Bayard’s comprehensive business tax law practice provides a full scope of tax-related legal services through every stage of a business entity’s life. With decades of experience representing all types of Delaware-formed companies, business owners, and stakeholders in complex business tax matters, Bayard has developed an exceptional level of expertise handling a wide range of taxation issues affecting corporations, limited liability companies, general and limited partnerships, and non-profit tax-exempt organizations.
Our business tax practice includes advising both closely-held business owners and larger business clients how federal, state, and local tax laws will impact the purchase or sale of a business, the structuring of compensation plans for key employees, tax-deferred 1031 exchanges, and the tax implications of business succession and estate plans.
Bayard’s approach to business taxation focuses on implementing the most advantageous structural decisions in every business transaction, whether creating a new business entity, engaging in mergers and acquisitions, reorganizing a business, or winding down.
Our reputation for successfully resolving business clients’ tax law issues was earned by Bayard’s emphasis on pursuing the most beneficial strategy to achieve the client’s goal in each matter. When issues arise requiring formal interactions with government agencies, Bayard provides the highest level of advocacy for business clients and taxpayers. We represent clients undergoing tax audits and collection actions, tax litigation, appeals of adverse decisions, and tax penalty abatement efforts. Our business tax lawyers represent taxpayers before the Internal Revenue Service, the U.S. Tax Court, and federal and Delaware state courts.
Bayard’s long history of tax law expertise, successful advocacy, and professional legal decorum ensures that state and federal tax authorities and officials carefully consider our clients’ legal positions, often resolving the matter without litigation. Skillfully negotiating mutually favorable outcomes reduces lengthy and expensive litigation. When litigating an issue is appropriate to protect our client’s legal interests, Bayard has built a long record of success in the courtroom.
Our business tax law division includes attorneys recognized throughout Delaware as leading tax law practitioners, and an individual who is a past Chair of the Delaware State Bar Association’s Section on Taxation, a twice past President and member of the Wilmington Tax Group, and a member and past Chair of the Estate Planning Council of Delaware.
