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New York Tax Lawyer & Attorneys
Who We Are
New York law firm providing Bankruptcy, Tax and Business Legal Services
Law Offices of Stephen B. Kass, P.C.
For more than 20 years the Law Offices of Stephen B. Kass, P.C. has offered experienced legal counseling in the areas of Bankruptcy (Chapter 11 Reorganization filings for Businesses with high tax debt as well as Chapter 11 filings for individuals with substantial liabilities, Tax Litigation and Agreements with the Internal Revenue Service [IRS] and Debt Negotiations with Creditors).
We are one of the few firms in New York that deals with the IRS, NYS, the United Stated Attorneys and Attorney Generals on tax matters on a regular basis.
All engagements will be undertaken from inception to completion by Stephen Kass, who holds both law and accounting licenses and has a master’s in tax law from NYU and has worked for the largest accounting firms, investment banks, consulting firms as well as bankruptcy judges. Most other firms assign tax controversy work in whole or in part to junior associates and paralegals.
Tax Lawyer & Attorneys Service Listings
Services We Offer
- IRS Offers for income and trust fund taxes.
- NYS offers for income and trust fund/sales taxes.
- IRS installment agreements
- NYS installment agreements
- Collection due process filings
- Innocent Spouse filings
- Penalty Abatement using reasonable cause and the one-time abatement.
- Levy relief and protests
- Passport revocation relief
- Due diligence on personal and business tax debts and status
- 1031 exchange planning and closing
- Turnaround Advisory
- Distressed deal advisory
- Real estate capital for acquisitions, refinance, and developments
- Debt and equity capital options
Recent Cases
Subsidiary of public company with over $40M revenue and performed an out of court workout to abandon leaseholds and settle with over 75 vendors most at 25-33% of face value.
NYC Chapter 11 for food services company with over $8M revenue. Worked with creditors committee. Dealt with IRS criminal tax investigation, settled sales tax claim for over $200K discount with 6-year payment plan for confirmed plan.
NYC restaurant with over $3M in revenue. Settled sales taxes with over $150K discount and sold leasehold in 363 sale.
Bankruptcy adversary case with Department of Justice in DC for over $2.5M in taxes outstanding and discharged and settled for under $200k.
Chapter 11 for contractor with over $3M in revenue. Settled tax claim with United States Attorney for over $200k discount and conducted 363 sales to fund confirmed plan.
Personal tax court case with over $35M in taxes claimed with international, residency, mark to market, hedging issues. Settled the case during trial and further discounted the amount with an offer in compromise.
Our Practice Areas
Before deciding whether or not to file for bankruptcy your tax attorney should do their due diligence in assessing your financial situation …
All income tax situations are personal and unique. Our professional tax attorneys understand the …
We work with both owners and investors of Commercial Real Estate Assets in New York and provide the following services. …
We have access to equity and debt capital currently looking to deploy monies in New York Commercial Real Estate Including …
We provide the following services to distressed real estate owners. Bankruptcy. Chapter 11 Filing
…
We provide the following services to real estate developers. Legal Services. Operating, partnership and joint venture agreements.…
At various junctures Titles 11 and 26 of the United States Code intersect with one another and require the attorney to closely examine and plan their debtor client’s affairs to avoid the potential gridlock that may arise, thus facilitating a smooth transition between both bodies of law.
The basic concept of chapter 13 bankruptcy filing was always to allow individual debtors to reorganize his/her finances. The policy of giving the debtor a chance to have a fresh start in his/her life was foremost behind Congress’s providing the debtor with a discharge of his/her debts which were incurred through false representation/ fraud/ or recent consumer debt.
Navigating the labyrinth of tax laws, deductions, and filing deadlines can be a daunting experience, even for those with a firm grasp of financial matters. As tax codes continually evolve, so do the potential pitfalls and opportunities for taxpayers, making it important to stay informed and proactive in addressing tax-related issues.
New York Tax Attorney
Stephen B. Kass, P.C.
Formerly employed by the international tax consulting firms of Deloitte & Touch, LLP. and Marcus LLP, Mr. Kass has provided reliable tax controversy services regarding sophisticated matters for years. He is admitted to the Bars of the States of New York and New Jersey as well as the Federal Courts for the Eastern and Southern Districts of New York as well as Tax & US Supreme Courts.
He is also a member of the American Institute of Certified Public Accountants, and the Association of Attorney-Certified Public Accountants, and a gold member of the Tax Representative Network.
He also has completed a Masters of Laws in Taxation at New York University School of Law. Mr. Kass has given numerous lectures on the complexities of the interplay between the Internal Revenue and Bankruptcy Codes.
Mr. Kass advises clients in tax controversy with respect to Bankruptcy problems, Tax problems, debt restructuring, corporate reorganizations, Tax Planning and deal structuring in New York, among his other services.
Respected NY Tax Reputation
Featured New York Tax Article
The Internal Revenue Service (IRS) is responsible for collecting taxes and enforcing tax laws in the United States. As the new year rolls in, there are new rules and regulations that taxpayers should be aware of. In this article, we will provide you with a comprehensive guide on the new rules that the IRS has put in place for the year 2023.
The IRS has made several changes to tax laws that will impact taxpayers in 2023. It’s important to understand these changes to avoid penalties and fines. The following sections will explain the new rules in detail.
New York Tax Attorney Testimonials
Steve is an amazing person. Honest. Caring. Intelligent. As we have moved through our careers and personal lives, he remains a constant. I am honored to have worked with him, call him a friend and know he will always be there for advice. All the best Steve. B
I hired Stephen Kass in the spring of 2013 at a challenging time when I was closing my restaurant group. Mr Kass is an outstanding expert in tax, restructuring and bankruptcy matters. He understands the intricacies of the law and provides value to his clients with every decision he makes.
Stephen Kass consistently exceeded my expectations : he is creative, professional, deadline and results driven, organised, diligent, detail oriented and ethical. Stephen Kass does not spend time nor energy in small talks, he spends every second addressing distressed situations and does so brilliantly.
I also dealt with his team who was similar to him. Stephen Kass' law firm is super efficient thanks to his charisma and his focus on efficiency.
If there is only one attorney to hire in NYC it should be him.
I have worked on a number of projects with Stephen. Stephen has a great ability to understand the details from various business perspectives. He is very organized in his approach to his deal flow. I enjoy working with him because I know he accomplishes exactly what needs to be done.
I have worked with and consulted Stephen on various matters since 2002. In those thirteen years, I've seen him excel at the core elements of his practice and corporate endeavors: helping his clients obtain the necessary results with his knowledge, professionalism and ethical standards. I would not hesitate to coordinate services to, or recommend clients to Stephen.
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