Taxation
MINIMIZE LIABILITY AND MAXIMIZE SECURITY
KGG, LLC understands that taxes impose a heavy responsibility on every client and transaction, therefore every transaction, whether it is real estate, business, estate planning, should be thoroughly reviewed from a tax standpoint. Taxation affects almost every commercial transaction as well as many personal situations. Tax laws are constantly changing, which creates new opportunities and challenges. Numerous structures, formats and entities are available to provide flexibility to business owners and their families with the added benefit of minimizing taxes.
KGG, LLC has broad experience in all aspects of federal, state, and local taxation. Whether it is income, estate, gift, or generation skipping taxation, KGG, LLC has it covered. Preparation of tax returns, buying or selling businesses, and estate and business succession planning, all have important tax issues. We thoroughly review the information from our client and structure transactions to minimize potential tax liabilities and maximize flexibility and future potential, while implementing these structures to have the desired effect for the client. In representing our tax clients, we implement the latest tax planning strategies and techniques. We have extensive experience in representing clients before the Internal Revenue Service and other taxing agencies and handle all forms of tax litigation, protests, hearings, and audits.
Through the years, clients have found year-end reviews with KGG, LLC to be helpful. Because of the always changing tax laws, the issues discussed and considered at such time may result in long-term benefits. We highly recommend meeting with our clients frequently, not only when specific events or changes occur, to review the impact of taxes on their business and financial affairs.
KGG, LLC assists families structure their business and investment holdings for maximum security, minimizing taxation as much as possible, succession planning and the preservation of the integrity of family management and control. Our business structures help families to effectively manage wealth accumulation and transfers and protect their business and assets from the risks of loss, excessive taxation, and divisive disputes.
Recognizing that the creation and protection of assets is of utmost importance to most individuals, we are able to provide assistance and advice in establishing appropriate estate planning measures with tax planning always in the discussion. We begin with a careful examination of a client’s current and anticipated financial position and their ultimate goals. As part of our analysis, their current plans and programs, if any, are examined to maximize and protect clients’ assets currently and in the future. We then suggest appropriate alternatives including the establishment of trusts, wills, powers of attorney, and other plans, with a view towards minimizing the impact of income, estate, gift, and generation-skipping taxes.
To protect your assets and your peace of mind with prudent tax planning and skilled representation before the IRS, call KGG, LLC at 815-727-4511 or contact us online. We serve Will County, the entire Chicago metropolitan area, and all of northern Illinois.
