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Tax

With state and federal tax codes changing every year, businesses both large and small and individuals need assurance that they are in compliance with this increasingly complex area of the law. Attorneys in the firm's Tax practice are regularly called upon to assist businesses, executives and individual clients on all aspects of international, federal, state and local business tax matters. We pride ourselves in keeping current on all changes to the tax codes that might -- positively or adversely -- impact our clients, and report our findings in a comprehensive annual tax legislative review.

Additionally, our tax lawyers assist clients in structuring mergers, acquisitions, divestitures, spinoffs, split-offs, shareholder redemptions, joint ventures, real estate ventures, and reorganizations. They are also involved in tax planning for:

  • Corporate acquisitions and dispositions, such as leveraged buy-outs, tax-free reorganizations and taxable sales of stock or assets
  • Transactions between closely held corporations (such as S corporations) and their shareholders
  • Structuring venture capital transactions (representing either the VC fund or the emerging growth company)
  • Debt and equity offerings
  • Key executives, including incentive and non-qualified stock options and other forms of compensation
  • Transactions involving limited liability companies, partnerships and joint ventures
  • Minimizing State of Connecticut business taxes, sales and use taxes, real property or conveyance taxes, and the personal income tax
  • Tax Credits and incentives in connection with environmental remediation and brownfield redevelopment
  • Tax-exempt organizations, including formation, qualification and operational issues (including minimizing excise taxes)

Members of the Tax practice represent clients before the Internal Revenue Service, including representation at the audit and appellate level and, where necessary, in tax litigation. We also regularly represent clients at every stage of the State of Connecticut audit process, including both the appellate level, and, if necessary, in state tax litigation.

Our Tax attorneys are frequently called upon to draft state tax laws and legislation. Representatives of the Tax practice drafted the Connecticut statutes governing the state taxation of the financial service industry, including insurance companies, financial institutions and their affiliates. A member of the Tax practice co-chaired both the Connecticut General Assembly and Connecticut Department of Revenue Service committees on the taxation of the financial service industry, and currently sits on the Commissioner of Revenue Services’ tax practitioner advisory group.

Publications

2017 Vol. 90.4  2016 Survey of Connecticut Tax Law Developments
July 13, 2017  2017 Legislative Session: Refusing to Budge(t)
June 8, 2017  Eagerly Awaited "Market-Based Sourcing" Guidance Issued by Connecticut Department of Revenue Services
April 28, 2017  Update on Nonqualified Stock Options and Statutory Limitations on Refunds Claims
April 28, 2017  Connecticut Limited Liability Company: Forms and Practice Manual
January 31, 2017  IRS Issues Clarification for Tax-Exempt Management Contracts -- Impact on Healthcare Providers
December 13, 2016  36-Month Rule for Reporting Discharges of Indebtedness Is Repealed
June 30, 2016, Updated December 31, 2016  Connecticut Tax Developments 2016
June 2016  Connecticut Tax Developments
2016 Vol. 89.3  Recent Connecticut Tax Law Developments
12/15/15, Updated 12/29/15  Connecticut Tax Developments 2015
12/15/15, Updated 12/29/15  Connecticut Deficit Mitigation Package Contains Limited Tax Relief
September 11, 2015  Connecticut Establishes Procedure for Administrative Relief for Underpayment of 2015 Estimated Corporation Business Tax Payments
August 25, 2014  Connecticut Delays Until 2015 the Acceleration of the Due Date for Sales and Use Tax Returns and Payments
June 18, 2014  Connecticut Tax Developments 2014
June 2, 2014  Income Tax Issues for Connecticut Businesses
December 19, 2013  2014 Connecticut Tax Forecast: DRS Legislative Proposals, Transparency and Regulations
October 31, 2013  Updated 2013 Connecticut Tax Developments
July 9, 2013  New York Court Upholds the MTA Payroll Tax
June 18, 2013  Connecticut Tax Developments 2013
October 30, 2012  MTA Payroll Tax Protective Refund Claims Due: UPDATE
October 9, 2012  Business Tax Policy Change Is In The Air (Again)
October 1, 2012  Connecticut Tax Developments 2012
June 28, 2012  Health Law Practice Group Discusses Supreme Court's Ruling on the Patient Protection and Affordable Care Act
June 22, 2012  2012 Regular and June Legislative Sessions: No News is Good News?
March 28, 2012  Connecticut Supreme Court Nexus Decision Expands Definition of Retailers Required to Collect Sales and Use Tax
February 3, 2012  DRS Rules on Hotel Room Rentals Received by Non-Profit Hospitals
November 10, 2011  New DRS Special Notice Regarding Hospital Net Patient Revenue Tax
November 3, 2011  Connecticut General Assembly Enacts Economic Growth and Jobs Creation Act in October Special Session
September 28, 2011  New IRS Classification Settlement Program Provides Tax Relief for Independent Contractor Misclassification
September 8, 2011  Tropical Storm Irene Prompts Connecticut and Federal Tax Filing Extensions
July 15, 2011  Legislative Sessions End with More Taxes and More Questions
June 14, 2011  Partial Relief for Tax-Exempt Hospitals on Form 990 for 2010
May 6, 2011  Connecticut General Assembly Approves Budget for the Biennium
March 25, 2011  Educational Organizations: Revenue Generated from Room Rentals
February 23, 2011  Governor's Budget Provides for More Taxes for Everyone
September 24, 2010  Connecticut Publishes Guidance on Economic Nexus Legislation
July 1, 2010  Connecticut General Assembly Enacts Tax Law Changes During June Special Session
June 22, 2010  Tax Credits for Angel Investors Will Become Available on July 1, 2010
June 22, 2010  IRS Issues Guidance on the Indoor Tanning Services Excise Tax
June 21, 2010  IRS Now Accepting Therapeutic Discovery Tax Credit Applications
June 16, 2010, Updated December 2010  Connecticut Tax Developments 2010
May 28, 2010  IRS Announces One-Month Application Period for Qualifying Therapeutic Discovery Project Tax Credit
May 3, 2010  Health Care Reform: Federal Tax Law Changes
December 2009  Connecticut Limited Liability Company: Forms and Practice Manual
October 23, 2009  Connecticut Tax Developments 2009
October 16, 2009  Special Connecticut Tax Settlement and Disclosure Programs
September 4, 2009  Connecticut Budget Impasse Resolved
May 11, 2009  Connecticut Tax Amnesty: An Opportunity for Everyone
April 1, 2009  Connecticut Tax Amnesty Program
February 6, 2009  Proposed Connecticut Tax Legislation
December 31, 2008  Connecticut Tax Developments 2008
November 14, 2008  Connecticut Tax Developments
July 18, 2008  IRS Rethinks its Deferred Compensation Rules
December 19, 2007  Personal Planning Letter

Events

December 13, 2017  CLE Event: Webinar: Guide for Businesses - How to Start and Operate a Foundation
December 12, 2017  NCCPAP: Tri-State Tax Update 2017
November 15-17, 2017  The 2017 Long Island Tax Professionals Symposium
November 14, 2017  CLE Event: Independent Contractor or Employee? An Overview of Significant State and Federal Rules
November 6, 2017  NYSSCPA: Westchester Tax Conference Part 1
September 19, 2017  CLE Event: Webinar: Overview of the New IRS Partnership Audit Rules - What You Need to Know
September 14, 2017  The New IRS Partnership Audit Rules: What Every Practitioner Needs to Know
September 13, 2017  Webinar: A Legal Primer: Tax and Charitable Giving for Independent Schools
June 28, 2017  Connecticut Tax Conference 2017
June 12, 2017  CBA 2017 Connecticut Legal Conference
January 30, 2017  Connecticut Bar Association: Real Estate Property Tax Appeals
December 20, 2016  NCCPAP: Tri-State Tax Update - 2016
November 29, 2016  State Tax 360 Conference 2016
November 16-18, 2016  The 2016 Long Island Tax Professionals Symposium
November 15-16, 2016  The 2016 University of Connecticut Income Tax School
June 10, 2016   Connecticut Tax Conference 2016
June 6, 2016  New York Tax Study Group: Recent Connecticut Tax Developments
January 21, 2016  Tri-State Taxation Conference: 2016
January 13, 2016  HBRA of Central Connecticut Builder Breakfast Meeting
December 8, 2015  National Conference of CPA Practitioners
December 2, 2015  2015 State Tax 360ยบ Conference
November 18-20, 2015  The 2015 Long Island Tax Professionals Symposium
November 17, 2015  The 2015 University of Connecticut Income Tax School
November 5, 2015  Developers Council Dinner
October 30, 2015  CBA Federal Tax Institute of New England
October 1, 2015  CTCPA Healthcare Conference
October 1, 2015  Relocation Roadmap - Avoiding Tax Traps
June 11-12, 2015  Independent SALT Alliance 2015 Summer Meeting
December 16, 2014  NCCPAP: Tri-State Tax Update
November 19-21  The 2014 Long Island Tax Professionals Symposium
November 18-19, 2014  The 2014 University of Connecticut Income Tax School for Practitioners
November 5, 2014  2014 Tax 360 Conference
June 24, 2014  Connecticut Society of CPAs Not-For-Profit Organizations Conference
June 13, 2014  CBIA's 2014 Connecticut Tax Conference
January 28, 2014  Tri-State Taxation Conference: 2014
November 20, 2013  2013 Tax 360 Conference
November 8, 2013  CT Bankers Association Annual Meeting: 2013 Connecticut Tax Update
October 16-19, 2013  ICSC: Current Tax Issues Involving Shopping Center Leases and Operations
September 19, 2013  Recent Connecticut Tax Developments
September 18, 2013  Resale Requirements in the State of Connecticut
June 26, 2013  Connecticut Society of CPA's, Not-for-Profit Organizations Conference
June 21, 2013  CBIA's 2013 Connecticut Tax Conference
June 13, 2013  The Legal and Tax Implications of the IRS Final Report on the Colleges and Universities Compliance Project
April 4, 2013  A Lawyer's Guide to Drafting Corporate and LLC Organizational Documents
January 23, 2013  Builders and Remodelers Association meeting
January 9, 2013  Current Topics for Exempt Organizations
December 5, 2012  New York State Society of CPAs, Rockland Chapter: 2012 Connecticut Tax Update
November 28, 2012  2012 Tax 360 Conference: State Tax Legislative Update
November 27, 2012  2012 Tax 360 Conference: Federal Tax Legislative Update
November 27, 2012  National Conference of CPA Practitioners: 2012 Connecticut Tax Update
November 15, 2012  Tax Professionals Symposium: 2012 Connecticut Tax Update
November 13-14, 2012  The 2012 University of Connecticut Income Tax School for Practitioners
November 12, 2012  Tri-State Taxation Conference: 2012 Connecticut Tax Update
October 20, 2012  Connecticut Tax Update for Financial Institutions
July 19-20, 2012  Independent SALT Alliance: 2012 Summer Meeting
June 19, 2012  Fiduciary Responsibilities of Officers and Directors of Not-For Profit Organizations
June 11, 2012  2012 CBA Annual Meeting: Unraveling the Mysteries of Tax Allocation Provisions
June 6, 2012  403(b) Roundtable
March 29, 2012  Tax Essentials for Independent Schools
March 13, 2012  Connecticut Bar Association: Applying the IRS Safe Harbor Rules to the Tax Allocation Provisions of Operating Agreements
January 18, 2012  Tri-State Taxation Conference: 2011 Connecticut Tax Developments
November 16 - 18, 2011  The 2011 Long Island Tax Professionals Symposium
November 15 - 16, 2011  The 2011 University of Connecticut Income Tax School for Practitioners
November 9, 2011  2011 Tax 360 Conference: Federal Tax Legislative Update
November 8, 2011  2011 Tax 360 Conference: State Tax Legislative Update
November 7, 2011  New York State Society of CPAs, Westchester Chapter: Small Business Taxation Conference
June 22, 2011  Connecticut Business Tax Issues: Proper Planning Can Help Minimize Unanticipated Costs
May 20, 2011  CBIA's 2011 Connecticut Tax Conference
November 17, 2010  The 2010 University of Connecticut Income Tax School for Practitioners
November 2, 2010  2010 Tax 360 Conference: State Tax Legislative Update
November 1, 2010  2010 Tax 360 Conference: Federal Tax Legislative Update
July 14, 2010  Independent Contractor Crackdown: How to Protect Your Company from Liability and Penalties
June 30, 2010  Health Care Reform Series Workshop I
June 24, 2010  Connecticut Society of CPA's, Not-for-Profit Organizations Conference
June 17, 2010  Employee or Independent Contractor? Why Employers Must Take Care With Worker Classification Issues and Recent Employment Law Updates
June 3, 2010  2010 Connecticut Association of School Business Officials (CASBO) Institute
May 21, 2010  CBIA's 2010 Connecticut Tax Conference
January 21, 2010  Tri State Taxation Conference: 2009 Connecticut Tax Developments
November 18, 2009  Annual Tax/Plenary Conference
November 10, 2009  2009 Tax 360 Conference: State Tax Legislative Update
October 26, 2009  New York State Society of CPAs, Westchester Chapter: Small Business Taxation Conference
September 10, 2009  Federal Income Taxation Committee
May 14, 2009  CBIA's 2009 Connecticut Tax Conference
January 28, 2009  Tax Facts Uncle Sam Won't Tell You
December 17, 2008  The New 2008 Form 990: Are You and Your Clients Ready for the New Disclosure and Policy Requirements?
December 9, 2008  Federal Tax Forum (FTF)
December 9, 2008  Westchester Chapter Tri-State Update
December 9, 2008  CSCPA Federal Tax Forum
November 20, 2008  2008 Long Island Tax Practitioner Symposium
November 19, 2008  The 2008 University of Connecticut Income Tax School for Practitioners
October 21, 2008  The Connecticut Society of Certified Public Accountants (CSCPA) State Tax Forum
October 21, 2008  Updates and Current Developments in Connecticut State Taxation
July 22, 2008  Connecticut Conference of Independent Colleges- CFO Roundtable
June 19, 2008  2008 Form 990 Tax Update - Stamford Marriott Hotel & Spa
June 18, 2008  2008 Form 990 Tax Update - Hartford Marriott
February 28, 2008  Federal and State Tax Update for the Banking Industry
February 7, 2008  CBIA's 2008 Connecticut Business Tax Conference
December 4, 2007  The 2007 University of Connecticut Income Tax School for Practitioners
October 29, 2007  Updates and Current Developments in Connecticut State Taxation
August 20, 2007  NBI: Minimizing Manufacturer Sales and Use Tax Liability
April 10, 2007  Your Dollars at Work
February 9, 2007  Hot 2007 Sales and Use Tax Issues
November 14, 2006  Defending Sales and Use Tax Audits and Assessments
October 24, 2006  Update and Current Developments in Connecticut State Taxation
October 12, 2006  Property Tax and Fixed Asset Workshop for Manufacturers
February 17, 2006  Connecticut Sales and Use Taxes Special Topics
September 30, 2005  Timely Topics Workshop - "CASBO Section 457 Plan"
November 18, 2004  Legal Issues for Tax Practitioners
October 22, 2004  Recent Developments Affecting Connecticut LLC's
October, 2004  Connecticut Tax Developments
June 7, 2004  What Every Estate Planner Needs to Know About Partnership Taxation
March 11, 2004  An Eagle-Eye View of Employment Law Issues for Connecticut Independent Schools
January 8, 2004  Recent Connecticut Tax Law Changes
December 2, 2003  2003 Connecticut Tax Developments
December 2, 2003  Recent Connecticut Tax Developments
November 18, 2003  Legal Issues for Tax Practitioners
November 13, 2003  Income Tax Issues
June 26, 2003  Conquering Payroll in Connecticut
June 19, 2003  2003 LLC update: The Continuing Evolution of Connecticut's Preferred Form of Entity
May 20, 2003  Like Kind Exchanges
May 17, 2003  Legal aspects of retirement planning
February, 4, 2003  Tax Considerations for Sole Proprietorships, Partnerships, Limited Liability Companies, S Corporations and C Corporations in Connecticut
October, 2002  Connecticut Tax Developments
February 19, 2002  The Revised Article 9 of the Uniform Commercial Code in Connecticut
January 29, 2002  Commercial Lending Requirements and Loan Documentation in Connecticut
October 2001  Overview of Limited Liability Corporations
October, 2001  Connecticut Tax Developments
October 2000  Overview of Limited Liability Corporations
October, 1999  Limited Liability Companies
May, 1997  Connecticut Sales and Use Tax Update
1997  Limited Liability Companies and Limited Liability Partnerships
October, 1996  Federal Income Tax Developments
1996  Limited Liability Companies: The Entity of Choice in Connecticut
1996  Limited Liability Companies and Limited Liability Partnerships
October, 1995  Connecticut Sales and Use Taxes on the Construction Industry
October, 1995  Federal Income Tax Developments
1995  Limited Liability Companies: The Entity of Choice in Connecticut
1995  Limited Liability Companies and Limited Liability Partnerships
1994  Limited Liability Companies: The Entity of Choice in Connecticut
1994  Update on Limited Liability Companies
1994  Like-Kind Exchanges
1993  Impact of Connecticut Transfer Taxes on Workouts Involving Distressed Real Estate
1993  Update on Limited Liability Companies
1991  Impact of Connecticut Transfer Taxes on Workouts Involving Distressed Real Estate
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