Business Law

Taxation

We do more than implement thoughtful and practical tax solutions. We help clients clearly understand all the various tax implications for their personal and business interests, so they are well positioned to capitalize on the best available tax advantages as part of their plan. We have extensive experience in estate planning, business formation, business succession planning, and state, federal and international tax planning, as well as tax liability negotiations. From mergers and acquisitions and complex corporate reorganizations to representing clients in adversarial proceedings with the Internal Revenue Service and state tax authorities, our attorneys help smoothly navigate the entire spectrum of tax-related legal problems. Our tax law experience and capabilities include:

  • Federal income tax
  • State income tax
  • Estate tax
  • Sales and Use Tax
  • Tax-exempt organizations
  • Civil and criminal tax controversy work
  • Tax-exempt bond financing
  • State and local tax credit opportunities
  • Business formation
  • Business succession planning
  • Mergers and acquisitions

A keen eye on all the details.

Tax planning presents a challenging set of issues and considerations for businesses and individuals. Aligning the various pieces into a simple, cohesive picture takes extensive knowledge and a nuanced understanding of tax codes. That’s where Preti Flaherty’s tax law team comes in. We have some of the most experienced and specialized tax attorneys in the region, and we pride ourselves on the ability to comb through the most complex plans and transactions to identify all current and potential tax issues and offer solutions for each. We also regularly consult our attorneys in related practice groups such as real estate, employment and municipal, offering clients a multi-disciplinary approach to handling all tax considerations.

Firm Highlights

News

Fifteen Preti Flaherty Attorneys Selected as Chambers USA Leaders in Their Field

Fifteen Preti Flaherty attorneys and five practice groups have been selected for inclusion in the 2021 Chambers USA Guide to America's Leading Lawyers for Business , the highly regarded directory of leading attorneys and...

Publication

Legislative Alert: Maine Legislature Adjourns!

The First Special Session of the 130 th Legislature finally adjourned on Monday night, July 19 th . As many of you may remember, the First Regular Session ended in March 30th when the...

Publication

How to Avoid Misclassifying Your Employees Under the Maine Workers’ Compensation Act

What criteria are necessary to classify someone as an independent contractor and how can employers avoid misclassification and the repercussions that come with it? In this article, Preti Flaherty attorney and Mainebiz guest columnist John...

Publication

Escalation Clause: An escape from the price-spike trap

Anyone in real estate development would have to be living under a rock not to know about skyrocketing lumber and material prices in the “post”-pandemic world. Pre-pandemic, the average cost for 1,000 board feet...

Publication

Maine’s Exemption Laws Are Changing

In March of this year, Representative Denise Tepler (D. Topsham) introduced “An Act To Increase the Value of Property Exempt from Attachment and Execution,” LD 737, which sought to dramatically change Maine’s exemption scheme. ...

News

Maine Justice Foundation Makes Inaugural Grants to Six Maine Groups Working for Racial Justice and Equity

The Maine Justice Foundation has made inaugural grants from its Racial Justice Fund to six Maine groups. The goal of the Fund is to support Black, Indigenous, and People of Color statewide to forge...

News

Preti Flaherty Welcomes Attorneys Angelica Li and Hannah M. Oakes to the Firm

Preti Flaherty is pleased to announce the arrival of two new attorneys to our Boston, Massachusetts, office: Angelica Li and Hannah M. Oakes. Angelica joins the firm as an Associate in our Environmental Practice...

Publication

The Latest from OSHA on Mitigating and Preventing the Spread of COVID-19 at Work

On the tails of updated guidance from other agencies, the U.S. Department of Labor Occupational Safety and Health Administration ("OSHA") released new pandemic-related guidance last month. This guidance was issued on June 10, 2021...

News

Benchmark Litigation Names Preti Flaherty 2021 “Maine Firm of the Year”

Benchmark Litigation has named Preti Flaherty as 2021 Litigation Firm of the Year in the State of Maine. The Benchmark Awards honor distinguished litigators and law firms in all 50 states and 10 practice...

News

Preti Flaherty Attorneys Sig Schutz and Alex Harriman Assist with Amicus Brief in Defense of Maine's Anti-SLAPP Law

Serving as counsel for The Reporters Committee for Freedom of the Press (RCFP) and 14 other news media organizations, Preti Flaherty attorneys Sigmund Schutz and Alexandra Harriman filed with the Maine Supreme Judicial Court a...