Paul is a tax attorney who concentrates his practice in public finance transactions and taxation of business and non-profit organizations. He has extensive public finance experience, regularly serving as bond counsel to municipalities, school districts and public agencies. Paul also represents borrowers in tax-exempt financing transactions and serves as bond underwriters’ counsel. His public finance work includes representing municipalities and property owners establishing sewer, water and other special improvement districts.
Paul also counsels clients on New York economic development incentives including Industrial Development Agency PILOT Agreements, Empire Zone, Excelsior and Brownfield tax credits, and Start-Up NY tax benefits.
In his general tax practice, Paul advises business clients on a variety of tax matters including choice of entity and ownership structure questions, partnership tax matters (including drafting LLC operating agreements and partnership agreements with special allocations, guaranteed payments and similar terms), Subchapter S corporation tax issues, tax free Section 1031 exchange transactions, corporate reorganizations, New York State sales tax and other tax issues. He also represents higher education, health care and other non-profit organizations on matters relating to qualification for tax exemption, unrelated business income tax and New York State sales tax and real property tax exemption matters.
Paul is also a Certified Public Accountant, and worked with a “Big 8” public accounting firm prior to entering the practice of law.