About Us

Who are we?

McDonnell Coates, LLP is a boutique law firm servicing Ellis County & Dallas County areas that focuses on income tax resolution services and business, tax and asset protection planning. We have several years boutique law firm servicing Ellis County & Dallas Countyexperience in resolving all income tax issues including substantially reducing the overall tax debt and releasing wage garnishments, levies and other negative collection efforts of the IRS. At the resolution we discuss steps you can take to cut your exposure to income tax issues in the future.

We evaluate start-up and existing business to make sure the business is organized to offer the best tax and asset protection possible to its owners. Tax planning is important because the less a business pays in tax the more cash flow is available to create personal wealth for the owners or to invest more capital into the business. Also, why start a business to get sued and lose it? With proper planning, this risk can be substantially reduced.

We evaluate start-up and existing business to make sure the business is organized to offer the best tax and asset protection possible to its owners. Tax planning is important because the less a business pays in tax the more cash flow is available to create personal wealth for the owners or to invest more capital into the business. Also, why start a business to get sued and lose it? With proper planning, this risk can be substantially reduced.

Also, one of the most important aspects of starting a business and one of the most overlooked aspects of starting a business is your exit strategy. Sooner or later the business owner will want to sell or retire from the business. With proper planning, you can maximize your price for your business or substantially reduce transfer taxes when you transfer the business to children.