Baton Rouge Tax Lawyer

Baton Rouge tax lawyer Dale Baringer is certified by the Louisiana State Bar Association as a specialist in tax law, having earned his LLM tax degree from Georgetown University and his Juris Doctorate from the Louisiana State University Law Center in Baton Rouge.

With an undergraduate degree in accounting, his financial education leaves him highly qualified to provide advice and handle nearly any matter of business tax planning, corporate tax planning, complex individual tax planning, and assisting with wills, trusts, successions, and estate planning.

Mr. Baringer and partner Benjamin Klin (L.L.M. in Taxation), make up the firm’s tax section with nearly 65 years of combined experience in tax litigation and tax planning.

Taxes and Estate Planning

Many individuals do not consider the future tax implications of their estate plans. This can lead those who receive certain assets after their death to be caught with large, unexpected tax bills. We offer personalized estate planning strategies to prevent this from happening. Through life-time gifting, trusts, and donations, you might be able to limit the tax liability of your estate so that you do not pass unnecessary tax burdens to loved ones.

Recent legislation has changed requirements for income tax, gift tax, and estate tax, giving you the opportunity to lessen your estate’s tax burden. For more information on how you can preserve your legacy for future generations, contact The Baringer Law Firm, LLC.

Planning Ahead For Corporate Formations And Transactions

Corporations preparing to undergo mergers, acquisitions, major purchases, or sweeping reorganizations of their financial structuring can benefit from careful corporate tax planning. The skilled Baton Rouge tax lawyers at The Baringer Law Firm, LLC can suggest optimum tax structures, and can devise strategies that may minimize the tax impact of these transactions, saving businesses a great deal of money.

New Business Tax Planning

The Baringer Law Firm, LLC understands that many new small business owners are new to principles of business tax law. For new business owners, certified Baton Rouge tax lawyer Dale R. Baringer can help new business owners choose a business entity that will best fit their enterprise, and explain the benefits and drawbacks of various tax structures in plain terms.

1031 Like – Kind Exchanges

Tax deferred like-kind exchanges under section 1031 of the Internal Revenue Code have become highly popular as a means of building large real estate portfolios. The Louisiana tax lawyers at The Baringer Law Firm, LLC have extensive experience in such transactions, having represented parties to the exchange, qualified exchange intermediaries, and in serving as exchange intermediaries. Representative transactions include serving as counsel in forming and representing an exchange intermediary in a reverse like-kind exchange of a $35 million 20-story office building and an $11 million reverse like-kind exchange involving a build to suit arrangement with respect to oil & gas drilling ventures. For those who already have a tax advisor to guide them through the exchange, The Baringer Law Firm, LLC can provide exchange intermediary services through its affiliate Nationwide 1031 Exchange Professionals, LLC, and qualified exchange accommodation titleholder services through its affiliate Nationwide E-A-T, L.L.C.

FAQs

Why Might You Seek the Help of a Tax Attorney Rather Than a CPA?

CPAs, or Certified Public Accountants, can assist an individual or business file their income tax returns. They can review all the minute details of how to file, and they often provide business and tax advice and planning. Meanwhile, a tax attorney can advise an individual or business about certain actions they could take to reduce their tax liability before they file and they can implement tax planning transactions. In the event of a tax audit or dispute with the IRS, a tax attorney can help represent someone during the legal process under the protection of the attorney-client privilege, while the CPA relationship is not protected by this level of protection on confidentiality.

Can a Tax Attorney Help With IRS Problems?

A tax attorney can help with conflicts with the IRS, including audits, back taxes, and more. A tax attorney can also help with tax issues before they become a problem. For example, they might be able to recommend a business restructuring or an element to add to your estate plan to avoid future tax liabilities. To learn more about how a tax attorney might be able to help with your tax-related issues, schedule a consultation with one directly.

Who Qualifies for the IRS Fresh Start Program?

Those who experienced a large reduction in income, have earnings under certain income thresholds, and/or have relatively low amounts owed to the IRS might qualify for what some refer to as the Fresh Start Program. This comes under the IRS’ offers in compromise procedure. If you qualify, you may be able to reach agreement with the IRS on an offer in compromise that resolves your debts for a lower amount. To find out if you qualify for an offer in compromise, or for help with IRS negotiations, contact a Baton Rouge tax attorney.

Legal Support for Difficult Tax Situations

Tax law is notoriously complicated and tricky. You can prevent tax issues by seeking legal counsel before starting a new business venture or sole proprietorship. If you are in the midst of a complicated tax case with the IRS, learn more about your options and avoid unexpected legal consequences by consulting with a tax attorney. Schedule a consultation with The Baringer Law Firm, L.L.C., to receive guidance on overwhelming tax law.