Morris James provides a broad range of legal services relating to the taxation and operation of all forms of business organizations, including corporations, limited liability companies, business trusts, and partnerships. Our tax attorneys also advise business owners with respect to formation, capitalization, and ownership/management issues. Daniel P. McCollom regularly counsels business owners with respect to these and other material aspects of their operating agreements, including buy/sell issues, compensation, benefits (including developing qualified and non-qualified retirements and other fringe benefit plans), and special tax allocations in partnership-type entities. They have substantial experience in the formation of tax-exempt organizations and in obtaining a determination letter for such entities.
Morris James tax attorneys also assist clients with complex business transactions, including purchase and sale agreements, joint ventures, mergers, consolidations, spin-offs, split-ups, acquisitions, and divestitures. They frequently assist attorneys in other practice areas in a variety of matters, including real estate transactions and financings, and asset securitization financings.
Daniel P. McCollom is also involved in advising professional groups, particularly physicians, and he has represented physician groups with business matters pertaining to their profession, including mergers, acquisitions, formation of networks, and affiliations. As an integral part of our tax practice, we represent clients before federal administrative agencies (including the Internal Revenue Service on income tax, employment tax, excise tax, and retirement plan issues, audits, and ruling requests, and the United States Department of Labor on ERISA matters) as well as state and local administrative agencies. Our tax attorneys are well known and respected by these administrative agencies.
Mr. McCollom frequently counsels international, national, and regional businesses on the strategic use of Delaware holding companies to minimize Delaware and non-Delaware state corporate income taxes. A major part of their practice involves advising clients to help ensure that the tax strategies associated with Delaware holding companies are respected by state tax authorities.
Our use of sophisticated technology, including desktop access to Tax CD-ROM research, document assembly software, and networking and Email/Internet communication capabilities, allows us to provide service in a very timely fashion.