Tax and Other Financial Services

Tax and other Financial Services

Tax compliance in the bankruptcy environment has become more difficult and complex. Lain Faulkner can help guide Trustees through the tax compliance maze. LFC can assist with the preparation of Federal and state income tax returns, payroll taxes, sales taxes and informational returns. With years of experience behind them, the LFC tax department can also assist Trustees with pre-bankruptcy tax planning to avoid unnecessary taxes that could incur due to certain transactions occurring during a bankruptcy.

Cram down Interest Rate Calculation

LainFaulkner has researched and analyzed current market conditions and current, applicable court cases to perform the analysis necessary to provide or rebut an opinion as to an appropriate interest rate to be applied to secured debt under the cram down provision(s) of Section 1129(b) of the US Bankruptcy Code.