A recognized tax attorney and advisor, Doug counsels businesses on complex tax structures, guides nonprofits on tax exemption, and assists renewable energy developers with tax credit issues.
Doug’s deep experience in tax law includes practical strategies for clients regarding mergers, acquisitions, joint ventures, workouts (in and out of bankruptcy), recapitalizations, divestitures, spin-offs, entity formations as well as all forms of capital-raising activities. He assists corporations, partnerships, and limited liability companies, ranging in size from startups to multinational public corporations. Additionally, Doug is known as a leader in matters of qualified opportunity funds and their tax benefits, counseling funds, their managers, and investors on the planning, structuring, and implementation of qualified opportunity funds.
A significant portion of Doug’s practice in recent years has been devoted to the renewable energy sector, where he advises developers of wind, solar, and renewable natural gas projects on tax credits, primarily under the Inflation Reduction Act (IRA). He assists clients in determining which of their planned activities will qualify for which IRA credits and helps maximize this form of financing. Doug also represents developers in traditional mergers, acquisitions, and other transactions and assists with organizational documents. He has represented clients on the investor side of energy projects as well and values the opportunity to help the world transition to a renewable future.
Doug has earned a reputation for serving nonprofit and tax-exempt organizations. He counsels public charities, family and corporate private foundations, and other exempt organizations on a broad range of governance and tax matters, including self-dealing and other private foundation excise tax rules. From well-established community organizations with multimillion-dollar annual budgets to those with modest levels of financial activity, Doug helps clients achieve their charitable mission while remaining compliant with the tax-exempt requirements. He also counsels exempt organizations on matters related to their exempt status, such as compliance with federal limits on lobbying and political campaign activity, issues related to private benefit and private inurement, and strategies around unrelated business taxable income.
Doug is experienced at providing in-depth analysis of various options for structuring organizational ventures and the likelihood that certain revenue streams would generate unrelated business taxable income. Clients value his gift for providing practical, real-world answers in complex situations.