Due to the large potential liability involved, businesses should seek tax advice from experts in this highly specialized area.
Hallstrom, Klein & Ward, LLP is honored to have Cheyanna Jaffke as Of Counsel to the firm on tax matters. Ms Jaffke is a professor of law at Western State University College of Law. Additionally, the firm’s managing partner was awarded a certification for completion of his law school’s Emphasis Program in Taxation, and served as the CFO of a high tech firm. Also, one of the firm’s other partners worked as an attorney for the IRS for a period of time.
We provide a myriad of clients, such as developers, technology companies, and entrepreneurs, with sophisticated strategic planning, advice and representation regarding a wide range of simple and complex tax matters, including:
- Entity formation
- Mergers and Acquisitions
- Business transactions and operations
- Employment issues
- 1031 exchanges and other real estate transactions
- State and local taxes
- Representation at tax audits and tax court
- Estate Planning
Entity formation
We advise businesses and individuals on the tax issues involved in structuring organizations, whether they are partnerships, limited liability companies or corporations. We are experienced in providing start-up and early-stage companies with tax planning that reaps significant benefits as the business matures.
Mergers and Acquisitions
The attorneys at Hallstrom, Klein & Ward, LLP are adept at coordinating their combined knowledge of tax, corporate and securities laws to benefit our clients with their mergers and acquisitions.
Business transactions and operations
The firm’s attorneys are not only skilled at negotiating and structuring deals for a broad range of business transactions, they are also aboe to address various tax issues involved, with the dispositions of assets, restructuring organizations, inter-company transactions, financing, leasing, income and loss allocations, basis adjustments from liability allocations, withholding taxes, employee benefits, contracts and other corporate transactions, along with general operational tax advice. We also have experience in dealing with the incentives offered businesses operating within the Los Angeles or Santa Ana empowerment zones.
We are also able to represent our clients in obtaining favorable administrative rulings from the IRS and various state tax authorities so that our clients may know in advance how the government will handle a particular situation that is currently unclear.
Employment issues
The firm has the resources, either internally or through its Of Counsel relationships, to assist its business clients in dealing with employment matters such as the design and administration of qualified employee benefit plans and other ERISA matters.
1031 exchanges and other real estate transactions
In addition to regularly providing counsel to our clients regarding real estate acquisitions, joint ventures, financings and leases, we also are able to assist our clients to comply with the rules required for 1031 tax deferred exchanges.
State and local taxes
We also help our clients deal with state and local tax matters, such as sales and use taxes, employment withholding taxes, franchise and income taxes, and real estate taxes.
Litigation and Dispute Resolution
The firm represents clients at tax audits, dispute resolution proceedings in administrative tribunals, administrative appeals, and litigation at the trial and appellate levels. We are able to help clients resolve tax controversies before the Appeals Office of the IRS, the Tax Court, the U.S. Court of Federal Claims, and other state and federal trial and appellate courts.
We strive to help our clients understand the proceedings and evaluate the strengths and weaknesses of their case so that they can properly evaluate their options, and then we skillfully advocate their position while we pursue the favorable results desired.
Estate Planning
We assist clients with personal wealth management and family estate planning, trusts, and Trusts and other tax planning matters.
