Lowe counsels private and public companies on optimizing their employee benefits and executive compensation arrangements. Christensen counsels high net worth clients on tax and estate planning matters, helping them customize effective solutions to manage wealth. Jack assists high net worth individuals and families navigate complex tax and estate planning matters, helping clients understand the importance of proactive planning to preserve and protect private wealth. A former IRS attorney, Nash provides clients with practical solutions involving tax exempt organization, formation, and operation.
Understanding Private Client Taxation
With the tax and economic landscape continuously changing, tax reporting is becoming increasingly complex. You need a dedicated and experienced team of private client advisors who understand the wide range of tax, accounting, and business matters impacting your business and personal growth goals and can help you achieve your financial objectives.
Understanding the nuances of the varying business and professions that generate wealth for our clients puts us in tune with their individual needs and requirements. Our diverse private clients include legal and medical practice professionals, family offices, and many highly successful individuals in finance, fashion, sports, popular culture, and arts and entertainment.
CohnReznick provides specialized tax planning and compliance services to help you keep pace with changing tax regulations and minimize your tax burdens. Our private client tax services encompass income and business tax planning and preparation, payroll taxes, property and other state and local taxes, tax deferral programs, and advising on tax credits and other incentives. We help private businesses, individuals, and family offices assess their tax situations on an annual basis while implementing asset protection strategies, wealth transfer programs, and inheritance planning procedures.
For private clients, the need for specialist tax advice has never been greater. Around the world, legislation is becoming more complex, tax authorities are hardening their attitudes to tax planning and there is an increased risk of investigation.
Private bankers are financial professionals who provide concierge banking services. They are experts on the benefits a private bank can offer. They also know how to navigate channels and advocate for clients when necessary.
Commercial banking provides financial services to corporations, municipalities, nonprofit organizations and other institutions. Private banking offers personal services to individuals or families. Private banking may include business services, including succession planning and commercial loans for private clients who operate a business.
Possess a firm understanding of accounting, tax, partnerships, trusts, estates, private foundations (including charitable giving), individual taxation, state & local taxation, private equity, FLPs and hedge funds. Familiarity with foreign trusts is a plus.
Our Private Client Group counsels individuals and families on domestic and cross-border tax and estate planning issues, including the use of trusts, partnerships, corporations, foundations and wills and the application of tax treaties. We also represent domestic and international clients in disputes with the IRS regarding their income, estate, gift, and generation-skipping transfer tax liabilities. We help individuals with their tax compliance issues, including pre- and post-immigration issues for international clients. We are one of the few firms with a focus on expatriation. Our attorneys draw upon their vast experience both in private practice and in government service to bring a uniquely informed perspective to our representations.
External Description:Description & RequirementsFORVIS' Private Client tax advisors provide sophisticated tax compliance, consulting, and planning services to individuals, multi-generational families, fiduciaries, and more. Our professionals include CPAs and JDs. Partnering with our financial planners, Wealth Strategists, and Innovation teams expands your flexibility to help clients grow, preserve and protect wealth. The Tax Leader serves as a trusted advisor and member of various client service teams and must possess significant knowledge of taxation compliance and consulting related to personal, partnership, trust, estate, gift, wealth retention strategies as well as charitable entities managed by ultra-high net worth clients. The Private Client Tax Leader participates in client development, and team management, and conducts research to be current as a subject matter expert. How you will contribute:
We understand that private client affairs and associated personal tax issues can be complicated, and that numerous taxes can apply - from income tax, capital gains tax (CGT) and inheritance tax (IHT), to corporate tax and stamp duty land tax to name but a few.
Wealthy individuals strive to make the necessary tax payments in order to stay on the right path with Uncle Sam. Due to often having multiple streams of taxable income, clients want to choose the most efficient tax plan that will save them money and still comply with the authorities. A small difference in tax can bring huge differences in after-tax earnings, and a private wealth manager who understands tax regulations can help the client choose the most favorable tax combination. The private wealth manager can also advise on inheritance tax, where the client possesses inherited property or has passed some of their estate to other family members.
Most private wealth management groups operate as small segments within large financial institutions and are designed to offer specialized wealth management to individuals. They sell proprietary and non-proprietary investment products and services to high-net-worth individuals to help grow their assets and provide for future generations. The private wealth management segment is usually comprised of a variety of specialists who can offer advice on diverse types of investments such as hedge funds, money markets, private equity, and other types of investments. Independent wealth managers leverage their expertise in risk management, tax, and estate planning to manage the wealth of their HNWI clients.
We counsel our clients in virtually every facet of federal, state, local and international taxation, including matters that involve partnerships, corporations, individuals, trusts, estates and tax-exempt organizations.
Florida is the gateway for investment and business from Latin America, Europe, and the Caribbean. The attorneys in our taxation practice are well-positioned to provide effective and efficient representation. With one of the largest taxation practice groups in Florida with international tax expertise, we assist foreign clients in structuring their U.S. investments and represent domestic clients involved in all types of international transactions, including:
We work with families to gain a working knowledge of their business, understanding there is no one-size-fits-all succession plan. We then partner with our clients and their advisers to craft a succession plan that takes into account ongoing cash flow needs, management continuity, credit facility concerns, tax considerations and family harmony.
Withum offers you personalized financial consulting across multiple disciplines with a single contact. Our suite of private client services are tailored to meet your individual and business goals and objectives. These private client advisory and consulting services include everything from family office services and estate planning to tax preparation and wealth management.
Philanthropic financial planning is an important part of wealth management. Our private client services team helps you meet your charitable goals, so you can continue to have a positive, enduring impact on the causes you care about. Our charitable planning services include:
Get peace of mind that your matters will be handled with the utmost care and discretion. Since 1974, our private client services team has addressed the unique needs of business executives, closely-held business owners, and affluent individuals and their families. Our approach to high-income financial planning combines compliance and consulting, and is always custom tailored to fit your multi-faceted / multi-generational needs.
Our private client lawyers serve the legal and financial interests of individuals and family businesses with substantial wealth. The group also advises major universities, secondary schools, and cultural organizations on their planned-giving programs. Working with individuals and family groups, our lawyers counsel on estate and gift tax planning, family business succession planning, philanthropic planning, and personal financial interest management on a national and international scale. 2ff7e9595c
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