Bankruptcy Tax

Hiring a nationally recognized expert in bankruptcy tax issues will give companies the speed they desire while assuring creditors that no detail has been missed.

Greenridge Financial’s experts can quickly assess the situation to determine if there are any tax consequences that could jeopardize the viability of the proposed restructuring.

Bankruptcy tax experts have a reputation for high billings. Greenridge Financial’s lean operations allow us to provide the highest quality at reasonable rates.

“Companies that ignore income taxes because of a history of losses often find themselves in costly situations which could have been avoided or mitigated had proper attention been paid.”Elisa M. Sartori, CPA, CIRA
  • Unanticipated Income & Expense Triggers
    • Cancellation of debt income
    • Excess loss accounts could trigger income
    • Alternative Minimum Tax (AMT)
  • Unanticipated Value Implications
    • Tax attribute preservation
    • Tax-free reorganizations under the IRS code
    • Other consolidated return issues such as basis and tax attribute allocations
    • Implication of tax sharing agreements