Our Tax Group provides clients with sophisticated federal, state and local tax advice designed to promote their business goals while mitigating their tax burden. We advise new ventures on choice of entity, executive compensation arrangements and the tax implications of traditional and alternative financing arrangements. We advise established businesses on how to structure a variety of business transactions in a tax-efficient manner, ranging from advice on how to structure the sale of the business to advice on how to structure mergers and acquisitions, debt and equity financing transactions and the funding and structure of buy-sell agreements. We work closely with our Estate Planning Group to advise business clients on succession planning and individual clients on strategies for passing their wealth to the next generation while minimizing wealth-transfer taxes. We provide our clients with practical advice regarding the tax implications associated with long and short-term business strategies.
We also have extensive experience forming new non-profit organizations. We regularly advise a number of established tax-exempt organizations on the tax aspects of proposed transactions, including unrelated business ventures, tax-exempt financings, mergers and acquisitions among non-profit entities and intermediate sanction issues associated with various compensation arrangements.
We aggressively represent individual and corporate clients in tax controversies with the IRS, the Massachusetts Department of Revenue and the U.S. Department of Justice, Tax Division. We have experience defending clients in matters pending before administrative forums such as the Appellate Tax Board, as well as in state and federal courts. We are experienced trial attorneys with the ability to take matters to trial if and when necessary. Our experience also provides our clients with the ability to negotiate successful resolutions short of trial in many circumstances.
Highlights of the New Tax Bill
Last week the President signed into law a new tax bill that has dramatic effects on the current tax system. Here are highlights affecting most individuals[ read full story ]
- We have successfully negotiated settlements with the IRS, the Massachusetts Department of Revenue and the U.S. Department of Justice.
- We have represented clients in actions pending in U.S. District Court and the Massachusetts Appellate Tax Board.
- Representation has included a range of issues including non-payment and non-filing, failure to file tax withholding information, business valuation and residency issues.
- We have helped our clients successfully avoid foreclosure and asset forfeiture.
- We have successfully negotiated payment plans on behalf of clients with both state and federal authorities.
Upcoming Elder Law Clinics
Estate planning, tax minimization and asset protection concerns are very different for single people versus married couples. Learn what steps singles need to take to protect yourself and preserve your assets. Attend one of my elder law seminars …[ load webpage to read more ]
Lisa Neeley featured in NAELA News
Mirick O’Connell’s Lisa Neeley was recently interviewed in NAELA News. Click here for the feature.…[ load webpage to read more ]
Elder Law Seminars
During the next couple of months, my elder law seminars will be focusing on how the new Massachusetts CARE Act, changes to the federal tax code, the tightening of MassHealth regulations, and other changes in the law might affect you, …[ load webpage to read more ]
Highlights of the New Tax Bill
On December 22, 2017, the President signed into law a new tax bill that has dramatic effects on the current tax system. Here are highlights affecting most individuals: Increase in the standard deduction to $12,000 for individuals filing single and …[ load webpage to read more ]
‘Tis the Season for Giving
This is the time of year when I receive numerous calls from clients asking about year-end gifts they want to give to their children or other relatives and friends. Many have questions about the amount they can gift away without …[ load webpage to read more ]
Elder Law Seminars: Honoring Choices
During the next couple of months, my elder law seminars will be focusing on “Honoring Choices” in regards to your health care planning, should you become ill or in case of an emergency. Below is a listing of my upcoming …[ load webpage to read more ]
Leaving Your Wealth in Trust for the Protection of Your Children
Consider how your assets can benefit, or perhaps complicate, the lives of your children or other loved ones when you pass away. You know your children better than almost anyone else, and your estate plan should take into consideration their …[ load webpage to read more ]
MCLE Webinar on 7/18 to discuss the Daley and Nadeau decisions and their implications for irrevocable trusts and Medicaid planning
Lisa Neeley will be speaking about her role as lead counsel in the Nadeau case as well as offering her thoughts on the future of Medicaid planning in Massachusetts. Click here for more information and to register for the Webinar.…[ load webpage to read more ]
The New York Times brings Medicaid home
Check out “You’re Probably Going to Need Medicaid” in The New York Times for an interesting read on the relevance of Medicaid.…[ load webpage to read more ]
SJC rules on Nadeau and Daley cases
Today the Massachusetts Supreme Judicial Court issued its decision in the cases of Nadeau v. Director of the Office of Medicaid and Daley v. Secretary of the Executive Office of Health and Human Services. In the unanimous decision, the SJC held …[ load webpage to read more ]