Both the timing and the amount of taxes can be changed through good planning and implementation. Philosophically, James Oberholtzer, Chartered believes “it is a gift to be simple” and strives for the virtues of a simple solution with the rare exception where complexity serves an essential purpose.

Services

• Tax plans for income and estate taxes for closely held companies and their owners in publishing, software, other services and manufacturing businesses ranging from $5 million to $100 million in sales
• Tax returns for partnerships, corporations, estates, trusts, charitable organizations and individuals
• 1031 Like Kind Exchange transactions for rollover of real estate holdings ranging in value from $1 million to $10 million
• Executive and employee compensation including federal and state tax planning and related disclosures, as well as the design and negotiation of employment agreements
• Profit sharing, cafeteria and other fringe benefit plans; non-qualified deferred compensation plans for executives and funding and securing such plans, including rabbi trusts, secular trusts, and split dollar life insurance
• Defend returns with the IRS and negotiate offers in compromise as well as installment agreements
• Dispute resolution within the Internal Revenue Service with respect to both corporate and individual taxpayers regarding return positions and refund claims, including negotiation and settlement at the audit level, protests and conferences at the appeals level, and requests for technical advice at the National Office level

Examples of Tax Representations

• Sale of 16 senior care facilities in 4 states with diverse owners, termination of legal entities and 1031 LKE issues;
• Estate and succession planning for $200 million family owned business
• $3 million offer in compromise and preparation of 5 years past due tax returns for client with failed real estate projects;
• Obtain 501(c)3 recognition for community based charitable organization;
• LLC operating agreements for businesses (ranging in value from $3 million to $28 million) for compliance with Internal Revenue Code requirements;