Tax Planning Options
The bad news is that many individuals and businesses are paying too much in ordinary income taxes, are paying too much in capital gains taxes when selling a highly appreciated asset, or are afraid to sell their business because of the tax consequences. The good news is that we can help you with any one or all of these problems.

Our primary focus has always been on corporate and individual income taxation. Since our practice is focused in tax law, our attorneys have special training and experience in tax law, attend 20 hours of continuing legal education courses in tax law each year, and have been cited by their clients and peers as the best in the tax law arena. All of our attorneys are in the process of obtaining the distinction as Arkansas Board Recognized Specialists so that our clients can be assured they are receiving only the highest level of tax law expertise.

Tax Qualified Plans
A major focus of Fletcher Law Firm, P.A. is on designing defined benefit pension plans to assist our clients in reducing their income taxes and saving money for their retirement. These IRS approved plans allow clients to make tax-deductible contributions which are far greater than you could fund into a standard profit-sharing or money purchase plan. The contributions to our defined benefit plan are tax-deductible, the fund accumulates tax-free and the assets are protected from creditors. Our defined benefit plan clients typically fund from $50,000 to $500,000 per year into their plans. We also design and administer other qualified plans such as 401(k) plans, profit sharing plans, money purchase plans and ESOPs.

If you are interested in saving income taxes and building wealth by adopting a tax qualified plan for your business, we can design, implement and administer a defined benefit or other plan for the specific needs of your business. 

Corporations
Incorporating your business means you have created a separate legal entity having its own identity. A corporation will have its own tax identification number, bank account(s), separate tax returns, etc. It is also important to know that a corporation is a distinct and separate business apart from your personal affairs. A non-tax reason for forming a corporation is that it generally limits the liability of the persons who put capital into the business. That means that a stockholder's personal assets cannot be attacked by creditors of the corporation.

Mergers & Acquisitions
At Fletcher Law Firm, P.A., we pride ourselves on developing cutting edge merger and acquisition tax strategies for the benefit of our clients. We regularly handle acquisitions and dispositions of businesses and assets; business formations; project development and financings; major land development; construction contracts; and venture capital financings. Due to the complexity of such agreements, the utmost attention to detail is given to all aspects of these business ventures. 

Sale of Business
Because selling your business is one of the biggest decisions you will ever make, exceptional attention to detail is directed towards the timely and thorough completion of all aspects of the sale agreement. Fletcher Law Firm, P.A. has performed extensive work in connection with tax planning strategies available to business owners wishing to dispose of a business interest. It is important to note that the tax objectives of the acquirer are not overlooked. In many cases, accommodation of the tax objectives of both parties is a major part of the negotiation process and may affect the price paid for the business interest. 

If you are interested in receiving an evaluation of your tax planning needs, simply call our office toll free at (866) 907-7600 to set up a free initial consultation.