Certified Specialists in Tax Law.
Certified Specialists in Estate and Trust Law.

Practice Areas

Olsen-Smith, Ltd. is trained and experienced in helping clients with tax, estate and wealth preservation planning issues in business, income, real estate, probate, estate tax and gift tax matters. Typically, our work with these areas takes place in four phases: planning, counseling, preparation and representation. The following are a few of the services we perform in each phase:

• Planning

  

  Year-end transaction advice to minimize the client's overall taxes, tax planning for the acquisition or sale of real estate, corporations, businesses and other assets; long-term strategic tax and wealth preservation planning; estate tax and gift tax planning.

• Counseling

  

  Counseling for personal tax planning, estate planning, trust, and wealth preservation planning; executive compensation and fringe benefits counseling; selection of form of business entity; review of business assets and interests for tax planning, estate planning and wealth preservation planning; interpretation of existing or proposed tax laws.

• Preparation

  

  Preparation and review of legal documents for individuals, partnerships, limited liability companies, corporations, retirement plans, real estate transactions, business sales and acquisitions, wills and trusts (revocable, irrevocable and multi-generational).

• Representation

  

  Examination of income as well as estate and gift tax returns by IRS agents; protests of proposed tax deficiencies, appeal conferences and settlement negotiations regarding disputes docketed in the U.S. Tax Court, in addition to obtaining private revenue rulings from the IRS and litigation of tax controversies in the U.S. Tax Court and other courts.