Biography

Larry’s practice focuses on tax planning and compliance for small to medium-sized businesses including energy, restaurants and retail, real estate, and legal and professional services companies. Larry performs tax planning and compliance for individuals, corporations, partnerships, estates and trusts. He has extensive experience in the specialized area of federal and state partnership taxation. He regularly advises families on estate administration and helps business owners make the most tax efficient decisions.

Larry is a founding shareholder of Duff Kitchel & Company and is a certified public accountant.

Representative Highlights

• Implemented and continually assist with the accounting and tax planning and reporting of a multiple entity, closely held, rental real estate business.
• Assisted with due diligence, budgeting and analysis of clients' investment/reorganization in a long established Houston Mexican restaurant.
• Developed and implemented accounting systems and procedures and tax compliance procedures for a multi-million dollar estate with multi-state oil & gas holdings.
• Prepared tax planning and compliance for clients' $60 million sale/recapitalization of an upstream oil services limited partnership to a private equity firm.
• Assisted owners of a closely held company with estate planning including sale of a portion of the business to an IDGT (Intentionally Defective Grantor Trust).