Obtained a favorable decision from the IRS on behalf of a nonprofit, public sector managed care company involving an innovative legal approach to acquiring tax exempt status.
We rely on our comprehensive knowledge of federal, state and local taxation to help our clients build effective wealth accumulation and preservation strategies.
Taxation and tax law affect every business or organization operating in the United States. Those that have a strategy to navigate tax-related laws and regulations are able to mitigate audits or IRS actions and even use taxation opportunities to grow their businesses.
Bricker & Eckler’s tax attorneys partner with businesses and individuals to manage and protect their assets and to maximize the return on their business investments. By analyzing planning alternatives, we help our clients achieve their business objectives while minimizing their tax liabilities. Our in-depth knowledge spans local, state and federal taxation, allowing us to examine all facets of the law to make sound recommendations. And we continually monitor tax law changes to ensure our advice is up-to-date and cutting-edge. We are known for our extensive counsel of business clients in the areas of formation, operation and termination of business activities, as well as individual clients in estate planning, preparation of trusts and wills, estate and trust administration and litigation, and more.
Types of clients we represent:
- S corporations
- Limited partnerships
- Limited liability companies
- Joint ventures
- Nonprofit organizations
- Hospitals and health care providers
- Colleges and universities
Related Industries & Practices
Skilled tax planning is the hallmark of Bricker & Eckler’s federal tax practice. When working with public and privately-held business clients, we analyze the tax implications of acquisitions, mergers, divestitures, corporate restructurings, new business operations and other business transactions. Our tax lawyers also counsel employers on tax issues relating to establishing and administering executive compensation, employee retirement plans, employee stock ownership plans (ESOPs), stock option plans and various other equity based compensation arrangements. We have extensive experience with a variety of tax-exempt organizations, offering counsel in tax-exempt formation, qualification, operations, reorganization, audit, dissolution, fundraising, and structuring for-profit and not-for-profit subsidiaries.
Bricker & Eckler provides experienced representation in all aspects of state and local taxation, including tax planning, compliance and controversy litigation in sales and use, income, commercial activity, public utility and property taxation. We are also known for our assistance with economic development issues, including tax abatements, tax credits and other incentives, such as grants and loans. Our attorneys consistently monitor legislative activity and the potential tax impact of proposed transactions. Although we seek to solve tax problems creatively as an alternative to litigation, we maintain an active practice representing clients before county boards of revision, the Ohio Department of Taxation, the State Board of Tax Appeals, the Ohio Supreme Court and courts of appeal.
Blending our education law, economic development and tax law experience, we help school districts obtain and maintain their resources, despite the increase in property tax abatements and property owners’ aggressive challenging of their properties’ valuation. We assess the merits of real property valuation complaints, estimate their economic impact and determine which complaints, if any, should be monitored or opposed. We also participate in all levels of appeals, from the local board of revision to the board of tax appeals, the local court of common pleas or the appropriate appellate court. Whether simply monitoring a case or mounting a full-blown contest, we guide our clients through this sometimes burdensome process.
This is our taxation experience
Obtained a favorable result on behalf of our client in which the Ohio Supreme Court held that corrugated metal grain storage bins constitute personal property and, therefore, cannot be taxed as real property. This decision has statewide impact as hundreds of millions of bushels of grain throughout the state are stored in grain storage bins like this property owner’s, and county auditors in Ohio had been classifying and taxing the bins inconsistently. View additional details on this matter.>
Provided testimony on a number of tax policy issues for various clients before committees of both houses of the Ohio General Assembly.
Advised several cities regarding unusual income tax issues and assisted them in tracking taxes associated with economic development projects.
Successfully assist several school districts in addressing economic development issues and proposals for tax incentives, preserving thousands of dollars in revenue.
Served as counsel in several tax-exempt and taxable housing revenue bond acquisition and renovation transactions throughout the Midwest.
Successfully assisted Oregon Clean Energy LLC in the acquisition of a certificate from the Ohio Power Siting Board in May 2013 to begin construction on the 799-megawatt Oregon Clean Energy Center, a natural gas-fired combined-cycle generating facility located in Oregon, Ohio. Our firm continues to provide significant tax, real estate and construction counsel on the project. Additionally, we are representing the project before the OPSB to amend its certificate to reflect changes in facility design.
Successfully represented a large Ohio city in a case before the Ohio Board of Tax Appeals and the Ohio Supreme Court relating to the exemption of the city's convention center from taxation. The court held that the local school district had waited too long to oppose the city's application for real property exemption.
Successfully negotiated an incentive package for the developer of a natural gas-fired turbine electric generation facility, including the exemption of personal property taxes on all machinery and equipment.
Successfully negotiated a voluntary disclosure arrangement with both the State of Ohio and a municipality for a non-resident employee who made frequent business trips to Ohio.
On behalf of one of the largest owner/operators of low-income tax credit properties in the country, successfully litigated the valuation of real property with low-income housing credits in which a portion of the purchase price was allocated to the value of the credits, reducing the price paid for the real property.
Collaborated with a Fortune 100 company to successfully contest a multi-million dollar sales tax assessment based on machinery and equipment used in the development of new pharmaceutical products and obtained a refund of tax previously paid on portions of the project.
Assisted several Fortune 500 companies in locating their operations centers, distribution centers and warehouses in Ohio. Projects involved rezonings, variances, environmental permittings and remediations, financings, and coordinating tax abatement and other economic incentives from state and local governmental agencies.
Facilitated economic incentives and new construction financings for manufacturers through several of Ohio’s port authorities, including exemptions from sales taxes for portions of the construction.
Assisted an elite college in the formation of a “green” cemetery nonprofit corporation to be used primarily by alumni, former faculty and staff. Rendered federal tax opinions regarding unrelated business income and tax exemption issues.
Represented the lender, a regional bank, in connection with a construction loan for a low-income housing tax credit rehabilitation project. Because the project involved a historic building financing from state and federal historic tax credits was utilized, among multiple other financing sources.
Represented a national platform bank in connection with the construction and permanent financing for a scattered site low-income housing tax credit project located in Ohio.
This resource center contains up-to-date information on the Ohio budget for fiscal years 2016 and 2017 as it moves through the Ohio General Assembly. Information on the FY 2014-2015 budget is also available. For more information, please visit our State of Ohio Budget Resource Center.
21st Century Cures Act: Relief for small employers
Notice 2016-70: Unexpected (but limited) ACA reporting relief
Opportunity to participate in property tax valuation appeals
Ohio Supreme Court upholds economic nexus standard
IRS issues new safe harbor provisions for management contracts