Business Planning, Organization, and Tax Planning
I provide Business Law services for both current and prospective business owners. In Connecticut, Attorneys fulfill a variety of roles to makes sure that business transactions go smoothly. Most of the time, whether you are starting a new organization, planning for expansion, or looking for the most tax-beneficial structure for a current or new business, an attorney can provide valuable advise on how to proceed.
G&G Law, LLC is a General Practice firm, with a focus on tax issues. My tax focus allows me to give my clients the advise they need to structure transactions in the most tax-beneficial possible. Some of the services provided by the G&G Law, LLC:
What is the best business entity to form when starting a new business? If your goal is to limit your liability, then an LLC, an LLP or a Corporation are probably the best entities to consider. Sometimes, though, the additional paperwork is more of a hassle than it is worth. Depending on what your goals are – it may not be necessary to file anything with the Secretary of State. If your business plan requires incorporation or organization in the form of another limited liability vehicle, I suggest that you have an attorney work with you to make sure that everything is handled and filed properly. A poorly organized limited liability vehicle is hardly worth the headaches that come with it – because a poorly organized business entity might not provide you with the protection you are expecting. Give me a call today so that we can schedule a meeting to discuss your options.
If you have an existing Business, do you have a plan for growth and continuity? A Business Planning Attorney can assist you with taking the proper steps to make sure that your business keeps making you money even if you can no longer operate it. Documents like buy-sell agreements and other succession plans are necessary to insure that all of your hard work does not disappear when you become incapacitated or are otherwise unable to run your business. Whether you are looking to sell an existing business, or plan for an exit strategy, I can assist you and make sure that you take the proper steps to ensure a smooth transition.
New or old, every business can benefit from the correct tax treatment. Law Office of Thomas S. Groth, LLC provides business owners with the advice they need to make informed decisions on day-to-day or one-time business transactions with tax implications. Would your business benefit from an audit of its financials and previous tax returns to make sure that all deductions and credits are being taken advantage of? Would you like to know if you could reduce your tax burden by restructuring your company? Give me a call today and we can schedule a time to sit down and have a productive conversation about tax strategies that will save you money now and in the long run.
Business contracts can be tricky. Before signing a contract, it is advisable to have an attorney review the contract for any potential issues and to make sure your rights are protected. I provide a contract review service where I will “translate” contracts into plain English and explain the impact of the contract on the business and business owner. Pricing will vary based on the length of the contract. Contact me for more details.