Client Alert
The U.S. Supreme Court’s Decision in Connelly Impacts Estate Tax Valuations of Closely Held Businesses
August 22, 2024
- Assists clients in determining eligibility for the Employee Retention Credit.
- Successfully represented clients in navigating and entering into Ohio and multistate voluntary disclosure agreements for sales and use tax obligations triggered by economic nexus thresholds.
- Experienced in the area of Qualified Opportunity Zones.
- Advised a client on an investment made into a Qualified Opportunity Fund.
- Provides counsel to clients with historic tax credit transactions.
- Advised multiple publicly traded companies on employee benefits matters.
- Advised clients in connection with a variety of health and welfare issues arising under ERISA.
- Structures and drafts documents in order to complete tax deferred Code Section “like-kind” exchanges of various types of real property.
- Represents clients in Internal Revenue Service and state tax disputes and collection matters.
- Counseled fiduciaries in connection with ERISA obligations.
- Advises clients regarding maintenance and compliance of qualified retirement plans, executive compensation, and health and welfare plans.
- Assists in representing clients before the U.S. Department of Labor and Internal Revenue Service, including prohibited transactions, determination letters, and plan audits.
- Represented clients in connection with litigation brought by governmental entities.
- Correction of operational, plan document, and non-amender failures under the IRS EPCRS Program.
- Experienced with qualified and non-qualified retirement plans, including IRC Section 401(a), 403(b), 415(m), 457(b), deferred compensation, and executive compensation for public companies.
- Provided legal advice to the Ohio State University Office of Legal Affairs clients regarding taxation and employee benefits issues.
