Virtually all significant business transactions raise tax planning issues. Neal, with the knowledge
of both an accountant and attorney, works closely with his clients to ensure that the transactions
in which they are involved, are structured in the most tax advantageous manner, taking into
account, all Federal, California and local tax aspects.
Neal has significant expertise in structuring major corporate acquisitions and dispositions,
including stock and asset transactions and taxable and tax-free mergers and other reorganizations,
and in structuring or restructuring complex corporate financing transactions.
In the real estate arena, Neal has been involved in structuring all forms of real estate acquisitions
and dispositions, including tax deferred sales and exchanges involving single family, multiple
units, apartment complexes, shopping centers, commercial, industrial buildings, including
structuring complex real estate financing transactions.
Neal is still involved with advising employers regarding the design, operation and termination of
various types of employee benefit plans. These types of plans include tax-qualified retirement
plans, such as pension (defined benefit plans or defined contribution plans), profit sharing,
employee stock ownership and section 401(k) plans. Neal also advises employers on executive
compensation matters, such as stock options and deferred compensation. In addition, Neal
assists employers with respect to various welfare plans, including cafeteria plans and self-funded
medical benefits.
Neal also represents his clients in Internal Revenue Service and Franchise Tax Board audits and
administrative appeals, requests for private rulings and other tax compliance matters.
Individual/corporate tax planning: Neal advises clients on the tax consequences
relating to regular operations activities such as
employment matters, real estate leasing, stock
options and other stock offerings,
shareholder/corporate buy-sell agreements and other
transactions between shareholders and corporations.
Joint ventures and partnerships: Neal counsels his clients on the overall tax
considerations of structuring joint ventures and
partnerships, including the tax consequences of
contributions of assets to such entities, allocation of
tax benefits among the joint venturers and partners,
and the tax consequences of the distribution of
assets among joint venturers and partners during
operations and at termination of the business
venture.
Corporate reorganizations: Neal advises his clients on the tax consequences
resulting from various types of business
combinations and from the internal corporate and
shareholder restructuring.
Business acquisitions and dispositions: Neal is involved with structuring transactions
involving the acquisition or disposition of business
and real property to best plan for possible deferral
of taxable income, recognition of taxable income
among assets being disposed of, and allocations of
purchase price among assets being acquired.
Sales and Use tax:
Local municipal tax:
Real and personal property taxation:
Estate planning and probate administration, including estate tax and family wealth planning
analysis, and the preparation of wills and trusts.
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