Tax Planning

Gray Reed's Tax Planning team provides experienced legal counsel to clients on all matters arising from international and federal tax laws. Our goal is to lead clients efficiently and professionally through the ever-changing maze of tax issues and ensure that existing or contemplated financial affairs of clients are structured in a practical and cost-effective manner that achieves business or personal objectives with minimal exposure to tax.

Our areas of expertise and services include ad valorem, asset protection, consulting, corporate, cryptocurrency, estate planning, franchise, income tax, international, mergers and acquisitions, partnership, personal, planning, federal tax credits related to renewable energy and research and development expenses, property, real estate, and reorganizations.

Our clients make up a broad spectrum of taxpayers including public and private companies, partnerships, nonprofit organizations, estates and trusts, employee benefit plans, and individual taxpayers.

Federal Tax Planning & Structuring

We work closely with clients and their accountants to structure business activities and transactions in a tax efficient manner, and in the areas of tax review, compliance, reporting and controversy. We keep abreast of the ever-changing and complex tax environment so that we can alert our clients to new planning opportunities and compliance requirements, and to provide legal advice that is timely to our clients' business affairs. Serving individuals as well as small, emerging and middle market businesses and large, multinational corporations, we have the experience to design creative and practical solutions to execute tax planning strategies in complex business transactions.

International Transactions

As business becomes increasingly international, business planners must always consider the tax implications of international and cross-border transactions. We help clients minimize the worldwide taxation of their investments and advise on investment restructuring and disposition. This often requires familiarity with the tax laws of several countries and bilateral and multilateral tax treaties, as well as U.S. tax laws.

Cryptocurrency

Gray Reed attorneys have the knowledge and experience to provide guidance to clients on virtual currency, digital assets and other benefits related to blockchain technology. We handle tax issues involving business structures that hold digital assets or engage in cryptocurrency mining, voluntary disclosure procedures for unreported cryptocurrency, and advice and litigation of tax controversies regarding the IRS interpretations or adjustments related to cryptocurrency transactions.

Expertise in the Field

Many of us have a background in general corporate and tax matters and also concentrate in one or more particular areas of tax law, including corporate, real estate transactions, partnerships and limited liability companies, exempt organizations, banking, international and individual taxation and estate planning.

We are actively involved in activities of the Texas CPA Society and tax section of the State Bar of Texas and regularly publish articles and speak on topics covering federal, international and digital asset tax issues. We also contribute to the Dollars & Sense blog, which provides expert insight on corporate and tax issues facing businesses. This includes recent developments, commentary and analysis involving federal taxation, digital assets, corporate governance, commercial transactions and regulatory compliance.

Many of us hold advanced degrees in tax or accounting, are Board Certified in Tax Law by the Texas Board of Legal Specialization and/or are current or former Certified Public Accountants. Many of us have worked for the government or at Big Four accounting firms. Several of us teach undergraduate and post-graduate tax courses as adjunct faculty at SMU and the University of Houston. 

Access to Resources and General Counsel Capabilities

As a full service firm, we are uniquely positioned to effectively represent and counsel clients beyond routine or the most complex tax matters. This includes tax attorneys whose expertise and focus is on tax controversy and litigation.

When a client's need goes beyond the expertise or jurisdiction of a tax attorney, our firm has a worldwide network of lawyers for international and cross-border issues and other Gray Reed attorneys who focus on areas such as estate planningbanking & financeenergyconstructionhealthcarelabor & employmentmergers & acquisitionsprivate equityreal estategovernment investigations & complianceappellate and commercial litigation. These resources allow us to serve as outside general counsel for our clients and help solve nearly any issue they may face in the life cycle of their business. 

Our Purpose is You.

Your experience with our tax attorneys will be fully aligned with your goals and objectives and tailored specifically to how you want to do business with us. Our lawyers are adaptable and nimble – you will never be forced into a box that doesn’t fit your opportunity or problem, or your needs and desires. Whether we are your longtime advisor or guiding you through a transaction, you’ll be comfortable with our skill and practical approach. We know exactly when to turn up the heat and when collaboration is the smartest way for you to achieve your goals.