements.
An action list identifying elections, filings, valuations, or further advice needed, with responsibility assigned.
We explain the reasoning, dependencies, and open questions. The aim is a decision informed by the full arrangement, with the legal documents and your advisers working from the same facts.
Related practices
Related practices
Related practices
FAQ
FAQ
FAQ
Yes. Tell us who is involved and what they are handling. We can coordinate the agreed legal work with their analysis and identify where further modeling or specialist advice is needed.
No. Individuals can bring personal tax and wealth-transfer decisions, including those involving property, investments, or a significant change in circumstances. Business ownership is not a prerequisite.
We can assess what has happened and which questions remain open. The relevant dates and signed documents are useful background for that assessment. The available choices depend on the facts and the rules that apply.
Start through Submit a matter with a short description of the notice and any response date. The notice is useful background for review. This page describes planning work; any agency representation or tax controversy needs its own scope assessment.
Your introduction to Cove
Start with a conversation about what you need.
If you decide to move forward, we’ll agree on the work and its fixed fee before we begin.
Have a particular matter in mind? Tell us about it.
Share what you’re working through or working toward.
Send relevant documents ahead of time so we can come prepared.
Your introduction to Cove
Start with a conversation about what you need.
If you decide to move forward, we’ll agree on the work and its fixed fee before we begin.
Have a particular matter in mind? Tell us about it.
Share what you’re working through or working toward.
Send relevant documents ahead of time so we can come prepared.
Your introduction to Cove
Start with a conversation about what you need.
If you decide to move forward, we’ll agree on the work and its fixed fee before we begin.
Have a particular matter in mind? Tell us about it.
Share what you’re working through or working toward.
Send relevant documents ahead of time so we can come prepared.