Some of the many services provided by the Tax practice group include:

Federal tax compliance & minimization in the following areas:

• Corporate Income Tax
• Individual or Personal Income Tax
• Trust & Estate Income Tax
• Tax Aspects of Corporate Mergers & Acquisitions
• Partnership Tax
• Likekind Exchanges

State Tax Compliance & Minimization in in the following areas:

• Corporate Income Tax
• Individual or Personal Income Tax
• Partnership Tax
• Trust & Estate Tax
• Sales and Use Tax Refund Claims
• Sales and Use Tax Audits
• Ad Valorem Property Taxes
• Franchise Tax
• Business and Occupation Tax
• Economic Development and Business Expansion Tax Incentives and Credits
• Historic Tax Credits

Employee Benefits and Compliance

• Qualified Plan Design, Compliance, and Administration
• Non-qualified Plan Design and Compliance
• IRC §409A Compliance and Design
• Employee Retirement Income Security Act (ERISA) Compliance & Litigation
• Health & Welfare Plan Design and Compliance
• Affordable Care Act Compliance for Applicable Large Employers and the Employer Mandate
• Incentive & Deferred Compensation Arrangements
• Executive Compensation Issues
• Mergers & Acquisition Issues

Tax Planning and Compliance Encompassing Multiple Areas

• Acquisitions & dispositions of business interest
• Business formation & choice of entity
• Business succession planning
• Business to business relations
• Federal & state tax litigation
• Tax and Compliance Issues for Banking & Financial Institutions
• Coal, oil & gas ventures

In addition, the Members of the Tax Practice group often engage in the following activities to assist clients:

• Annual business reviews
• Lobbying efforts

Trusts & Estates:

• Fiduciary Income Tax Returns
• Federal Estate Tax Returns
• Federal Gift Tax Returns
• State Estate Tax Returns
• Tax Litigation re: Estates & Trusts

Non-Profit & Community Work

At Jackson Kelly, our dedicated team merges legal experience with a profound understanding of charitable, tax-exempt entities. Our attorneys possess specialized degrees in both law and tax, empowering us to provide comprehensive counsel to a wide range of charitable, non-profit entities.

Our Non-Profit team brings decades of experience in:

• Tax-Exemption Compliance: We navigate the complex landscape of tax-exemption laws, ensuring operational compliance and maximizing benefits for our non-profit clients.
• Estate Planning and Giving: We craft strategic plans for estate distribution and facilitate effective charitable giving programs that align with our clients’ philanthropic objectives; giving us an extensive background in a wide range of charitable giving techniques.
• Board Meeting Guidance: We offer guidance on governance structures and best practices to empower boards in efficient operation.
• Entity Creation and Structuring: We tailor the creation of entities that suit the unique missions and ambitions of tax-exempt, non-profit organizations.
• Endowment Management: We have assisted many organizations in the strategic management and growth of endowments to support the long-term sustainability of charitable missions.
• Federal and State Compliance: We navigate federal and state regulations to safeguard our clients’ interests and ensure legal compliance.
• Support for Large and Small Charities: We offer tailored legal advice to serve the diverse needs of both large and small charitable organizations.

Our experienced and knowledgeable team merges legal proficiency with a deep understanding of tax-exempt compliance and intricacies for community organizations and boards allowing us to competitively care for the needs of non-profit entities. We are committed to empowering our clients in achieving their philanthropic visions while navigating the legal complexities with confidence.

ERISA-Related Issues

The Tax practice group has extensive experience in ERISA-related issues, an area of law that has grown at an astonishing pace in recent years. The attorneys in this practice area regularly assist in the development and administration of employee benefit and retirement plans – they provide ongoing administrative servicing to over 200 retirement plans and consulting services to countless other plans.

The Tax practice group’s employee benefits services include:

• Qualified plan design & consultation
• Drafting of benefit plans, including profit sharing, money purchase pension, Section 401(k), target benefit & employee stock ownership
• Preparing all retirement plan documents & trust agreements
• Retirement plan administration, including contribution calculations, discrimination testing, plan allocations, participant statements, beneficiary elections, plan loan documentation & filing of all governmental reports
• Non-qualified Plans, including Excess Benefit, Top Hat, Rabbi and Secular Trusts & Section 457 plans
• Benefits communications
• Plan Error Corrections and Voluntary Compliance Reporting
• Plan litigation