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Twomey Latham’s tax practice is diverse and sophisticated. We help businesses, charities, and individuals with federal and state tax matters in a variety of ways.
The firm advises Long Island business entities including corporations, S corporations, limited-liability companies (“LLCs”), single-member LLCs, and partnerships on all tax matters relating to structure, operation, reorganization, agreements, elections, distributions, retirement plans, and dissolution. We also represent businesses in connection with mergers, acquisitions, spin-offs, and tax-free reorganizations.
The firm advises individual clients in connection with planning for the disposition of their business and other assets for estate and gift planning purposes, including grantor trusts, GRATs, QPRTs, charitable remainder trusts, sales to defective trusts, and family limited partnerships/LLCs. We also represent clients in estate and gift tax audits.
News & Insights About Taxation
Kathryn Dalli, a partner with the Firm, was interviewed by Best Company for an article on whether people should take
In response to the coronavirus outbreak and in an effort to ease people’s financial worries, U.S. Treasury Steve Mnuchin announced
Our firm, like so many other businesses in our area and around the country, has implemented a number of measures