The tax attorneys at Dawda Mann provide tax advice tailored to the circumstances and objectives of our clients. We are experienced in federal, state and local income tax matters, whether they relate to your business, individuals, real estate or estates and trusts. Our attorneys advise, consult and strategize on the tax implications of proposed and completed transactions. We work closely with our clients and their other advisors to provide advice on alternative structures to address particular tax costs and generate tax savings.
Some of the categories of tax matters that we can advise on include:
TAX EXEMPT ORGANIZATION FORMATION
Dawda Mann’s services for nonprofit organizations include the creation and qualification of organizations as tax exempt under the Internal Revenue Code using either Form 1023 or the new streamlined Form 1023-EZ. We can advise on unrelated business taxable income, joint ventures between nonprofits and for profit businesses, low-profit limited liability companies (LC3). We can also advise on charitable giving, charitable substantiation for nonprofits, charitable solicitation licenses and obtaining sales tax exemptions.
At Dawda Mann, we understand that real property taxes constitute a significant expense for owners. We also understand that real property taxes are a necessary source of revenue for government. All taxation, however, must be fair and within the boundaries of the law. Our clients count on us to assist whenever a property has been excessively and/or unlawfully assessed. To that end, Dawda Mann will aggressively represent you with any disputes you have with your local or state taxing authority in order to make sure that your property taxes are fairly and correctly assessed.
Tax law is an area that may change regularly. In order to keep abreast of fluctuations that may affect our clients, we closely monitor the legal developments related to tax law. We are always connected to information about the most updated tax laws published by the U.S. Treasury Department, the Internal Revenue Service, and leading tax law publications.
Avoiding Cash “Boot” in a 1031 Exchange
By Kylie Bergmann, associate at Dawda Mann. Section 1031 tax-deferred exchanges have become common with taxpayers who intend to reinvest the proceeds from the sale of an investment property into another investment property to defer [...]
Michigan Asset-Protection Trust: What You Need to Know
Recently, the Michigan Legislature passed a new law that permits the creation of an asset-protection trust. The Act (Public Act 30 of 2016) was signed on December 8, 2016 and has an effective date of March [...]
IRS Unveils Pilot Project to Prevent Fraud
Year after year, we hear about tax-related identity theft, which is both a complicated and widespread problem for millions of individual and business taxpayers, as well as for the IRS. The ID theft typically involves [...]
Hard at Work this Week: Tax Professionals and Tax Scam Artists
Today begins the final week of last minute tax preparation prior to next Monday’s filing date of April 18, 2016. This busiest of tax seasons is also the time when the bad guys, tax scam [...]
Tax Deduction Checklist
It’s tax preparation time in America. Are you taking advantage of certain deductions and credits that may allow you to decrease your tax bill? Here's a few: Child and Dependent Care Credit: If you (and [...]
Michigan Cloud Tax Evaporates Somewhat, Refunds Could Follow
The Michigan Department of Treasury is now required to change its tune with regard to remote access to software, commonly known as “cloud access” or “cloud software” In the recently adjudicated case Auto-Owners Ins. Co. [...]