Business Services
Here are just some of the services we offer:
Business Acquisitions
Buying or selling a business is a major decision, and therefore it is important to have professional legal counsel as you settle on the details of the transaction. Elliot can assist you with letters of intent, due diligence, negotiations, tax structuring, asset or stock purchase agreements, transfer and assignment of assets, and more.
Business Operations
Every operating business can benefit from ongoing legal counsel. Elliot can help you take care of contracts with customers, agreements with vendors, protection of intellectual property, compliance with federal, state, and local regulations, and most other legal need that may arise in everyday operations.
Business Organizations
An attorney with a background in business law can help you manage the unique needs of any business organization, be it a corporation, limited liability company, partnership, or s-corporation.
Corporations
For a corporation, an attorney can advise in corporate structuring and formation, corporate governance, corporate liquidations, sale of corporate business, or corporate taxation.
Limited Liability Companies
For a limited liability company, an attorney can assist with liability protection, taxation, management, or acquisitions.
Partnerships
For a partnership, an attorney can offer his expertise regarding partnership taxation, partnership operations, and partnership acquisitions.
S-Corporations
For an s-corporation, an attorney can advise regarding s-corporation taxation and legal compliance in number of shareholders (or members), distribution of funds, etc.
Business Planning
The structuring and formation of a business is a highly complex process that requires major attention to detail. An attorney can ensure that you ask all the right questions and prepare for every possible hurdle as your form your business.
Dissolutions and Liquidations
Companies dissolve and liquidate for a variety of reasons, including acquisition, reorganization, and failed business operations. An attorney can ensure that everything is carried out in an efficient and legal manner. Elliot also assists companies who are liquidating and trying to stay out of the bankruptcy process.
Entrepreneurs and Start-ups
Entrepreneurs and start-up companies can benefit significantly from the help of an attorney. An attorney can offer legal counsel regarding what type of business to establish, how to structure the business, how to finance it, etc. Elliot also has numerous business connections and can often introduce an entrepreneur to the right people needed to make the business a success.
Taxation
Tax affects just about every aspect of a business’s life cycle, and it is often the largest cost to a company and its ownership. An experienced tax attorney can help solve highly complex tax issues, reduce your tax burden, and offer taxation expertise during major business events, such as business formation, acquisition, or reorganization. Elliot works with companies on federal and state income tax, sales tax, property tax, and payroll tax.
Self-directed IRAs
At Elliot Smith Law, we believe in the power of choice and flexibility for investors like you. Our specialized self-directed IRA services are designed to break the conventional boundaries of traditional IRAs, offering you the unique opportunity to diversify your investment portfolio in ways you never thought possible.
Elliot Smith is a licensed attorney and certified public accountant that can take care of your business needs. Whether you’re opening a new business, incorporating, or looking for tax services, Elliot Smith has the resources to serve you.