Business/Tax Planning and Structuring

Partnership Tax

With twenty years of concentrating in partnership tax, we are comfortable in any area of partnership tax including:

Choice of entity;
Formation;
Operations;
Maintenance of 704(b) capital accounts;
Allocations of liabilities into basis of partnership interest;
Transactions between partners and the partnership;
Sale of a partnership interest;
Distributions of property;
International rules with partnerships; and
Publically Traded Partnerships and analysis of qualifying income.

International Tax

Our legal service offerings include advice and planning related to international tax including:

Tax Exemption Organizations

Our service offerings include advice and planning related to tax exempt organizations including:

Formation considerations for the different 501(c) entities;
Fiduciary obligations and duties;
Advice and planning for public charities and private foundations;
Private inurement;
Evaluation of unrelated business activities;
Planning considerations to prevent loss of tax status;
Effects of changes in operations;
Annual reporting rules;
The use of for-profit subsidiaries;
Various non-501(c) entities; and
Various other non-profit tax matters.

Corporate Tax

Our legal service offerings include advice and planning related to all facets of corporate tax including:

Choice of entity;
Corporate formation and capital structure;
Distributions;
Redemptions and partial liquidations;
Advising on stock dividends and the operations of preferred stock bailout under Section 306;
Complete liquidations;
Taxable acquisitions;
Tax free reorganizations;
Carryovers of corporate attributes; and
All facets of S corporations.

Oil & Gas Tax

With ten years concentrating on oil and gas tax at the big law firms in Houston, TX, we are comfortable in any legal area of oil and gas tax. Some of our law firm's offerings include:

Tax Accounting

Our service offerings include advice and planning related to all facets of tax accounting including:

Business & Tax Planning and Structuring

Partnership Tax

International Tax

Tax Exemption Organizations

Corporate Tax

Oil & Gas Tax

Tax Accounting

Practice Areas

Dallas & Fort Worth

Tyler & East Texas