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ERC Foresenic Review puts you and your business in the best position

At Aegis Lion, we offer an ERC Forensic Review service by licensed attorneys to ensure the accuracy and compliance of your previous ERC claims. The ERC is a federal payroll tax credit designed to support businesses during the challenging times of COVID-19. With the potential credit amount making eligible businesses able to obtain up to $26,000 per employee, it is crucial that your company's claims align with IRS guidelines with respect to qualification.

The ERC has attracted significant attention from business owners seeking to benefit from these substantial credits. However, it is important to be vigilant as not all claims may be properly calculated or qualified. The IRS has noted a surge in improperly filed ERC claims conducted by third parties. This resulted in ERC being listed in the IRS Dirty Dozen list of tax scams with respect to tax year 2022.

At Aegis Lion, we understand the concerning situation of unscrupulous third-party promoters preying on business owners, and we are committed to providing assistance. We seek to determine if your business has been targeted by one of these scams in addition to rectify any inaccuracies in your filing.

Contact Aegis Lion today to learn more.

  • What is a deferred sales trust?
    A deferred sales trust is a tax-deferral strategy used by high net worth individuals who wish to sell appreciated assets, such as real estate, without incurring capital gains tax at the time of sale.
  • How does a deferred sales trust work?
    The process involves the creation of a trust and the transfer of the asset to the trust in exchange for a promissory note. The note pays the seller interest over a set number of years and the buyer pays the trust directly for the asset over the same period. By structuring the sale in this way, the seller can defer the capital gains tax and spread it out over the term of the promissory note, potentially reducing their tax burden.
  • What are the benefits of a deferred sales trust?
    A deferred sales trust can provide tax deferral, flexibility and control over the timing and use of the funds, as well as potential tax savings. It can be particularly useful when the seller wants to avoid a large tax liability that would result from a traditional sale, wants to diversify their investments, or is not in immediate need of the proceeds from the sale.
  • What types of assets can be transferred to a deferred sales trust?
    A deferred sales trust can be used for various types of appreciated assets, such as real estate, businesses, and securities.
  • Are there any risks associated with a deferred sales trust?
    As with any financial strategy, there are potential risks and downsides to consider, such as the need to comply with specific legal and regulatory requirements, the potential for changes in tax laws, and the possibility of lower returns or default on the promissory note. It's important to work with a qualified professional, such as a tax attorney or a financial advisor, to assess the risks and benefits and determine if a deferred sales trust is right for you.
  • How can I set up a deferred sales trust?
    The process of setting up a deferred sales trust can be complex and requires the assistance of a qualified professional. It typically involves the drafting of legal documents, the creation of a trust, and the transfer of the asset. Working with an experienced tax attorney or a financial advisor can help ensure that the trust is structured properly and meets your goals and needs.

RECENT CASE EXAMPLES

Outcomes matter.

They can't be guaranteed, but they matter to you and to us. We work to vigorously protect our clients' interests.

Practice Transaction

Represented orthodontic practice in OSO transaction. Negotiated increased multiple (+2x) ,additional doctor protections.

Estate

Planning

High-net-worth divorce, drafted trust vehicles to protect high value assets. Successfully protected our client's interest.

Capital Gains Taxes

Client sold business for $10M+. Coordinated all parties to establish an Aegis Tax Deferral Trust saving the client over $2M in taxes.

State Board License

Brought expertise to the evaluation to identify errors in initial Board evaluation, client receives modified 'no findings' result.

TESTIMONIALS

Take their word for it.

"He has been wonderful to work with during difficult and stressful circumstances.  By being able to help me stay calm and offering wise counsel, he has guided me through challenging circumstances and accomplished very positive outcomes."  

A.V.

"He listened to my concerns, provided me with timely and thoughtful analysis, made recommendations, managed my expectations, helped with negotiations, and guided me through this dispute. The result was that he helped me through this challenge and the outcome was better than I expected."

Alan Peet, DDS

Olympic Peninsula Oral Surgery

"I am extremely grateful to him for his caring, nonjudgmental nature, and the way he was able to encourage, support and help me to continue to feel hope when emotions and discouragement were weighing me down.  I would definitely recommend his services and count him as an extremely important legal and professional advisor in my professional life.  You have made a huge impact on my life and the future of my family!" 

Nathan Tanner, DDS, FAGD

Tanner Dentistry

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