Are there any thrid party law firms or accounting firms that owners can talk to about the 561 Exchange?
A. Yes, most corporations have their own internal accounting, tax,and legal departments that they defer to. However, some smaller organizations have used thrid party law and accounting firms. Some Certified Public Accountants (CPA) of small organizations are not familiar with all the details of the 561 Exchange, because they operate as generalists. By contrast, most tax attorneys operating in larger law firms understand the 561 Exchange and can help the owner. We have found that our clients receved the most comprehensive guidance through their 561 Exchange transactions from Seed of The World Foundation’s 561 Specialists. Many of our clients engaging in 561 Exchange transaction have also received confirming advice from reputable accounting firms.
