January 23, 2022

Volume XII, Number 23

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Attorneys in our Tax Practice Group regularly advise clients on local, state, federal, and international tax matters.  Such matters involve income, estate, gift, employment, excise, sales and use, property, and other taxes.  We are accustomed to achieving favorable outcomes in dealings with the U.S. Department of the Treasury, the Internal Revenue Service ("IRS"), the North Carolina Department of Revenue, and other State and local tax authorities.  Our services include both tax planning and dispute resolution.

Tax Planning

Our tax planning services assist clients in structuring transactions in the most tax-favorable manner.  We serve clients in a broad range of tax-related matters such as:

  • Transactional tax planning;
  • Business formation, including choice of entity decisions;
  • Ongoing business operational issues;
  • Mergers, acquisitions, reorganizations, divestitures, and liquidations; and
  • Obtaining and maintaining tax-exempt status. 

As a part of our planning services, we prepare documentation to effect tax-incentive transactions involving tax-exempt bonds and tax credits; provide tax opinions and disclosure materials concerning reorganizations, syndications, securities offerings, financings, investments, and other transactions; prepare requests for advance rulings and technical advice from the IRS or local taxing authorities; provide advice on tax reporting and withholding requirements; and prepare documentation to establish and apply for tax-exempt status.  

Dispute Resolution

For clients subject to review by or in dispute with taxing authorities, we offer comprehensive representation, at every stage and in every forum.  We regularly provide guidance to clients in:

  • Audits, proposed assessments, and refund claims;
  • Appeals, within agencies and at review bodies;
  • Mediation, arbitration, and other alternative dispute resolution;
  • Litigation in Federal (Tax, District, and Claims) and State (Tax and Business) Courts; and
  • Tax Collection arrangements.

Our Tax Practice Group attorneys have substantial experience in resolving disputes in a cost-effective manner.  Our advocacy focuses upon achieving the most successful outcome available, giving careful consideration to the business and legal costs associated with ongoing controversies. 

Clients

Our Tax Practice Group represents a diverse and large group of clients including boards, commissions, and associations; corporations in any tax classification; financial institutions; government entities such as housing authorities, cities, towns, and counties; partnerships and limited partnerships; professional corporations; limited liability companies in any tax classification; sole proprietorships; tax-exempt and nonprofit organizations in any tax classification; individuals; families; personal representatives, trustees, and other fiduciaries; estates; and trusts. We are able to provide experience across many industries in connection with their particular tax environments.

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Articles in the National Law Review database by Tax

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