Tax Law

McDowell Rice’s tax team with their extensive experience and knowledge of complex tax issues can assist you with everything from business entity and real estate tax planning, IRS controversies and tax litigation, Kansas and Missouri tax disputes and tax litigation, Jackson County real estate tax issues and exemptions, Kansas City, Missouri tax disputes and tax litigation, divorce tax issues, and probate tax issues. The team provides representation to taxpayers, individuals, businesses, employers, outside attorneys and other professionals.

Our attorneys understand the tax consequences of a business transaction and work with clients to devise alternative structures that may produce more favorable tax results while keeping the client’s objectives in mind. The team’s experience and services include:

Tax Planning

Strategies for corporations, individuals, partnerships, limited liability companies, and “S” corporations Choice of entity, entity formation, and governance Acquisitions and sales Mergers, reorganizations, and restructuring Distressed property and bankruptcy tax planning Employee incentives including stock options and profits interests

Tax Controversies

Income tax, employment tax, sales/use tax and earnings tax audits Administrative appeals and tax litigation Post-assessment representation – installment agreements and payment plans/offers in compromise /innocent spouse relief Levy releases, penalty abatements, and determination of expiration of collection statutes Lien payoff requests and applications for discharge of property from federal tax liens and state tax liens Applications for subordination of tax liabilities on new loans

Real Estate

Commercial transaction strategies Development tax structuring Distressed real estate Like-kind exchanges Real estate valuation tax appeals Property tax exemption Property tax appeals