TAX STRUCTURING AND DUE DILIGENCE

When business owners prepare for an acquisition, disposition, or restructuring, the attorneys at Dilendorf Law Firm can ensure the deal structured appropriately and with tax due diligence. Our tax planning team will assess the numerous complex taxation issues that could arise from the transaction. These experienced attorneys are skilled at tax due diligence, which is primarily used on the buy-side of a business transaction to uncover potential tax exposures.

Business transactions are often conducted on tight timetables, leaving a very small window of time to consider the potential tax implications.  Acquisition structures across a variety of industry sectors and jurisdictions may further complicate the process, making it even more important to have a tax expert working behind the scenes.

What is included in Tax Structuring and Due Diligence services?

Tax due diligence and structuring is a complex process with many moving parts, all of which require a skilled hand. Every transaction will present new tax opportunities and challenges. Our tax practice and advisory services are uniquely qualified to meet the specific needs of our clients, whatever they may be.

In order to cover tax diligence completely, one must do more than review tax returns. Sales and use taxes, employment and payroll taxes, foreign tax credit issues, equity compensation plans, non-tax documents, board meeting minutes, financial statements and many more documents must be reviewed in detail.

The importance of Tax Due Diligence

The need for tax due diligence and a proper tax review is sometimes overlooked by buyers focused on quality of earnings analyses or other non-financial diligence items. When one considers the growing complexity of federal, state, and local tax laws and the myriad taxes imposed on businesses, combined with the vigorous enforcement by taxing authorities, it can add up to a very risky investment.

Our tax planning advisors use the information gathered through our due diligence checklist to provide clients with an informative and forward-thinking strategy. Even the most experienced business owners have come to rely on the attorneys at Dilendorf Law Firm to ensure each acquisition is structured to their benefit.

Resources:

• Tax Strategies  for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings 2019
• Withholding of Tax on Nonresident Aliens and Foreign Entities
• The I.R.S. and the Foreign Tax Credit: The Restrictive View of Revenue Ruling 78-61
• IRS Update on Audits
• Tax Audits: Triggers and Tips – Internal Revenue Service
• What to Expect When You Are Selected for an Audit
• Audit Techniques Guides (ATGs)
• Understanding Tax Return Preparer Credentials and Qualifications