Tax Matters

O'Reilly Rancilio's Michigan real estate and business law attorneys counsel clients and structure transactions in the most tax beneficial manner for the client, oftentimes coordinating with the client's accountant. Almost all business transactions involve tax issues which may affect the business involved in the transaction and the owners of such business.

Our lawyers address tax matters such as recognizing capital gains instead of ordinary gains, achieving greater depreciation deductions, qualifying for 1031 tax free exchanges, structuring tax free reorganizations, structuring of entities to minimize taxes to the owners, and filing of proper paperwork in transactions to avoid tax penalties and fines.

Our Latest News & Articles
NOTABLE WOMEN IN LAW
Congratulation to Sharon DeWaele-Persichini on being selected as a Notable Women In Law by Crain’s Detroit Business. Sharon is a shareholder of the firm and serves as the City Attorney for Harper Woods and Richmond Township. Read More
Danielle M. Paglia Joins O’Reilly Rancilio
O’Reilly Rancilio is pleased to announce that Danielle M. Paglia has joined the firm as an associate. Danielle is focusing her career in civil law. Ms. Paglia is experienced in civil litigation, contract disputes, real estate, and landlord-tenant l… Read More
Tracey A. Kane Joins O’Reilly Rancilio
O’Reilly Rancilio is pleased to announce that Tracey A. Kane has joined the firm as an associate. Ms. Kane has focused her career on family law. She has successfully represented clients in divorce, child custody, parenting time, paternity, spousal… Read More
O’Reilly Rancilio Attorney Awarded Prestigious Richard Notte Civic Leadership Award
O’Reilly Rancilio attorney Clark A. Andrews was honored by the Sterling Heights Area Community Foundation with the Richard Notte Civic Service Leadership Award at the Foundation’s annual Puttin’ on the Ritz event. Andrews was recognized for his… Read More
New Shareholder - Arvin F. Zora
O’Reilly Rancilio P.C. is pleased to announce that Arvin F. Zora has been named a Shareholder of the Firm. Arvin’s practice focuses on mergers and acquisitions, transactional law, corporate law, closely held businesses, banking & finance, lit… Read More
Eugene R. Hamlin Joins O'Reilly Rancilio
O’Reilly Rancilio is pleased to announce that Eugene R. Hamlin has joined the firm as a shareholder. Mr. Hamlin’s practice focuses on probate administration and litigation as well as estate planning. He also has experience in a variety of legal m… Read More
BOI Reporting Update: U.S. Department of Treasury Will Not Enforce the Corporate Transparency Act Against Domestic Companies
Small business owners can breathe a sigh of relief this week as the U.S. Department of Treasury announced that it would be suspending enforcement of the Corporate Transparency Act (CTA) for U.S. based companies. The news followed after the Treasury D… Read More
UPDATE: BOI Reporting Requirements Under The Corporate Transparency Act (CTA) Are Once Again Back In Effect
The obligation for the majority of small businesses to file their Beneficial Ownership Information (BOI) reports has been reinstated. On February 18, 2025, the U.S. District Court for the Eastern District of Texas in Smith, et al. v. U.S. Department… Read More
UPDATE: Injunction Reinstated on Corporate Transparency Act Reporting Obligations
On December 26, 2024, three days after reinstituting the mandates of the Corporate Transparency Act (CTA), the Fifth Circuit Court of Appeals reversed its decision. The court previously granted the government’s motion to stay the preliminary injunc… Read More
UPDATE: Corporate Transparency Act Mandatory Reporting Obligations Return After Lifting of Injunction
On December 23, 2024, the Fifth Circuit Court of Appeals granted the government’s motion to stay the preliminary injunction previously issued in Texas Top Cop Shop, Inc., et al. v. Garland, et al.,[i] which reinstated the obligations of small busin… Read More
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