Federal

Tax Law

Federal Tax Law

Carney Badley Spellman is listed in Best Law Firms for Tax Law in the United States and Tax Law in Seattle, Washington.

We have extensive experience working with clients to address federal, state, local and international tax issues associated with each client-specific transaction. Our attorneys represent financial institutions, corporations, partnerships, limited liability companies, and individuals.

Federal Taxation

Our attorneys provide federal tax planning and advice to clients in the following areas:

entity formation, maintenance, dissolution and liquidation
joint ventures
mergers and acquisitions
executive compensation arrangements
qualified and nonqualified deferred compensation arrangements
asset protection
business succession planning
estate planning
trusts
gifting
probate

Executive Compensation, Qualified and
Nonqualified Deferred Compensation

With the enactment of Internal Revenue Code section 409A, the area of nonqualified deferred compensation has become a minefield for many of our clients. Our attorneys work with clients to develop executive compensation arrangements for their key employees that exceed their expectations, and to conform to the stricture of the Internal Revenue Code.

Estate Planning

We drafts wills, revocable trusts, irrevocable trusts, qualified personal residence trusts, grantor retained annuity trusts, gifting, education or care funds for family members, powers of attorney and health care directives. We help plan for full utilization of the federal and Washington State estate, gift and generation-skipping transfer taxes.