Asher Harris Homepage > Specialities: Individual Tax

Individuals

Mr. Harris represents individuals who require sophisticated tax advice in planning their personal finances. Typical situations in which an individual should consult a tax attorney include:

• Investments

  An offering document for a private placement of securities, such as a limited partnership or a closely held corporation, will typically recommend that the tax consequences discussed therein be reviewed by an independent tax attorney.

• Compensation

  Negotiation of a complex employment agreement or a partnership agreement should be preceded by a careful review of potential tax issues.

• Family law

  Change in family status, such as marriage, divorce, or retirement. Mr. Harris has particular expertise in the tax consequences of divorce.

• Residence

  A change of residence, either overseas or to a different state. Whether a change in residence is job-related, or made for personal reasons, the tax consequences can be confusing, and should be addressed well in advance of the move.

• Litigation

  Those who are involved in a litigation involving significant amounts of money. Individuals who are involved in litigation need to be sensitive to the differences between those claims for which the proceeds are tax-free, such as claims for personal injury, and those for which the proceeds are taxable. Litigants also need to be sensitive to the varying treatment of the costs of litigation, such as legal fees.

• Charitable donations

  Individuals making significant charitable donations of cash, securities, real estate, collectibles, or intangible property, should review the tax consequences with a tax attorney to determine the appropriate structure.