Business Tax Planning
Structuring a business and its owners' affairs so that tax is planned, not merely reported.
Tax compliance looks backward; tax planning looks forward. KPLAN Law Group advises closely held businesses on the decisions that determine their tax result before the year closes: entity structure and elections, reasonable compensation for owners, retirement plan design, the treatment of real estate held alongside the business, and multi-state nexus as the company grows.
Our founder's dual license as an attorney and CPA allows the firm to give advice that is both legally privileged and technically grounded in the Internal Revenue Code and California tax law. Where a matter requires an opinion, a private letter ruling request, or representation before the IRS or the Franchise Tax Board, we handle it directly.
We coordinate closely with KYJ, LLP so that planning is reflected accurately on the returns, and so that questions raised in the course of preparing returns are answered with legal analysis when they need it.
How we help
- Entity structure reviews and S corporation, partnership, and C corporation planning
- Owner compensation, distributions, and retirement plan design
- Qualified business income (Section 199A) and pass-through entity tax elections
- Multi-state nexus, apportionment, and California-specific issues
- Tax opinions and IRS and FTB audit representation
- Coordination of planning with return preparation at KYJ, LLP