Practice Areas

Receiving an unexpected letter from the IRS, or owing back taxes, is a stressful experience. As hard as it can be, do not wait or let it sit unanswered. Reach out to Mid-Atlantic Law and Tax so that we can help you resolve the problem.  We assist clients with all manners of tax problems and resolutions, including (but not limited to):

• Installment agreements;
• Offers in Compromise;
• Obtaining relief as currently not collectible status;
• Penalty abatement;
• Innocent spouse relief;
• Bankruptcy;
• Audit defense; and
• Appeals

Our priority is to resolve the matter so that you never have to talk the IRS yourself, while getting you the best outcome available.  And if the IRS is overly aggressive, we have years of experience in litigating against government agencies.

Tax planning is critical to reducing your tax bill and avoiding late-payment interest and penalties. We advise individuals, start-ups, and businesses on every aspect of their taxes.  Such matters include:

• Ensuring adequate estimated taxes are paid to avoid penalties and interest;
• Assessing whether businesses are structured tax efficiently, such as whether they should be a S corporation;
• Identifying opportunities to reduce taxable income through investment strategies, deferring income, or business income

Our goal is to work with clients to identify and execute tax strategies that reduce your tax burden.

The annual ritual of filing taxes is a tedious yet important time. Tax laws are regularly changing as are your year-to-year financial situation and goals. Whether you are just looking for reassurance of having a trained eye prepare your return or you have a complicated return that is beyond self-preparation, Mid-Atlantic Law and Tax is here to help. We manage and prepare all types of returns. We will work with you to identify how to reduce your tax burden as much as possible at both the federal and state levels.

The range of elements that can make a return “complex” is broad. A non-exhaustive list includes:

• Operating a sole proprietorship, multi-member LLC or partnership, or corporation;
• K-1s with their sometimes many complexities;
• Pass through entity tax (PTET) credits at the state level;
• Rental income and expenses;
• Self-employment income;
• Accurately completing IRA conversion paperwork;
• Household employees (for example, nannies or housekeepers);
• Crypto transaction reporting;
• Securities transactions;
• Retirement income;
• Moving to a new state;
• Change of marital status or dependents;
• College savings and expenses;
• Non-US income; and
• Non-US asset reporting.

The list could go on. These are nuances and aspects of returns that we encounter in our day-to-day and with which we are happy to assist you.

As General Counsel to a major prime contractor for the U.S. Navy, James is well-versed in the day-to-day legal matters that companies encounter.  As your factional general counsel, or outside general counsel, Mid-Atlantic Law & Tax PLLC provides you the services an in-house corporate team at a fraction of the cost of hiring such a team full time.  These services most often include:

• Contract review and negotiation;
• Development of strong legal templates for contracts and policies;
• Entity management;
• HR matters;
• Mergers and acquisitions; and
• Compliance with relevant regulations.

Our goal is to become a partner to your business such that you can make informed decisions while minimizing your legal risks.

Starting a new business?  Have you grown to the point that corporate formalities are now becoming important to your investors?

These are exciting moments for any business and Mid-Atlantic Law & Tax PLLC is here to help you get started or improve your entity management.  We assist clients with every part of their entity management, including

• Formation;
• Operating agreements, by-laws, and formation documentation;
• purchase agreements;
• Change is classification (for example, LLC to corporation or the reverse);
• Board meeting documentation and organization;
• Dissolution.

Our goals is to partner with clients to set up their business in a manner that achieves their goals and allows them to focus on their business.

Contracts are the backbone of every business.  They establish your rights and obligations.  Managing contracts, which requires understanding the risks and opportunities that exist in them, is critical to success.

Mid-Atlantic Law & Tax PLLC regularly helps clients review contracts to ensure they are understood, achieve the desired objectives, and ultimately fair.  This includes agreements such as:

• Purchase agreements of all kinds;
• Service agreements;
• Government contracts;
• Commercial and residential leases;
• Investment agreements, such as SAFE agreements and other early-investment vehicles;
• Employment agreements; and
• Termination and severance agreements.

Our goal is to ensure you get a fair agreement and understand the critical aspects of your agreements.

General counsels often advise their clients on the tax consequences of particular transactions or corporate structures.  Mid-Atlantic Law & Tax PLLC does just this in a variety of manners, including:

• Assess corporate structures or transactions for tax implications;
• Provide legal opinions on specific tax questions or transactions; and
• Evaluate tax compliance for businesses.

Our goal is to help you make an informed tax decision that optimizes your tax liability in a legally sound manner.