Galland Kharasch's tax attorneys provide practical advice to a wide range of individual and corporate clients in matters of federal, state and international taxation. These include, for example, the tax consequences associated with corporate organization and operation, mergers, acquisitions, divestitures and reorganizations, acquisitions and dispositions of property and equipment, tax-free exchanges, leveraged buyouts, workouts of existing financing, limited partnerships, limited liability companies, S corporations, joint ventures and syndications, and tax-exempt organizations.

Members of the tax group work closely with the firm's aviation, maritime and railway lawyers representing foreign and domestic clients on tax issues involving commercial transactions, tax-free exchanges of aircraft, ships and rail cars, transfer pricing, withholding taxes, excise taxes, state and local sales and use taxes, tax treaties and income-tax planning for multi-state operations. Our tax attorneys advise transportation concerns in structuring their operations to maximize tax planning opportunities with respect to federal income and excise taxes and state sales, use and other taxes.

Galland Kharasch's tax group provides advice to employers on the tax and legal aspects of executive compensation, retirement and welfare benefit plans. Galland Kharasch's attorneys regularly counsel clients on the complex issues involving stock options, bonus plans, ESOPs and multi-class equity structures.

The firm represents clients in Internal Revenue Service requests and tax audits, and in-state and municipal audits of local income, sales, use and excise taxes. Galland Kharasch's attorneys also represent clients interests in federal and state tax legislation, including preparing legislative proposals and related testimony, monitoring legislative and administrative initiatives and rulemaking, and interpreting new laws, regulations and other administrative pronouncements.

Galland Kharasch also provides special tax counsel advise for IRS, state and/or local tax audits, appellate matters and other controversies. The firm contests the imposition of Trust Fund Recovery Penalties on company directors, officers and employees. It possesses extensive experience in representing clients in all facets of IRS (and various state and local) collection matters, including liens, levies, Offers-in-Compromise, and penalty and interest abatements.

Members of the tax group regularly lecture and publish articles on a wide variety of tax law topics. Galland Kharasch's aviation tax and transactional expertise is internationally recognized as the leader in the field and the Firm regularly serves as aviation/tax counsel to both law and accounting firms, ranging from numerous regional firms to some of the world's largest firms.