Taxation
Sprouse Shrader Smith P.C. assists individuals and businesses throughout Texas with a wide variety of taxation matters. A Texas business attorney from Sprouse Shrader Smith understands that tax matters are often complicated and seem daunting. Our clients rely on our extensive knowledge of local, state, federal and international taxes to help them successfully navigate through the complex and challenging tax system. The shareholder who focuses his practice on tax matters has been certified as a Specialist in Tax Law by the Texas Board of Legal Specialization, allowing us to provide comprehensive tax assistance to all of our clients.
In addition to assisting you with tax disputes and compliance matters, we provide counsel and advice regarding how you can set up your business and execute contracts that can help you minimize the tax consequences, plan for the future, and save taxes wherever possible. In particular, our taxation services include but are not limited to the following:
- International, Federal, State, and Local Taxation Matters
- Tax Planning
- Tax Controversies
- Tax Saving Techniques
- Business Transaction Management
- Wealth Management
- Taxation of Pass-Through Entities
Franchise Tax
In 2007, significant changes were made to the Texas Franchise Tax (also called the Margin Tax). The changes affect nearly all business entities in Texas, and understanding how the changes impact your business is likely confusing. For many types of businesses, including partnerships and limited liability partnerships (LLP), the changes are particularly important to understand.
Our Texas business law firm thoroughly understands these revisions and can work with you to ensure compliance, maximize potential deductions, and find opportunities to save taxes wherever possible. The changes in the franchise tax also potentially affect commercial lease agreements and employment decisions; a Texas small business lawyer at Sprouse Shrader Smith experience in these areas of law allows us to provide comprehensive legal advice to our clients.
