Foulston Siefkin’s tax attorneys provide a broad range of tax related services including tax planning and representation before the IRS and other tax authorities and tax agencies. We are advocates and counselors for individuals and businesses alike.
Our attorneys develop structures for domestic and international business transactions that are optimal for the client’s business and tax objectives and non-tax legal requirements. Our attorneys have considerable experience in the taxation of business organizations, corporate and partnership taxation, reorganizations, individual income taxes, pension and employee benefits, employee compensation planning, estate and gift tax, exempt organizations, foreign tax, excise, sales, use, ad valorem, and property taxes. Most of our attorneys hold advanced relevant degrees (LL.M. or M.B.A.) and many are recognized by their peers for their superior skills through membership in the American College of Tax Counsel (ACTC) and/or the American College of Trust and Estate Counsel (ACTEC).
Areas of Representation
In conjunction with the firm’s Business lawyers, we represent all forms of business enterprises from start-ups, small businesses and family businesses to publicly traded companies. Our representation spans the business life cycle from opening a business and business entity formation, developing and implementing tax-advantageous exit strategies, and bankruptcy and reorganization if the circumstances arise.
We advise clients regarding all types of federal income tax issues and disputes beginning at the audit stage through litigation before the IRS, the Tax Court, the Court of Federal Claims, and other federal trial and appellate courts. Our tax lawyers also have considerable experience in state and local tax litigation, including property and income tax issues.
Our approach to tax controversies is to consider all of the possible opportunities to achieve the most favorable resolution. Once a dispute arises, we work closely with our clients to develop and implement a strategy to obtain the best result whether the facts call for settlement or other workout method or litigation before the proper tribunal. Our attorneys have experience and achieved success at all levels.
We have extensive experience in advising and representing our clients on state and local tax matters, whether they arise in Kansas, or throughout the United States. Our representation of clients with respect to state and local taxes covers the full spectrum of state and local taxes, including corporate franchise and income taxes, sales and use taxes, real and personal property taxes, local business license taxes, gross receipts taxes, excise taxes, severance taxes, capital stock taxes, documentary and other transfer taxes, and personal income taxes. We are uniquely experienced in understanding the needs and issues unique to multi-state corporations. Tax team lawyers regularly work with clients in the development and implementation of effective sales, use and property tax exemption and minimization strategies.
The work of the state and local tax lawyers include planning and consulting with respect to state and local tax issues, representation in the audit process and administrative controversies, and prosecution of appeals through court litigation, including the Kansas Board of Tax Appeals.
We advise clients in connection with their foreign activities and foreign corporations in connection with their U.S. activities. Our advice includes structuring of acquisitions, dispositions, joint ventures and strategic alliances. Where necessary, we work with local tax advisors to determine optimal structures. We are well versed in the special tax considerations that apply to U.S. persons holding interests in foreign entities, including the rules applicable to controlled foreign corporations, passive foreign investment companies and foreign personal holding companies. We assist clients in developing and implementing agreements relating to the cross-border sales of tangible and intangible property, and in the sale, licensing and development of intangible property.
Our trusts and estates lawyers represent individuals and fiduciaries in all aspects of estate planning and the administration of estates and trusts, both foreign and domestic. This includes tax and estate planning for executives of public corporations and closely-held businesses. We advise clients with respect to the income taxation of estates, trusts, and beneficiaries; estate, gift, and generation-skipping transfer tax matters; the use of charitable-giving techniques to implement estate plans of philanthropists and others; special problems relating to closely-held business owners; legal services programs and deferred compensation packages for executives; marital and domestic partner property agreements; complex tax and other problems involving estates, trusts, and beneficiaries; and international aspects of estate planning and administration. For more information, click here.
We represent a broad spectrum of tax-exempt organizations and advise them on the numerous and evolving requirements to obtain and maintain their tax exempt status and avoid or minimize excise taxes. Our representation includes public charities, religious organizations, social welfare agencies, environmental organizations, research groups, political action committees (PACs) broad-based publicly supported charities of diverse character, amateur sports competition groups, supporting organizations and private operating and non-operating foundations. For more information, click here.
American Restaurant Partners, L.P.
Bank of America, N.A.
Bank of Kansas
Bombardier Aerospace Learjet
Cancer Center of Kansas, P.A.
Catholic Diocese of Wichita
Cereal Food Processors, Inc.
Cessna Aircraft Company
Cochener Garvey Capital Partners, Inc.
Hays Medical Center, Inc.
Koch Industries, Inc.
Martin K. Eby Construction.Co., Inc.
Ritchie Associates, Inc.
Spirit AeroSystems, Inc.
The Boeing Company
Via Christi Health
Impending Estate & Gift Tax Changes in 2013
Unexpected Repeal of Federal Estate Tax
Bill in Congress to Eliminate Minority Interest Discounts in Intra-Family Transfers
New IRS Q&As clarify ACA reporting issues
2015 inflation adjusted amounts for HSAs and HDHPs
IRS and HHS rein in minimum value plans
Chapter on Like Kind Exchanges
-KBA Handbook, Kansas Real Estate Practice and Procedures
Raising Penalty Standard ‘More Likely than Not’ Creates Conflict Between Tax Lawyers and Their Clients
-Washburn Law Journal
Estate Planning for Oil, Gas and Other Mineral Interests (Foulston Siefkin LLP)
The Winds(or) of Change (Foulston Siefkin LLP)
Estate Planning for Qualified Retirement Plans and IRAs (Foulston Siefkin LLP)
Tax and Accounting Issues for the Occasional Financial Lawyer (Topeka Bar Association)
Discretionary Trusts (Edward Jones – Coffee Club)
Estate Planning for Family Harmony (Wichita State University Accounting & Auditing Seminar)
Estate Planning for Family Harmony (Kansas Christmas Tree Growers Association)
Support and Discretionary Trusts (Foulston Siefkin Summer Estate Planning Forum)
Discretionary Trusts and Charitable Lead Trusts (Washburn Law School Foundation)
Using Trusts in Medical Planning: Avoiding Hazards & Maximizing Benefits (KBA “Hot Topics” in Elder Law (Junction City))
Estate Planning for Family Harmony (Derby Kansas Community Foundation)
Governmental Resource Benefits Planning, "Boot Camp" (Foulston Siefkin Winter Estate Planning Forum)
Support & Discretionary Trusts: Considerations and Hazards (KBA Plaza Lights)
Planned Giving: Legal Implications for the Donor (Non Profit Chamber of Service)
Important Tax Issues Practitioners Often Overlook (Kansas Bar Association Seminar)
Medicaid Planning and Estate Planning for Second Marriages (Western Kansas Estate Planning Council)
Family Harmony (CoreFirst Bank)
Estate Planning for Second Marriages (KBA "Slam Dunk" Seminar)
Legal Issues Involved with E-Assets (Foulston Siefkin Winter Estate Planning Forum)
Estate Planning for Non-Traditional Couples (Foulston Siefkin)
Estate Planning for Non-Traditional Couples (Foulston Siefkin Summer Estate Planning Forum)
Problem Areas in Drafting Trusts (Community Foundation of Southeast Kansas, Pittsburg)
Recent Developments in Federal and State Tax Law (Community Foundation of Southeast Kansas, Pittsburg)
Achieving Family Harmony in Estate Plans/Practice Tools and Trust Provisions (National Academy of Elder Law Attorneys (NAELA))
Resting in Pieces/Achieving Family Harmony in Estate Planning (Kansas Association of Legal Assistants)
Problem Areas in Drafting Trust Documents (Foulston Siefkin Winter Estate Planning Forum)
Estate Planning and Competency Issues: Legal Practical Standards and Drafting Techniques (Wichita Bar Association)
Part 2, Family Harmony Drafting Issues (Kansas Bar Association Teleconference)
Part 1, Family Harmony Counseling Issues (Kansas Bar Association Teleconference)
Resting in Pieces: How Traditional Estate Planning Fosters Family Harmony (Kansas/Missouri Two State ACTEC Meeting)
Preserving Family Harmony in the Estate Planning Process (KBA Annual Plaza Lights Seminar, Kansas City)
Medicaid Planning for Long-Term Care: A Change in Direction (Foulston Siefkin)
Resting in Pieces, How Traditional Estate Planning Can Destroy Family Harmony (Wichita Probate Practice Committee)
“Sticky Points” in Estate Planning (Foulston Siefkin Summer Estate Planning Forum)
Big Mistakes in Estate Planning: Not Properly Addressing Income Tax Issues (Foulston Siefkin Winter Estate Planning Forum)
Planning for IRAs, 401Ks, and Other Tax Deferred Assets (Foulston Siefkin Winter Estate Planning Forum)
Irrevocable Life Insurance Trusts (ILIT): Care and Feeding of an Old Workhorse (Foulston Siefkin Summer Estate Planning Forum)
Biggest Mistakes in Estate Planning (Foulston Siefkin Summer Estate Planning Forum)
Legislative Update/Family Harmony Estate Planning Strategies (Central Kansas Planned Giving Roundtable)
Family Harmony Estate Planning Strategies (EPlanners (National Estate Planning Group))
Family Harmony (Wachovia)
Maximizing Asset Protection in Third Party Trusts (WBA Probate Committee)
KS and Federal Legislative Update; Family Harmony (National Association of Insurance and Financial Advisors group (Wichita, KS))
Estate Planning for Second Marriages (Foulston Siefkin Summer Estate Planning Forum)
Medicaid Planning (Wichita Financial Planning Association)
Asset Protection Trusts (American College of Trust and Estate Counsel (ACTEC), Asset Protection Committee, (Salt Lake City))
Strategies to Preserve Family Harmony (Western Kansas Council on Planning and Giving (Hays, KS))
Estate Planning for Family Harmony (American College of Trust and Estate Council (ACTEC), Oklahoma Chapter (Oklahoma City, OK))
Family Harmony: An All Too Frequent Casualty of the Estate Planning Process (Wichita Area Chapter of Kansas CPAs)