The Tax Department of Farrell Fritz has created this blog to provide meaningful information and to elicit discussion regarding those Federal and New York tax issues which are of particular concern to closely-held business organizations and their owners.

Toward that end, the blog presents articles relating to:

-creation and dissolution of corporations and partnerships

-operation of such business organizations, including distributions

-sale, exchange and acquisition of interests in such orgnaizations or the businesses operated by them

-restructuring of such organizations

-succession planning, including gift and estate planning, as well as executive compensation

-tax controversies regarding any of the forgoing

-and other related topics.

It also presents summaries of recent Federal and NY administrative pronouncements and judicial rulings affecting closely held businesses.

If you have a question about a blog post, or how its content may affect you, please feel free to contact the author or Lou Vlahos.