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).
Data Security and Privacy Symposium
Time: 8:00 a.m. - 4:30 p.m.
State Bar of Georgia Conference Center, 104 Marietta Street NW, Atlanta, GA 30303
Attorneys Shannon Sprinkle and Matt Gass will be moderating and participating on a panel focused on Litigation Trends in Privacy and Data Protection on April 17, 2024 presented by the Atlanta Bar Association.
Retirement Plans: How to Guard Against Fiduciary Liability
In recent years, we have seen more and more ERISA class action claims against retirement plan sponsors and committees for breach of fiduciary duty. In the past, such claims were generally only made against very large plans but we are starting to see claims against smaller plans. The primary allegation is often that the fiduciaries failed to seek the lowest fees available or put another way the fiduciaries were “asleep at the wheel.” By one report, 463 lawsuits have been filed over the last eight years claiming fiduciaries failed to obtain the lowest available fees. Lexington office attorney Andy Jacobs takes a look at the issues in this Stites & Harbison Client Alert.
Taylor Stuckey Appointed Chair of Stites & Harbison’s Trusts & Estates Service Group
LEXINGTON, Ky.—Stites & Harbison, PLLC is pleased to announce that attorney Taylor J. Stuckey has been appointed Chair of the firm’s Trusts & Estates Service Group.
Kentucky Super Lawyers® Honors 49 Stites & Harbison Attorneys for 2024
LOUISVILLE, Ky.—The 2024 edition of Kentucky Super Lawyers® recently honored 49 Stites & Harbison, PLLC attorneys in the Covington, Frankfort, Lexington and Louisville, Ky., offices. The publication named 35 attorneys to the Super Lawyers® list and 14 attorneys to the Rising Stars® list.