Verity Law maintains a broad tax practice, encompassing corporate and partnership transactional tax, tax controversy, executive compensation, and wealth transfer. In addition to his Juris Doctorate, Jay Rosloniec has obtained a Master of Laws Degree in Taxation from the University of Florida Levin College of Law. We assist corporations, small businesses and individuals on a variety of tax issues. We often work closely with a client's accountants in order to provide clients with well-rounded solutions that satisfy their objectives.
Verity Law regularly advises clients on a variety of issues in connection with corporate and partnership taxation. We have experience advising clients on tax issues in connection with entity formation, acquisitions, tax-free reorganizations, spinoffs, joint ventures, and dissolutions. We also advise clients in connection with complex partnership tax issues, including the creation of investment entities for private equity and hedge funds. Verity Law routinely advises private clients on tax issues in connection with business planning all stages of real estate development activities, including. Verity Law's real estate experience includes acquisition and sale of tax credits and incentives, as well as1031 like-kind exchnages.
Verity Law provides counsel to clients regarding the design and implementation of a variety of executive compensation solutions with the understanding that executive compensation−designed to attract and retain crucial talent−is a major concern in today's business world. We have experience consulting clients on compliance with Section 409A of the Internal Revenue Code. We assist clients in preparing employment agreements, severance arrangements, nonqualified deferred compensation plans, supplemental executive retirement plans, and equity-based or phantom equity compensation arrangements for executives.
Verity Law has experience working with charitable organizations and other tax exempt entities. We advise on the creation of publicly-supported charitable organizations as well as private foundations. We assist clients in qualifying for exempt status, and we counsel exempt organizations with respect to compliance with state and federal laws; unrelated trade or business income issues; and maintenance of exempt status.
Verity Law provides advice to clients on a variety of state and local tax issues, including income, transfer, and property tax compliance matters. We provide guidance regarding sales and use taxes as well as the Michigan Business Tax.