Practice Areas

Tax and Employee Benefits

Our firm offers a talented and diversified team that represents a variety of taxable and tax exempt entities. Our clients include individuals, corporations, general and limited partnerships, limited liability companies, trusts, estates and not-for-profit organizations. Our practice involves providing tax advice to both large and small businesses, including closely held, start up, and multinational businesses. We provide advice regarding United States federal, state and local taxes for our clients, as well as advice regarding the impact of US tax treaties and transfer pricing rules to our clients with international operations.

When the need arises, we also represent clients before federal, state and local tax agencies and courts.

Our Employee Benefits Practice Group provides advice with respect to design, implementation and administration of a broad range of employee benefit and executive compensation plans, including qualified plans, non qualified supplemental retirement plans, top hat plans, phantom stock plans and other deferred compensation arrangements. We have extensive experience in providing legal and tax advice to multinational companies with respect to IRC 409A deferred compensation issues for their expatriate population. We also advise our clients with respect to their obligations under the Employee Retirement Income Security Act (ERISA) and Department of Labor and Internal Revenue Code requirements applicable to their employee benefit plans.


Attorneys


Kenneth N. Sacks, Partner
Partner
(212) 705-9859
Kimberly Smith, Associate
Associate
(212) 688-5151

Recent News Posts


The Tax Cuts and Jobs Act: The New Provisions and How to Prepare Your Individual and Business Income Taxes

The Tax Cuts and Jobs Act was signed into law on December 22, 2017 by President Donald Trump. Changes to individual income taxes include lowered tax brackets, increased Alternative Minimum Tax thresholds and higher estate, gift and generation skipping tax exemptions. For businesses, changes include a reduced corporate tax rate and the repeal of the
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U.S. Senate Passes the Tax Overhaul Bill: U.S. Senate Passes the Tax Overhaul Bill: What’s Next and How to Plan for 2018

In the early hours of December 2nd, the U.S. US Senate passed the tax overhaul bill in a vote of 51-49 mostly along party lines. Tax Planning in December 2017 In planning for the final tax bill to become effective for 2018, there are many opportunities to delay recognition of income now that may be
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Gibney Attorneys Author Article on Executive Transfers to the United States

Gerald J. Dunworth, Meredith M. Mazzola  and Shai Dayan co-authored the article “Executive transfers to the United States: planning and avoiding pitfalls.” The article looks at the main considerations when an executive is transferred to the US, including global compensation packages, securing visas for executives and their spouses, tax planning, retirement benefits, housing costs, expat
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