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Compliance

Navigating complex tax issues, meeting regulatory, reporting and other requirements.

The insight, expertise and precision to deliver maximum value.

ELLO has a deep bench of specialists who stay-up-to-date with constantly fluctuating federal, state and local tax laws, including those regarding multi-state taxation. We support a variety of businesses across the U.S. navigating very complex multi-state taxation regulatory and reporting requirements.

Services Include

Multi-state Tax Solutions

Complying with multi-state tax regulatory and reporting requirements can be time-consuming, expensive and extremely stressful. Not to mention in the cannabis space, you also have to deal with both state and local taxes based on the ordinance and regulatory scheme in each. ELLO provides our clients with not only the best multi-state tax compliance, but also comprehensive tax preparation service and advice. That’s because our experienced team stays current on the latest tax laws, at the local, state, and federal levels. If we do encounter a situation we are not familiar with in another state, we have a network of affiliated firms to turn to for complex taxes issues crossing states from California to New York, Florida to Alaska, Hawaii to Oklahoma. Throughout the tax year, we can guide you on ways to save as much as money possible on taxes while maintaining reputable, thorough and concise tax records.

With our help you can navigate your state-to-state tax issues and organize your tax documents so the process runs smoothly to completion as quickly as possible.

Trusts & Estate Tax Solutions

We understand the unique challenges families face as they go through the estate planning process. With so many changes in estate tax law over the past decade, and more being predicted in coming years, that challenge becomes even more daunting.  We can help.

ELLO offers experts in estate and inheritance tax planning. Our advisors work hand-in-hand with families and their attorneys to provide more valuable estate planning options. This helps our clients secure a lasting legacy with value-added insight on managing estates, inheritances, and other forms of inheritance.

Planning for Inheritance and Estate Taxes

When a deceased person’s estate value exceeds a certain threshold, a federal form 706 (U.S. Estate and Generation Skipping Transfer Tax Return) must be filed within nine months after the date of death. Any due taxes, including one or more additional state income and trust tax return filings, must also be paid at that time. This is a major burden for family and loved ones and comes with a significant level of risk. Failure to file the returns and/or pay the tax due in a timely manner could result in a loss of tax benefits and significant additional penalties and interest. Planning ahead provides peace-of-mind to loved ones and strengthens a legacy, as the amount saved can be as high as 10% to 15% of the gross estate.

Often, persons with inheritance tax issues have business tax issues as well; as a business is often part of the estate. ELLO works with a wide array of corporations and businesses throughout the U.S. and abroad, including technology firms, gaming, hospitality and native tribes, and cannabis businesses, offering the best tax services and tax preparation available. Our expert team has years of tax preparation experience working with S Corporations, C Corporations, LLC’s, and Partnerships of all types. Regardless of size, we can work to minimize tax expenditures.

Navigating Estate Taxes

Property in California and other major markets often exceeds national values across the spectrum, and many residents have substantial businesses or other holdings in assets, as well as international tax exposure. As successful persons mature, there is an increasing possibility that their estates exceed the minimum federal tax. In addition, many people seek to pass wealth to their children or to help them build a business or finance an education. Gifting can be a beneficial tax strategy, if one understands the restrictions and gift tax implications. Our tax experts can help our clients plan to minimize estate, inheritance, or gift taxes wherever possible.

Planning for the future

Understanding scenarios involved in trust and estate taxes can be daunting and emotionally difficult. No one likes to think about the end times. But with proper planning and management it is possible to make a great impact helping non-profits, children, family, or friends. By successfully addressing and planning for estate and inheritance taxes one can gain piece of mind to enjoy life and think of one’s legacy as an on-going asset

Expatriate Tax Solutions

ELLO has advisors who are experts in providing international tax services for individuals and families. There are countless expatriates living and working in the U.S. who are exposed to tax issues both in the U.S. and in their home country.  A growing part of our tax solution is helping foreign nationals, including Citizens of Canada, China and Mexico — as well as individuals from all parts of Latin America, Western Europe, Asia and the Pacific Rim.

Expatriate Tax Preparation Services

ELLO works with a wide variety of foreign nationals who work in the U.S. for some or all of the year. This can create complex tax liabilities both in the U.S. and in one’s home country. We offer expert advice navigating these uses to maximize your expatriate tax position. We offer extensive experience providing expat tax return preparation services in the U.S. for Canadians, UK residents and many others.

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Service Leaders

Dana Borys

Dana Borys

Partner

Jan Rosati

Jan Rosati

Partner

Natalia Velez

Natalia Vélez

International Tax Partner

Tony Wu

Tony Wu

International Tax Partner

Sanjay Agarwal

Sanjay Agarwal

International Tax Partner

Find out more about how our Compliance solution can help your organization.

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