Practice Areas > Tax > Income Tax Planning
The lawyers of Clark Skatoff PA have extensive experience with aggressive tax planning on behalf of their clients. We use a variety of traditional and nontraditional planning techniques to achieve favorable tax results for our clients.
Some techniques we have successfully used or recommend are as follows:
- Creative restructuring of the holding of an asset prior to its sale to reduce income taxes
- Use of private annuities to reduce the capital gains tax on the sale of an asset and to move wealth to future generations.
- Use of defined benefit plans in small business, to reduce current income tax liabilities and build up a retirement fund.
- Captive insurance companies, to create current deductions in a business and transfer wealth to future generations.
We also prepare estate tax returns (Form 706), and Fiduciary Income Tax Returns (Form 1041) for our clients.
To learn more about the tax practice of Clark Skatoff PA, please call 888-752-8633 or send one of our lawyers an email.

