Distress Tax Planning & Setup

For companies and individuals facing financial distress, effective tax planning can make a significant difference in minimizing liabilities and preserving cash flow.

Arlyce Cleveland, Ltd. has extensive experience helping businesses and individuals evaluate options and implement tax strategies to regain financial footing.

Companies

Recent legislation such as the CARES Act and Inflation Reduction Act provides expanded planning opportunities for businesses under financial pressure.

With proactive analysis and planning, companies can take advantage of temporary tax relief provisions and long-term restructuring strategies. These may include:

Preserving net operating losses (NOLs) and carrying them back to recover prior-year tax payments

Tax implications of debt cancellation, restructuring, or forgiveness

Evaluating the tax impact of closing or selling subsidiaries or business units

Utilizing available tax credits and deductions to stabilize cash flow

Depending on your entity structure and situation, we’ll guide you through the most effective tax planning tools available today.

Individuals

Financial hardship, including unpaid tax liabilities, bankruptcy, or job loss, can feel overwhelming.

Arlyce Cleveland, Ltd. helps individuals assess their situation, understand IRS resolution options, and create a path forward—often resulting in reduced penalties, structured repayment plans, or negotiated settlements.

From evaluating tax forgiveness programs to structuring installment agreements, we work to help you reduce stress and regain financial control.