Senior Member

Bruce M. Reynolds

Bruce Reynolds is a Senior Member of the firm based in its Lexington office although he advises lawyers located in other offices as to complex tax matters. His practice focuses primarily on taxation and tax related matters, including tax controversies and disputes, business transactions and estate planning for business owners. He also has been involved in numerous disputes involving fiduciary relationships.

During his long career with Stites & Harbison, Bruce has assisted many of the firm's largest clients with a myriad of complex federal, state, and local tax matters. His most notable tax case involved the successful representation of a Chicago Board of Trade floor trader before the United States Tax Court in a commodity straddles case which resulted in a decision that invalidated two Treasury regulations. He also has assisted clients in obtaining favorable private letter rulings from the Internal Revenue Service in a variety of matters of first impression.

Recent News, Articles & Speaking Engagements

Recent Cases Define the Prohibition Against Tax Collection During Refund Suits

co-author with Susan R. Crowe, Journal of Taxation, Vol. 106, No. 5, May 2007

Corporate Taxation

Teacher, University of Kentucky College of Law, Spring 2006

IRS Modifies Position and Allows Discounts on Intra-Family Stock Transfers

Vol. 71, No. 6, Taxes Magazine, 381, June 1993

Is There Any Statute of Limitations on the 'Tax Shelter' Penalties?

Vol. 77, No. 6, Journal of Taxation, 342, December 1992

Planning for Partnership Disputes

Chapter 4, Kentucky Partnership Law Handbook, 1991

Applying I.R.C. Section 1033 to Involuntary Conversion of Thoroughbred Horses

Vol. 70, No. 4, Kentucky Law Journal, 987, 1983

Tax Free Exchange of Interests in Thoroughbred Horses

Vol. 69, No. 8, Taxes Magazine, 547, August 1981
Recent Assignments
Bar Admissions
Kentucky
U.S. Claims Court
U.S. Court of Appeals for the 6th Circuit
U.S. Court of Appeals for the 7th Circuit
U.S. District Court for the Eastern District of Kentucky
U.S. District Court for the Western District of Kentucky
U.S. Supreme Court
U.S. Tax Court
Memberships
American Bar Association
Kentucky Bar Association
Education
More Than Stites & Harbison

After graduating from college and law school at the University of Kentucky, Bruce spent four years in Washington, D.C. working first for the Chief Counsel of the Internal Revenue Service and then as an attorney-advisor to the Hon. J. Gregory Bruce, Judge of the United States Tax Court. Also, while in Washington, he earned an LL.M. in Taxation from Georgetown University.

Bruce and his wife, Kathy (a certified public accountant), have been married since 1970 and they have a son, Ben, a New York investment banker. Bruce is an avid sports fan with a love of basketball and soccer. His idea of a vacation is being on a bicycle on the back roads of Italy looking forward to his next glass of wine and bowl of pasta.

Accolades

Martindale-Hubbell® AV-Preeminent® Peer Review Rated

Best Lawyers in America®, Employee Benefits (ERISA) Law; Litigation & Controversy - Tax; and Tax Law (1993-2022)

Best Lawyers in America®, Lexington Area Lawyer of the Year for Employee Benefits (ERISA) Law (2014)

Best Lawyers in America®, Lexington Area Lawyer of the Year for Tax Law (2011)

Kentucky Super Lawyers® (2010-14)

M Hicon 2020
Reynolds Best Lawyers 2022
Reynolds Bestlawloy2014
Reynolds Bestlawloy2011
Reynoldssuperlaw
See more related to Bruce M. Reynolds
Press Releases

Stites & Harbison, PLLC Lawyers Named to 2022 Best Lawyers® Publications

LOUISVILLE, Ky.—Stites & Harbison, PLLC is pleased to announce that 93 lawyers are included in the 2022 Edition of The Best Lawyers in America©. Since it was first published in 1983, Best Lawyers® has become universally regarded as the definitive guide to legal excellence. Additionally, 11 attorneys are named as “Lawyer of the Year” and 14 attorneys are recognized in “Best Lawyers: Ones to Watch,” which recognizes attorneys early in their careers for outstanding professional excellence in private practice in the United States.

by Stites & Harbison, PLLC September 01, 2021
Press Releases

Stites & Harbison, PLLC Lawyers Named to 2021 Best Lawyers® Publications

LOUISVILLE, Ky.—Stites & Harbison, PLLC is pleased to announce that 82 lawyers are included in the 2021 Edition of The Best Lawyers in America©.

by Stites & Harbison, PLLC August 20, 2020
Press Releases

Best Lawyers in America Honors 75 Stites & Harbison attorneys for 2020

LOUISVILLE, Ky.—The Best Lawyers in America© 2020 has recognized 75 Stites & Harbison, PLLC attorneys as selected by their peers in 49 areas of practice. Forty-three of those attorneys selected have been honored for 10 consecutive years or more.

by Stites & Harbison, PLLC August 22, 2019
Press Releases

Best Lawyers in America honors 72 Stites & Harbison attorneys for 2019

LOUISVILLE, Ky.—The Best Lawyers in America© 2019 has recognized 72 Stites & Harbison, PLLC attorneys as selected by their peers in 49 areas of practice. Forty-two of those attorneys selected have been honored for 1...
by Stites & Harbison, PLLC August 16, 2018
Press Releases

Best Lawyers in America honors 79 Stites & Harbison attorneys for 2018

LOUISVILLE, Ky.—The Best Lawyers in America© 2018 has recognized 79 Stites & Harbison, PLLC attorneys as selected by their peers in 51 areas of practice. The number of honorees increased since last year, 74 to...
by Stites & Harbison, PLLC August 17, 2017
Press Releases

Best Lawyers in America honors 74 Stites & Harbison attorneys for 2017

LOUISVILLE, Ky.—The Best Lawyers in America© 2017 has recognized 74 Stites & Harbison, PLLC attorneys as selected by their peers in 51 areas of practice. The Best Lawyers in America© is a nationally recognized referral...
by Stites & Harbison, PLLC August 29, 2016
Press Releases

Best Lawyers honors 72 Stites & Harbison attorneys for 2016

(image) LOUISVILLE, Ky.—The Best Lawyers in America® 2016 has recognized 72 Stites & Harbison, PLLC attorneys as selected by their peers in 50 areas of practice. The Best Lawyers in America® is a nationally recognized...
by Stites & Harbison, PLLC August 20, 2015
Press Releases

Best Lawyers honors 89 Stites & Harbison attorneys for 2015

(image) LOUISVILLE, Ky.—The Best Lawyers in America® 2015 has recognized 89 Stites & Harbison, PLLC attorneys as selected by their peers in 57 areas of practice. The Best Lawyers in America® is a nationally...
by Stites & Harbison, PLLC August 22, 2014