US federal tax laws and policies, like political and social winds, change frequently and quickly. As a result, federal tax compliance requires effective planning, ongoing management, and a strong dose of creativity and flexibility. McDermott’s highly skilled and experienced tax team advises clients on the full spectrum of federal tax laws, from addressing the tax ramifications of day-to-day operational and business decisions, to managing hotly debated tax questions arising from the Patient Protection and Affordable Care Act, ongoing tax-reform efforts, e-commerce and cloud-based services, privacy and data protection, and inter-company pricing.
Our lawyers advise on all federal tax-related aspects of acquisitions and dispositions, mergers and financial structures and products, as well as new business operations. We develop cutting-edge planning solutions for clients by analyzing and comparing alternatives to achieve business objectives while minimizing tax liabilities.
Our team includes former US Department of Justice Tax Division and IRS litigators and administrators, who now represent clients before the IRS. This "inside" experience maximizes our effectiveness and helps in obtaining private letter rulings and informal expressions of opinion. With access to the full resources of our leading national tax practice and experienced lawyers in each of the Firm’s offices and practice groups, we advise on highly focused and complex tax matters involving capital markets, closely held businesses, cooperatives, financial products and derivatives, pass-throughs and transfer pricing. We also provide industry-focused counsel to clients operating in the aviation, e-commerce, energy, insurance and real estate sectors, among others.