Stuart’s practice is concentrated on federal, state and local tax matters, including formation of business entities, business planning, preparing partnership and limited liability company agreements with special emphasis on structuring profits interests and complex allocation and distribution provisions in such agreements, mergers and acquisitions, federal consolidated returns, like-kind exchanges of real and personal property, conservation easements, tax aspects of financial restructuring and cancellation-of-indebtedness income, dealing with valuation issues, administrative appeals and audit representation before the Internal Revenue Service and obtaining private letter rulings. He is a member of our Tax Practice Group, Corporate and Securities Practice Group, and the Emerging Growth Companies Team.
Stuart has provided tax counsel in connection with many of the largest corporate transactions handled by the firm, including the reorganization of the holding company structure for Blount International, Inc. He has advised banks, bank holding companies and other financial institutions with respect to tax aspects of acquisitions and furnishes tax opinions for corporate clients engaging in acquisitive reorganizations.
Over the past fifteen years Stuart has pursued a strong interest in the use of partnerships, limited liability companies, limited liability partnerships, joint ventures, S corporations and other passthrough tax entities to achieve tax and estate planning goals for clients. He has drafted partnership agreements and LLC operating agreements for a wide variety of start-up businesses, existing concerns, and for family planning purposes. Since 2008 he has been one of the authors of a column on S corporations – “The S Corporation Corner” – in The Journal of Passthrough Entities.