Taxation
The attorneys of Stites & Harbison’s Tax Group assist a variety of clients (corporations, estates, exempt organizations, individuals, limited liability companies, partnerships, trusts and universities) with tax planning and litigation on the federal, state and local levels. The attorneys include a former United States Tax Court law clerk and a former attorney for the Internal Revenue Service’s Office of Chief Counsel (Tax Court). Many of the attorneys have master-of-law degrees in taxation.
The attorneys of Stites & Harbison’s Tax Group routinely serve clients in a range of matters that include:
- Aircraft Acquisition and Leasing
- Aircraft Fractional Interests
- Alternative and Renewable Energy Tax Planning
- Business Acquisitions
- Business Contracts
- Business Formations
- Business Liquidations
- Business Mergers
- Business Planning
- Business Restructurings
- Cafeteria Plans
- Captive Insurance Companies
- Charitable Contributions
- Corporate Spin-Offs, Split-Offs and Split-Ups
- Corporate Tax
- Divorce Tax Planning
- Elder Law
- Employee Benefits
- Employee Plans Voluntary Compliance Program
- Employee v. Independent Contractor
- ERISA (fiduciary, prohibited transactions, etc.)
- ESOPs
- Estate & Gift Planning
- Estate & Gift Tax (including tax return preparation)
- Executive Compensation
- Federal Excise Taxes
- Fiduciary Income Tax Returns (preparation and planning)
- FIRPTA (foreign investment in US real property)
- Georgia Income Tax
- Georgia Sales & Use Tax
- Georgia Tax Litigation
- Incentive Stock Options
- Income Tax Planning
- Individual Tax
- Interest Rate Swaps
- International Tax Planning (Inbound and Outbound)
- Investment Fund Formation (Structuring, LP or LLC Agreements, PPMs)
- IRS Appeals
- IRS Audits
- IRS Ruling Requests
- Kentucky Income Tax
- Kentucky Inheritance Tax
- Kentucky Retirement System
- Kentucky Sales & Use Tax
- Kentucky Tax Litigation
- LLC Operating Agreements
- Local Taxes
- Low-Income Housing Credit
- Medicaid Planning
- Multistate Tax
- New Markets Tax Credits
- Nonqualified Deferred Compensation
- Nonqualified Stock Options
- Partnership Tax
- Penalty Abatement
- Pre-Nuptial and Post-Nuptial Agreements
- Private Foundations
- Probate (including litigation)
- Purchase & Sale of Assets
- Qualified Opportunity Zones
- Qualified Retirement Plans (401(k) and defined benefit)
- Regulated Futures Contracts
- REITs and RICs
- REMIC Defeasance Tax Opinions
- Restricted Stock Plans
- S Corporations
- Shareholders’ Buy-Sell Agreements
- State Tax Incentives (including PILOT incentives)
- Stock Purchase Agreements
- Stock Redemption Agreements
- Tax Court Litigation
- Tax Exempt Organizations (Formation, Exemption Applications, Intermediate Sanctions, and IRS Audits)
- Taxfree Exchanges (Code Section 1031)
- Tax Opinions
- Tax Return Review and Analysis
- Tax Settlements
- Tax Treaty Analysis and Planning
- Tennessee Business Tax
- Tennessee Franchise and Excise Tax
- Tennessee Indebtedness Tax
- Tennessee Miscellaneous Taxes
- Tennessee Sales & Use Tax
- Tennessee Tax Litigation
- Transfer Pricing
- Trust Administration (including litigation)
- Trust Agreements
- Unrelated Business Income Tax
- Voting Trusts
- Welfare Benefits (health, disability and life insurance)
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"Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one's taxes."
—J. Learned Hand, Helvering v. Gregory, 69 F.2d 809, 810 (2d Cir. 1934), citing United States v. Isham, 84 U.S. (17 Wall.) 496, 506, 21 L.Ed 728 (1873).
Stites & Harbison Attorneys Honored by 2022 Georgia Super Lawyers
ATLANTA—The 2022 edition of Georgia Super Lawyers recently honored four Stites & Harbison, PLLC attorneys based in the firm’s Atlanta office. Of special note, Joe Kingma was named to the Top 100 Georgia Lawyers list for the fifth time.
Rob Moore Named Stites & Harbison’s Frankfort Office Executive Member
FRANKFORT, Ky.—Stites & Harbison, PLLC attorney Rob Moore has been named Office Executive Member for the Frankfort, Ky., office. He succeeds attorney Mark Overstreet, who has led the office since 1997.
Tax Increment Financing – A Developer's Playbook
Jim Seiffert and Jack Seiffert take a look at Tax Increment Financing ("TIF") in this Stites & Harbison Client Alert.
2022 Issues for Corporate House Counsel CLE Seminar
Louisville office attorneys Matt Breetz and Brian Cromer will be speakers at the Kentucky Bar Association's 2022 Issues for Corporate House Counsel CLE Seminar on April 12, 2022.
Supreme Court Rejects OSHA Vaccine Mandate on Private Employers – Allows CMS Healthcare Mandate for Facilities Receiving Medicare/Medicaid Funds
Holding that “[a]lthough Congress has indisputably given OSHA the power to regulate occupational dangers, it has not given the agency the power to regulate public health more broadly,” in a 6-3 decision the Supreme Court of the United States, on January 13, 2022, issued a stay of OSHA’s Emergency Temporary Standard (“ETS”) on vaccination or testing for employers with 100 or more workers.
Kentucky Super Lawyers Honors 37 Stites & Harbison Attorneys for 2022
LOUISVILLE, Ky.—The 2022 edition of Kentucky Super Lawyers recently honored 37 Stites & Harbison, PLLC attorneys in the Covington, Frankfort, Lexington and Louisville, Ky., offices. The publication named 29 attorneys to the Super Lawyers list and eight attorneys to the Rising Stars list.
Here, There, Everywhere! Top 10 Employment and Tax Considerations When Employees Work Remotely
Employment attorney Shannon Antle Hamilton, and Erica Horn, Associate Tax Director at Dean Dorton, discuss the state tax and employment law implications of remote work.
Mid-South Super Lawyers®, Rising Stars 2021
NASHVILLE, Tenn.—The 2021 edition of Mid-South Super Lawyers recently honored eight Stites & Harbison, PLLC attorneys. Five attorneys were named to the Super Lawyers list and three were named to the Rising Stars list.
Georgia Trend’s Legal Elite 2021 Honors Bill Joseph
ATLANTA—Georgia Trend magazine has selected Stites & Harbison, PLLC attorney William M. (Bill) Joseph as one of its 2021 Legal Elite in the category of Taxes, Estates & Trusts. This is the eighth time Joseph has earned the Legal Elite honor.
Stites & Harbison Earns 82 Rankings in 2022 “Best Law Firms” List
U.S. News & World Report and Best Lawyers® have released their 2022 “Best Law Firms” rankings. Stites & Harbison, PLLC’s three National Tier 1 rankings include: Litigation – Construction, Litigation – Real Estate, and Trademark Law. The firm’s overall results include 82 metropolitan rankings in six regions.
Where the Heck Are You? Employment and Tax Implications Arising from Remote Employees
Time: 11:00 a.m. - 12:00 p.m.
Webinar
Employment attorney Shannon Hamilton will join Erica Horn (Dean Dorton) for a one-hour webinar discussing the state tax and employment law implications of remote work on December 1, 2021.
Biden Announces Plans to Mandate Vaccination for All Federal Workers and Contractors, Private Employers with 100+ Employees, and Health Care Workers at Medicare/Medicaid Facilities
President Biden has announced plans to reduce the number of unvaccinated Americans by using regulatory and other powers to increase the number of Americans covered by vaccination requirements as COVID-19 cases continue to climb.
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.
Updating Project Financing Options — Post-Pandemic
As the pandemic begins to ease and everyday life is moving toward normalcy, whatever that may be, the pace of the economy’s resurgence, in the words of Federal Reserve Chairman Jerome Powell, “… is about to accelerate much more quickly than anticipated with output approaching its pre-pandemic level.” Capital investment, especially in distressed economic communities, will be needed more now than ever, to enable for-profits and non-profits to start and grow businesses, accelerate job growth, and lessen economic hardships triggered by COVID-19.