Find Lawyers in Des Moines, Iowa for Tax Law
Practice Area Overview
The structure of a transaction can significantly affect its tax consequences, and very small changes in structure or in the underlying facts can have enormous tax significance. Tax lawyers design structures with those consequences in mind, while also taking into account the parties’ commercial goals, timing issues, and any other legal or accounting considerations. The tax treatment of some transactions — such as a “spin-off,” where a company distributes subsidiary stock to its shareholders — is highly complex, and tax lawyers may assist clients in obtaining confirmation of their transactions’ tax consequences from the IRS in the form of a private letter ruling.
Tax lawyers also review and negotiate the terms of the transaction, ensuring that the legal agreements implement the deal in a manner consistent with its intended structure. The agreements also govern the relationship between the parties. They may help the parties understand the intended tax treatment, identify certain tax exposures, and allocate responsibility between the parties for any taxes that may apply.
Tax lawyers also work with clients to determine the most tax efficient manner of carrying on ongoing business operations, taking into account federal, state, local, and international tax considerations.
On occasion, tax-related disputes arise between the parties to a transaction or with the IRS or another taxing authority. Tax lawyers may represent clients in administrative proceedings, private settlement negotiations, or litigation related to these controversies.
Tax lawyers are responsible for providing technical advice and analysis, but must fully understand the overall business transaction in order to do so. The best lawyers give advice in a way that is clear, thoughtful, and business-minded. Tax lawyers need to be closely involved in a transaction from the very beginning and throughout the transaction, in order to be able to give the best advice on an ongoing basis and to be able to modify the structure, if necessary, in response to any changes to the business terms of the transaction.
Stephen L. Gordon, Partner
Andrew W. Needham, Partner
Lauren Angelilli, PartnerCravath, Swaine & Moore
Corporate Law & Commercial Litigation Legal Guide 2023View Legal Guide
Bill’s practice is focused on helping charities and other tax-exempt organizations with all their legal and business needs. Over the course of his 25-year career at the firm, Bill has helped form nearly 200 non-profit organizations and secured tax-exempt status for them. His practice also involves assisting established non-profits with the full range of their various business matters. Clients Bill’s tax-exempt clients are located throughout Iowa and range from small start-up chari...
Ron Mountsier is engaged in a general practice including but not limited to taxation, business law, corporate law, wills, trusts, estate planning and probate law. He advises clients on a wide range of taxation topics and represents many clients in tax audits, appeals and litigation, and collection matters. He also advises clients in general business and corporate law matters, as well as in estate planning and probate matters.
David practices primarily in the area of taxation. He provides a broad range of tax counsel to small businesses on topics including federal and state income tax planning, taxation of employee benefits, equity structure and mergers, and succession planning. He also counsels and advises clients with respect to the management of their wealth to minimize estate and inheritance taxes through the use of asset protection trusts, grantor trusts, powers of appointment, lifetime gifts, QTIP trusts and ...
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