Florence and Myrtle Beach Tax Planning and Litigation Attorney

Paying taxes is an important part of managing every business operation. In many cases, working with an experienced tax planning and litigation attorney can help business owners reduce their tax liability and protect their businesses from unnecessary lawsuits. Our skilled tax attorneys provide clear and decisive answers and strategies to various tax-related matters. 

With an up-to-date tax strategy, you may save valuable time and significant money handling tax issues. The consequences of not having a tax plan can be far-reaching and expensive. At Wilcox, Buyck & Williams, P.A., we understand that tax planning is essential for businesses of all sizes. For 125 years, we’ve represented individuals in businesses in South Carolina. Our seasoned attorneys provide informed tax planning advice and are trial-ready should litigation arise. 

Make Informed Decisions About Your Taxes to Save Money

Nearly every aspect of managing a business involves paying taxes in some capacity. Your business’s formation can affect the amount of taxes your business must pay. For example, the choice between operating as a sole proprietor, LLC, partnership, or corporation can significantly affect how you pay taxes and the amount of your tax liability every year. 

Hiring employees also involves paying taxes. As an employee, working with a tax planning attorney can help you determine ways to lower your tax liability when you receive your salary, bonuses, and insurance benefits and contribute to your retirement accounts. 

Additionally, paying taxes becomes part of forming vendor contracts and purchasing assets. Funding your business through capitalization will also have an effect on your tax liability. Without a coherent strategy in place, it’s easy for hard-working business owners and managers to unintentionally overpay a wide range of taxes. 

Providing South Carolina Businesses with Effective Tax Planning Strategies

Nearly every business transaction involves local, state, or federal taxes. As a result, the Internal Revenue Service (IRS) is involved in every business deal to some extent. At Wilcox, Buyck & Williams, P.A., our attorneys have substantial experience providing South Carolina businesses with effective legal counsel. Business owners face ever-changing tax laws in a complex and confusing tax landscape. 

When you work with us, you won’t have to try to decipher the complicated landscape of tax laws alone. Our attorneys provide practical, seasoned guidance to help clients maximize opportunities that save their businesses money. We will carefully review your short-term and long-term business decisions that may have implications related to tax liability. When you work with our team, we can identify areas where you can save your business money by lowering your tax liability. 

We Offer a Wide Range of Tax Planning Services 

At Wilcox, Buyck & Williams, P.A., we have an in-depth understanding of South Carolina businesses’ needs and how to help them achieve their goals through tax planning. We also recognize that every business is unique and that there are no one-size-fits-all solutions when creating tax planning strategies. Our attorneys take a team approach when assisting businesses with their tax strategies. 

We frequently collaborate with financial managers and advisors, CPAs, appraisers, economists, valuation specialists, and other professionals to offer our clients up-to-date legal counsel tailored to their specific needs. When you work with Wilcox, Buyck & Williams, P.A. to create a tax planning strategy, we will do what it takes to meet your business’s needs. Our tax planning attorneys regularly assist clients with a wide range of tax-related issues, including, but not limited to, the following:

  • Local and state income tax
  • Sales and use taxes
  • Taxes related to franchises
  • Transfer and severance taxes
  • Commercial property taxes, appeals, and uncapping transfers
  • Completing audits for unclaimed property
  • Corporate tax policy for international employees
  • Employer excise tax
  • Taxes related to fuel, heavy commercial vehicles, GST, VAT, and other indirect taxes
  • Opportunity zone funds
  • Multinational tax planning
  • Legal counsel related to transfer pricing agreements and policy drafting

The Benefits of Working with Our Trial-Ready Tax Litigator

Even when businesses work with tax planning attorneys and other professionals to develop an effective strategy, litigation can become necessary. Controversies and disputes related to taxes do occur. If you anticipate litigation related to a tax matter or you’re already involved in litigation, it’s crucial that you hire an experienced litigation attorney. 

Wilcox, Buyck & Williams, P.A. has represented individuals and businesses in a full spectrum of business and personal tax related litigation. Although we work diligently to try to negotiate a settlement out of court for our clients so they can avoid litigation, we are always prepared to advocate for our clients in court. We have successfully represented clients in the following types of tax litigation:

  • IRS audits and appeals
  • Local, state, and federal tax-related administrative proceedings
  • Local and state audits related to tax tribunals and other applicable state courts
  • Litigation involving contested gift tax and other estate matters
  • Property and real estate tax appeals
  • Unclaimed property audits
  • Voluntary disclosure programs on a local, state, or federal level

We frequently represent South Carolina businesses and individual taxpayers in adversarial IRS proceedings. Our litigators have a long track record of resolving disputes involving different types of taxes. We are a full-service business law firm. In addition to assisting clients with tax-related matters, we can also represent clients with tax-adjacent legal matters, including the following:

Discuss Your Tax Matter with a Skilled Attorney in South Carolina

Wilcox, Buyck & Williams, P.A.’s tax team comprises business attorneys with extensive knowledge in local, state, and federal tax matters. Whether you’d like to develop a proactive tax strategy or you’re involved in tax litigation, we can help you navigate the legal and tax issues you’re facing. Contact Wilcox, Buyck & Williams, P.A. to learn more about how we can help you achieve your goals.