Taxation of Lawyers and Law Firms - Planning Strategies for Tax Efficiency and Minimization
For most lawyers and law firms tax planning is a topic never, or at best occasionally, addressed in a comprehensive or meaningful way. This book presents an approach to tax planning for solo, small, and medium size law firms. It will describe how a tax efficient law firm permits their partners and associates to keep more of what they earn. Specific topics include: *The most effective entity structure for a law firm*Planning strategies for lawyers are different stages of life*An IRS audit guide for attorneys For attorneys and law firms looking to defer, avoid, and minimize the tax burden, this book is an essential resource.