The attorneys of Katz, Smith & Chwat, PC have been assisting clients in all areas of Federal, State and local tax matters for decades. We represent clients before all administrative and judicial levels of the Internal Revenue Service, as well as the New York State and New York City Tax Departments. Whether you are facing the audit of a filed return, appealing the result of a previous audit, or challenging the taxing authority in a court proceeding, our professionals have the experience to provide you with the guidance you need. If you owe the IRS or New York State for unpaid taxes, we can help you set up an installment agreement to make your payments affordable, settle your tax debts for less than the amount owed, and apply for the abatement or reduction of any asserted penalties.
It is important to understand the impact that taxation has on many aspects of life and business. Whether our clients are forming and operating businesses, acquiring or selling assets, moving their homes or getting divorced, our attorneys are prepared to assist and advise on the tax consequences that will follow. We advise not only our clients, but also accountants, attorneys and financial advisors about the tax consequences of transactions that will affect their client base. We can prepare formal tax opinions and memoranda or simply provide consulting services to advise on the tax implications of a particular matter or transaction.
Our attorneys have taught taxation to other professionals through our tax seminars and as faculty at Hofstra University, and are well-equipped to work with you, your accountant and your business to reduce your tax liabilities and ensure that you have a complete understanding of the tax consequences of your business activities.