Taxation

Taxation

As business attorneys, we understand the intricacies of running a successful business. Our attorneys with advanced degrees in taxation and certifications in public accounting focus their practice on how clients can achieve their goals without optimal tax consequences.

With attention to detail and a tuned-in awareness of recent developments, we work with clients on federal, state, and local tax issues and provide counsel to individuals, publicly and privately held businesses, municipalities, and charitable organizations.

Our attorneys use their knowledge and attention to detail to work diligently to resolve tax controversies at the examiner level. Sometimes their work involves negotiating offers of compromise of delinquent taxes with the Internal Revenue Service or the Wisconsin Department of Revenue. When litigation is necessary to resolve a tax matter, our attorneys can represent clients before the U.S. Tax Court, the U.S. District Court, the Wisconsin Tax Appeals Commission, and all levels of the Wisconsin court system.

Our other tax-related services include:

  • Tax advice for businesses exploring mergers, acquisitions, spin-offs, leveraged buyouts, tender offers, and other transactions
  • Property tax, assessments and exemptions
  • Tax qualified and non-qualified deferred compensation plan design and compliance assistance
  • Advice on income and payroll tax treatment of compensation and fringe benefit arrangements
  • Advice on planning opportunities and pitfalls under the consolidated return regulations
  • Advice on the taxation of international transactions and operations
  • Structuring of pass-through entities
  • Retirement planning
  • Estate, gift and generation-skipping tax planning

Founded in 1920, Ruder Ware provides business, employment, estate planning, and litigation services. A full-service law firm, over 45 attorneys provide clients with a one-stop approach to their legal needs. Ruder Ware, Business Attorneys for Business Success.

IRS Releases New Mileage Rates for 2025

Posted on December 19, 2024 by

The Internal Revenue Service issued the 2025 optional standard mileage rates today for computing the deductible cost of operating an automobile for business, charitable, medical, or moving purposes. The most notable change is the per mile increase for business use mileage. Effective January 1, 2025, the optional standard mileage rates for the use of a […]

IRS Releases Mileage Rates for 2024

Posted on December 14, 2023 by

The Internal Revenue Service issued the 2024 optional standard mileage rates today for computing the deductible cost of operating an automobile for business, charitable, medical, or moving purposes.  The most notable change is the slight per mile increase for businesses. Effective January 1, 2024, the optional standard mileage rates for the use of a car […]

Collections in a Post-COVID-19 World

Posted on October 23, 2023 by

As a collection and banking attorney, I am often asked whether (or when) I think collections will restart now that we are somewhat “beyond” COVID-19, although not fully. In my own practice I have seen an increase in demand letters to businesses and consumers for past due accounts or debts. Banks and businesses need to […]

U.S. Treasury Clarifies Beneficial Ownership Reporting Requirements for Businesses

Posted on February 22, 2023 by

When it goes into effect on January 1, 2024, a provision tucked inside the Corporate Transparency Act (the “CTA”) will impose lengthy new reporting requirements on many business entities, including many single-member LLCs. The final rule recently issued by the U.S. Treasury Department’s Financial Crimes Enforcement Network clarifies the scope and applicability of these new […]

OFCCP Issues New March 3 Deadline for Federal Contractors to Object to Disclosure of EEO-1 Data!

Posted on February 14, 2023 by

If you are a federal contractor, keep reading. Last summer, the Office of Federal Contractor Compliance Programs (OFCCP) issued a notice to all federal contractors that the Center for Investigative Reporting had requested EEO-1 reports for 2016-2020 pursuant to the Freedom of Information Act (FOIA). While the motive is uncertain, it is likely that this […]

Who Benefits? The Corporate Transparency Act Requires Companies to Disclose Their Beneficial Owners Under New Federal Rules

Posted on February 3, 2023 by

To do business in Wisconsin, a business owner needs to file numerous documents with federal, state, and local governments. Congress recently added a new one. Under the Corporate Transparency Act, most corporations, LLCs, and similar company types doing business in the United States must file a report divulging the personal information of anyone who “controls” […]

IRS Releases Mileage Rates for 2023

Posted on December 29, 2022 by

The Internal Revenue Service issued the 2023 optional standard mileage rates today for computing the deductible cost of operating an automobile for business, charitable, medical, or moving purposes.  The most notable change is the three-cent per mile increase for businesses. Effective January 1, 2023, the optional standard mileage rates for the use of a car […]

LLCs: The Next Generation Under Wisconsin Law

Posted on October 6, 2022 by , , and

Under new Wisconsin laws coming into effect soon, some important rules governing how limited liability companies (LLCs) operate will change. This article will describe some of the key changes, what LLC owners need to be thinking about, and some approaching deadlines for those wishing to be governed under the “old” rules. The New LLC Law […]

Significant Changes to Medical Collection Debt Reporting: How Might it Affect Business?

Posted on July 27, 2022 by

In March of this year, the three major nationwide credit reporting agencies (Equifax, Experian, and TransUnion) announced there would be substantial changes to medical collection debt reporting coming this summer in an effort to help consumers faced with unexpected medical bills.  The changes will remove nearly 70% of medical collection debt tradelines from consumer credit […]

Pain at the Pump: IRS Announces Mid-Year Adjustment of Business and Medical Mileage Rates

Posted on June 9, 2022 by

Due to the increase in the cost of gasoline since establishing the 2022 rates last year, the Internal Revenue Service is increasing mid-year the optional standard mileage rates for computing the deductible cost of operating an automobile for business, medical, and moving expenses.  Effective July 1, 2022, the optional standard mileage rates will be 62.5 […]

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