Practice Chair(s)
Understanding the byzantine world of tax law and utilizing that highly specialized knowledge to a client's best advantage is the sine qua non of effective tax planning.
Overview
Understanding the byzantine world of tax law and utilizing that highly specialized knowledge to a client's best advantage is the sine qua non of effective tax planning. We can help you plan your transactions in order to maximize tax benefits - and avoid tax disasters.
Day in, day out, we work with individuals and organizations who are subject to tax laws around the world, including domestic and foreign entities, C corporations and S corporations, partnerships and limited liability companies, professional associations and sole proprietorships, trustees and executors, consolidated groups, disregarded entities and tax exempt organizations. Whether your transaction is related to your business or involves a personal investment, we can help you structure the transaction in order to achieve the best results under federal, state, local and international tax laws.
We are experienced at working both individually and as part of multi-disciplinary teams. Whether you are implementing a new business venture, guiding a business through the start-up phase, managing significant developments throughout the life of a business, or directing the sale or dissolution of a business or its assets, we can identify and plan for the associated tax consequences and help you and the other members of your team reach your goals.
Domestic and Worldwide Expertise and Capability: Meritas
Meritas Law Firms Worldwide is an international association of more than 200 independent business and commercial law firms in more than 70 countries. Every major city in the United States is home to a Meritas affiliate, and all of the traditional business centers as well as many emerging markets worldwide have affiliate firms. Each member firm includes English-speaking attorneys who have long-standing relationships in their communities and are well-versed in local business, legal and social customs. Chamberlain Hrdlicka is the Meritas affiliate for Houston.
Areas of Expertise
International Tax Planning
- Cross-border business organizations, reorganizations and financing
- Earnings repatriations
- Treaty restructurings
- Global tax minimization, including transfer pricing and contract manufacturing arrangements
- Structuring to Reduce Withholding Tax
- Organization of Multinational Joint Ventures
- Planning and management of Subpart F income and foreign tax credits
- Purchases and sales of tangible property
- Licensing of intangibles
- Competent authority
Domestic Tax Planning
- Corporate, partnership and joint venture planning, including choice of entity
- Accounting method issues, including inventory methods and capitalization issues
- Real estate development activities and insolvency and workout arrangements
- Tax exempt organizations
- Advance pricing and section 6038A retention agreements
- Rulings
- Reasonable compensation analysis and business valuations
- Non-taxable exchanges and capital gains and losses
- Consolidated returns
- Timber and other natural resources
- Depreciation and amortization policies
- Accumulated earnings, personal holding company and alternative minimum tax
- Advising on the application of FIN 48 to domestic and international tax issues
News
News
- Court orders $4.2 Million Tax Refund and Statutory Interest in Landmark DecisionJanuary 11, 2021
- Habeeb (Hobbs) Gnaim, Practice Chair of the Tax Planning & Business Transactions Group, and assisted by David Pierson and Nathan Hopkins, represented Velentium, LLC in its acquisition of Oasis Testing, L.L.C.January 8, 2021
- PPP Audits and Investigations Practice Client AlertDecember 22, 2020
- Houstonia Magazine names Chamberlain Attorneys as 2021 Top LawyersHoustonia Magazine, November 30, 2020
- Katherine Noll, Joshua Sutin, and Jaime Vasquez named to 2020 Top Attorneys by San Antonio MagazineSan Antonio Magazine, November 20, 2020
- Three Attorneys join Chamberlain Hrdlicka Atlanta Office's Tax Controversy and Litigation PracticeNovember 10, 2020
- Virtual This Year! Chamberlain Hrdlicka Virtual Annual Tax and Business Planning Seminar is November 10-12, 2020November 10, 2020
- Tax Notes quote by Pete Lowy on "Energy Companies Continue Battling IRS on Tax Credit Issues"October 26, 2020
- Jaime Vasquez receives Texas Lawyer On the Rise Award for 2020September 18, 2020
- Jaime Vasquez recognized as Lawyer of the Year for 2021 in Tax Litigation and Controversy by US News’ Best Lawyers in AmericaSeptember 8, 2020
- Tax Update - Payroll Tax Deferral Starting September 1August 31, 2020
- August 13, 2020
- Chamberlain Hrdlicka Attorneys Recognized by San Antonio Scene MagazineSan Antonio Scene Magazine, August 3, 2020
- Juan Vasquez, Jr. interviewed about "Three Things to Know about the Extended Paycheck Protection Program"ABC Channel 13 News and Community Impact Newspaper, July 18, 2020
- Jennifer Karpchuk quoted in “Philly Budget Freezes Biz Tax Rate, Hikes Wage Tax”Law360, June 26, 2020
- Legal 500 Firm and Individual Rankings Improve at Chamberlain Hrdlicka for 2020June 18, 2020
- Chamberlain Tax Planning Update - Tax Relief From The COVID-19 Pandemic - April 8, 2020April 8, 2020
- Chamberlain Tax Planning Update - Tax Relief From The COVID-19 PandemicMarch 31, 2020
- February 13, 2020
- Law360, February 5, 2020
- Law360, February 4, 2020
- Law360, January 1, 2020
- December 2019
- November 6, 2019
- October 30, 2019
- Houston Business Journal, September 23, 2019
- Bloomberg Tax and Bloomberg Tax Management Memorandum (TM Memo), September 6, 2019
- Attorneys with national law firm Chamberlain Hrdlicka have been selected to the 2019 Texas Super Lawyers listSeptember 3, 2019
- August 1, 2019
- Chamberlain Hrdlicka again named a "Best Law Firm" by US NewsNovember 1, 2018
- Accounting Today, October 30, 2018
- October 12, 2018
- Law360, October 4, 2018
- Attorneys with national law firm Chamberlain Hrdlicka have been selected to the 2018 Texas Super Lawyers listSeptember 20, 2018
- Law360, August 24, 2018
- November 16, 2017
- Chamberlain Hrdlicka again recognized nationally in The Legal 500 and Chambers & PartnersJune 2015
- Bucks County Courier Times, April 17, 2015
- Tax attorneys from Philadelphia law firm update valuable PA tax law resource
- Bloomberg BNA Tax Management Weekly State Tax Report, December 2014
- Lawyers from the Philadelphia office of Chamberlain Hrdlicka presented at a seminar discussing strategies for attorneys and accountants who advise business ownersJanuary 2014
- June 2010
- TaxBlawg.net, June 8, 2010
- TaxBlawg.net, May 18, 2010
- April 2009
- June 2008
Presentations
Seminars & Presentations
- Chamberlain Hrdlicka's Annual Tax and Business Planning Seminar is Virtual for 2020!November 10, 2020
- September 16, 2020
- Free Webinar on New Legal Considerations for Opening Up Your Business During a PandemicOnline Webinar, June 11, 2020
- Free Webinar on Top Legal Traps for Opening Up Your Business in a PandemicOnline Webinar, June 3, 2020
- Chamberlain West Houston Tax Forum on March 3, 2020 at Marriott WestchaseHouston Marriott Westchase, 2900 Briarpark Dr., Houston, Texas 77042, March 3, 2020
- Chamberlain Hrdlicka February 27 West Loop (Galleria) Tax Forum - HoustonianThe Houstonian - 111 North Post Oak Lane, February 27, 2020
- November 6, 2019
- October 30, 2019
- September 5, 2019
- Opportunities v. Exchanges - Eenie, Meenie, Miney, Moe ...Cobb Galleria, 2 Galleria Parkway, Atlanta, GA 30339, July 10, 2019
- Chamberlain Hrdlicka May 21, 2019 West Loop Tax Forum - HoustonianThe Houstonian - 111 North Post Oak Lane, May 21, 2019
- Chamberlain Hrdlicka May 14, 2019 West Houston Tax Forum - Marriott WestchaseHouston Marriott Westchase, 2900 Briarpark Dr., Houston, Texas 77042, May 14, 2019
- Navigating the Maze – Understanding the Most Recent Changes to the Tax Cut and Jobs ActCobb Galleria, 2 Galleria Parkway, April 23, 2019
- The Fundamentals of Investing In Qualified Opportunity ZonesPhiladelphia Bar Association Conference Center, 1101 Market Street, Philadelphia, PA 19107, November 30, 2018
- The Four Seasons Philadelphia, May 30, 2012
- International Tax Group (Dublin, Ireland)Beneficial Ownership in U.S. Tax LawDublin, Ireland, September 2011
- Leveraged Partnership Transactions and Tax Opinions Since Canal Corp.Structuring Transactions and Tax Advisor Engagements to Withstand IRS Scrutiny and Avoid PenaltiesJune 22, 2011
- Chicago Tax ClubEconomic Substance And International Tax Law Following CodificationOak, April 11, 2011
- Mayo Foundation v. U.S.: Supreme Court Applies Chevron Analysis to Tax CasesUnderstanding the Implications of Giving Deference to IRS RegulationsMarch 23, 2011
- Pennsylvania Bar Institute - When to Hold Them and When to Fold ThemProtecting Tax Accrual Workpapers and Tax Opinions from the IRS; Disclosing Tax Opinions for Penalty ProtectionPennsylvania Bar Institute, May 29, 2008
Publications
Publications
- Article by Phil Karter and Pat McCann on “Looking at Small Captives in a Post-Pandemic World"Bloomberg Tax, December 21, 2020
- Article by Philip Karter on “IRS Audit Process: What You Need to Know”Pennsylvania CPA Journal/CPA Now Blog, November 16, 2020
- Article by John Hackney and Jasen Hanson on "IRS Undermines Congressional Intent for Relief Loans"Bloomberg Tax, October 2, 2020
- Article by Kevin Sweeney on "Preparing for the Inevitable Restaurant State Sales Tax Audit"QSR Magazine, September 25, 2020
- Article by Phil Karter, Jennifer Karpchuk, and Kevin Sweeney on "“Should I Spend Money on a Business Development Coach? Advice for the New Partner"Legal Intelligencer, August 11, 2020
- Article by Juan Vasquez, Jr., Jaime Vasquez, and Victor Viser on "Preparing for a Potential Audit of Your Client's Paycheck Protection Program Loan"Today’s CPA, July 2020
- Article by Juan Vasquez, Jr., Jaime Vasquez, and Victor Viser on "IRS Undermines Congressional Intent for Payroll Protection Program Loans"Bloomberg Tax, July 23, 2020
- Article by Juan Vasquez, Jr., Jaime Vasquez, and Victor Viser on "Who CARES About Tax Issues for Small Business: A Review of the Tax Forgiveness, Tax Deduction, and Other Tax Issues Associated with the CARES Act’s Paycheck Protection Program (“PPP”)"Texas Tax Lawyer, Spring 2020
- Article by Jennifer Karpchuk on “Pennsylvania and Philadelphia Tax Responses to COVID-19”CPA Now, June 10, 2020
- Article by Juan Vasquez, Jr., Jaime Vasquez, and Victor Viser on "Congress Adds ‘Flexibility’ to Loan Forgiveness and Corresponding Tax Consequences"Bloomberg Tax, June 5, 2020
- Article by Phil Karter, Scot Kirkpatrick and Pat McCann on “IRS Letter 6336: To Respond or Not to Respond, That Is the Question”Tax Notes Federal, June 1, 2020
- Article by Juan Vasquez, Jr., Jaime Vasquez and Victor Viser on "Tax Issues Associated With Paycheck Protection Program Loan Forgiveness Process"Bloomberg Tax, May 21, 2020
- Article by Stewart Weintraub on "The COVID-19 Challenge and How It Is Affecting Businesses, Individuals"Legal Intelligencer, April 21, 2020
- Article by Jennifer Karpchuk on "Top 3 State Tax Implications of Gov. Wolf’s Proposed Budget"Legal Intelligencer, March 13, 2020
- Article by Jennifer Karpchuk on "Is Taxpayer’s Rare 14th Amendment Win a Sign of the Future?"Tax Notes, February 24, 2020
- Article by Jennifer Karpchuk on "Keystone State – 2019 SALT Year in Review"State Tax Notes, February 17, 2020
- Article by Jennifer Karpchuk on "Three SALT Issues for Pennsylvania Taxpayers to Watch in 2020"Legal Intelligencer, January 29, 2020
- Article by Jennifer Karpchuk on "2020: Top SALT Issues to Watch in Philadelphia"Tax Notes, January 1, 2020
- Article by Jennifer Karpchuk on "Pennsylvania Tax Assessments: Top 5 Issues to Look Out For in Assessments"Legal Intelligencer, June 6, 2019
- Article by Jennifer Karpchuk on "Two Key SCOTUS SALT Cases to Watch and Their Implications for Pa. Taxpayers"Legal Intelligencer, May 3, 2019
- Bloomberg Tax Management Memorandum and Daily Tax Report, April 10, 2019
- Article by Jennifer Karpchuk on "Philadelphia's Beverage Tax: A Sweet Victory?"Tax Notes, November 12, 2018
- Tax Notes, September 11, 2017