Transactional Tax and Tax Planning

Transactional Tax and Tax Planning

Due to the uncertainty and complexity of tax laws and regulations, businesses need advisors who can help them decipher the intricacies of tax laws in a helpful and understandable manner. In addition, they need achievable and effective tax solutions and planning strategies that do not undercut the overall economic and business needs of a transaction.

Taft’s Transactional Tax and Tax Planning attorneys deliver practical tax and business advice concerning the ramifications of tax laws. We collaborate and cooperate with our clients’ advisors and affiliates, including financial advisors, investors, lenders, underwriters and accountants, to provide concrete, viable solutions.

Our Transactional Tax and Tax Planning attorneys do not perform services in a vacuum. We employ a teamwork approach that renders practical solutions across practice areas. We routinely join forced with our business and finance attorneys to build consensus on an optimal approach, as well as members of other Taft practices. Our services include:

  • Strategic planning.
  • Structuring advantageous tax procedures.
  • Advising to advance objectives.
  • Problem solving.
  • Auditing to mitigate risk.
  • Resolving controversy.

Team members have been recognized in a variety of legal publications, including Ohio Super Lawyers and Best Lawyers in America. In addition, Taft’s Tax group was listed in U.S. News – Best Lawyers® 2017 “Best Law Firms” as National Tier 3 for Tax Law and Metropolitan Tier 1 in Cincinnati, Cleveland and Dayton. Group members frequently present at venues such as the Ohio Tax Conference, Cleveland Tax Institute, Cleveland State and Local Tax Institute and chambers of commerce.

Related Practices

Notable Matters

  • Conducted an economic development analysis involving existing TIF Districts for statutory compliance, consolidation and project strategy – analysis found significant additional annual revenue and refinancing plan generating additional bond capacity.
  • Represented a non-profit hospital for the construction of a multimillion dollar medical office building that included NMTC financing from multiple CDEs.
  • Represented a developer in connection with acquiring and redeveloping an existing inner city building for a $16 million mixed-use retail, office and residential development with financing partially obtained through an NMTC loan and that also involved federal and state historic tax credits.