While everyone's familiar with the obligation to pay state and federal income taxes every year, some individuals and families can benefit from a more sophisticated understanding of the way tax exposure can be managed for your benefit. If you think that there must be a way to protect your income and assets from taxation in the Bay Area, contact a knowledgeable tax lawyer at Oddie, Lynn & Grisanti, P.C. in San Francisco.
Learn how you can make the Tax Code work to your advantage
Once you've managed to establish an income level significantly above the household median, you've already come to understand how each additional dollar is worth less and less due to the operation of marginal tax rates. Our attorneys can help you structure your portfolio and manage your income stream to keep your exposure to taxation at acceptable levels.
We can provide the following services for individuals and families:
- Analyzing your assets and income to reduce your state and federal income tax liability
- Whenever possible, converting ordinary income to capital gains taxed at a lower rate
- Managing real estate tax liabilities at every stage from acquisition through development or improvement to liquidation
- Coordinating small business ownership succession issues with your broader estate plan
- Identifying and where necessary changing your tax accounting methods to reduce your income tax liabilities
- Applying tax deferral strategies to postpone or even out tax liabilities over a period of years
- Minimizing your exposure to estate taxes
Close attention to your tax profile can be especially important at a time of transition: marriage, divorce, or planning for the disposition of your assets by last will and testament or trust instruments. Whatever your particular taxation goals or problems might involve, you can depend on Oddie, Lynn & Grisanti, P.C. to tailor sound approaches to your situation.
To learn more about the ways our experience with family and individual tax problems can help you, contact our office in San Francisco.
