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
Donald P. DeNault, Jr. Named to the 2026 Michigan Legal 250 in Education
O’Reilly Rancilio is pleased to announce that Donald P. DeNault, Jr. has been named to the 2026 Michigan Legal 250 by Lawyers Weekly in the Education category. A lifelong Macomb County resident, DeNault has practiced law with O’Reilly Rancilio P.… Read More
A Win for Michigan Consumers: State Supreme Court Narrows a Key Business Exemption
On July 31, 2026, the Michigan Supreme Court made it harder for regulated businesses to escape consumer-protection claims just because their industry is licensed or regulated by the state. Before the Ruling: A Broad Shield for Regulated Businesses Th… Read More
O’Reilly Rancilio Attorneys Named Super Lawyers
Eight O’Reilly Rancilio attorneys have made the peer-selected Super Lawyers lists. Each year, no more than five percent of the lawyers in Michigan are selected by the research team at Super Lawyers to receive this honor. Nearly 50,000 attorneys… Read More
Michigan Supreme Court Strengthens Protection for Trust Assets Against Creditors
If you have a retirement account or life insurance policy payable to a trust, a recent Michigan Supreme Court decision now provides more protection. The Court ruled that creditors generally cannot reach 401(k) and life insurance proceeds held in a tr… Read More
FinCEN Reporting Requirements Vacated
A 2024 Final Rule from the Financial Crimes Enforcement Network (“FinCEN”), would require that as of March 1, 2026, any non-financed residential real estate transaction where ownership is transferred to an entity or trust, subject to a few except… 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
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