Larry Goldsmith is a member of the CJBS Financial Group's litigation, asset protection and tax practices team. Larry has demonstrated success turning around financially distressed businesses in a variety of industries through the application of sound business applications. He is also regularly retained as an expert witness for a variety of issues in both federal and state court matters.
Larry has developed asset protection programs that provide tax and creditor protections for high net-worth individuals and closely held business owners. The asset protection programs accomplish the bifurcation of personal assets and business assets from creditors/lawsuits. A secondary purpose is to provide estate and business succession planning with minimal income/estate tax implications. He has specialized in litigation support assignments and many times he has served as an expert witness. These assignments include Chapter 11 accounting, forensic accounting, assignments for the benefits of creditors, and tax problems requiring resolution with the Internal Revenue Service and state taxing agencies. In his litigation support work, Larry has testified on a number of issues in divorce, bankruptcy and commercial transaction cases, damages, cash flow and malpractice.
Larry is an attorney and a licensed CPA in the state of Illinois. He received a Bachelor’s Degree in Accounting from the University of Illinois and a law degree from John Marshall Law School.
Larry is a member of the Illinois CPA Society, the Association of Insolvency Accountants and the American Institute of Certified Public Accountants. He serves on the Federal Bankruptcy Committee, the Federal and State Tax Panels of the Chicago Bar Association, and the Seventh Circuit U.S. Bankruptcy Court Mediation Panel. He has also completed a program in commercial transaction mediation. Larry serves on the Board of Directors for the Board of Jewish Education, is treasurer for the NSS Bethel Men’s Club, and is co-Chair for the 2009 gala Scopus Award dinner for American Friends of Hebrew University of Jerusalem. In addition, Larry is a noted author and lecturer on the aforementioned professional specialties.
To read Larry's latest tips and advice, visit the CJBS Blog at:
www.cjbs.com/blog
Contact Larry at
larry@cjbs.com