Honigman Miller Schwartz & Cohn LLP
Tax

Our tax practice includes structuring of transactions and business entities, corporate transactions and restructurings, executive compensation, mortgage backed bonds and REMICs, offshore captive insurance companies, oil and gas development, partnerships, real estate transactions, savings and loan associations and other financial institutions, state taxes (including, for example, sales and use taxes and the Michigan single business tax), synthetic fuels, reallocation issues among commonly controlled entities, subchapter S corporations, limited liability companies, syndications, domestic relations disputes, tax-exempt financing, international matters, tax-exempt organizations, estate planning and tax-qualified plans.

Our Tax Department frequently represents clients before federal and state tax authorities, administrative tribunals and the courts.

The Tax Department counsels clients directly and assists other attorneys at the firm in providing complete legal service in such areas as:
* Choice of Entity
* Structuring Transactions
* Securities Offerings
* Individual Tax Advice
* Representation During Tax Audits and Appeals
* Tax Litigation - Participation in the Legislative Process
* Nonconventional Fuel Tax Credit/Synthetic Fuel Transactions
* Advice Concerning Return Preparation

The practice of tax law today requires technical expertise, the ability to keep pace with the ever-changing state of the law and innovative solutions to new tax problems. The clients of Honigman Miller Schwartz and Cohn LLP demand sophisticated tax counsel. We seek to meet those demands through the expertise, experience and innovation of our Tax Department.

Fifteen attorneys comprise our Tax Department. Several have earned masters degrees in nationally recognized tax programs. Other attorneys in the Department have strong accounting backgrounds and all have outstanding academic records from some of the finest law schools in the country, including New York University, Virginia, Harvard, Yale, Notre Dame, the University of Michigan, and Wayne State University. Together with attorneys from other practice areas within the firm, including employee benefits and real estate tax appeals, the firm provides complete service with respect to all aspects of international, federal, state and local taxation.

Our tax practice is varied and sophisticated. It includes, in major part, the structuring of transactions and business entities, both from a U.S. domestic and international perspective. Our Tax Department has substantial experience in the areas of business transactions and restructurings, international tax matters, Subchapter C corporations, consolidated income tax returns, the reallocation of profits and expenses among commonly controlled entities, transfer pricing, executive compensation, partnerships and joint ventures, real estate transactions, mortgage-backed bonds and REMICs, tax-exempt financing, real estate investment trusts, syndications, offshore captive insurance companies, oil and gas development, savings and loan associations and other financial institutions, the taxation of sophisticated financial products, state taxes (including, for example, sales and use taxes and the Michigan single business tax), multi-state tax matters, state and local tax incentives and tax increment financing, Subchapter S corporations, low income housing and historic rehabilitation credits, brownfield and energy credits, tax-exempt organizations, estate planning, and tax-qualified plans.

The size and sophistication of our Tax Department is an invaluable resource to our clients given the expanding scope and complexity of the tax law. The recent flurry of legislative and regulatory activity, including enactment of numerous major federal tax acts, has made taxation one of the most challenging areas of the law. The Department monitors the development of the law through contacts with Congressional tax staffs, the U.S. Treasury Department and the Internal Revenue Service, as well as through computerized information services and numerous tax publications. All of these actions ensure that our attorneys and clients are kept abreast of potential changes in tax laws or rules which may affect them.

The following are a few examples of the activities engaged in by our Tax Department:
- Choice of Business Entity
- Structuring Transactions
- Securities Offerings
- Nonconventional Fuel Tax Credit/Synthetic Fuel Transactions
- Individual Tax Advice
- Representation of Clients During Tax Audits and Appeals
- Tax Litigation
- Participation in the Legislative Process
- Advice Concerning Tax Return Preparation
- Business, Estate and Succession Planning

Honigman Miller Schwartz & Cohn LLP
First National Bldg #2290
660 Woodward Ave
Detroit MI 48226-3506
Tel: 313 465-7000
Fax: 313 465-8000
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