Nevada’s corporate code and lack of a state income or gross receipts tax make it one of the most business-friendly jurisdictions in the country. Whether you are an ultra high net worth individual looking for strategic tax planning advice or a business looking for a corporate tax attorney, we have the expertise to help you. TheMcDonald Carano Tax Group’s in-depth understanding of the intersection of corporate, state and federal tax law enables us to help clients take advantage of Nevada’s business-friendly environment. We know what it takes to work successfully with individuals and businesses seeking to minimize tax burdens while maximizing opportunities for return on investment. In the U.S. News – Best Lawyers®“Best Law Firms” 2023 report, our Tax Law Practice in Reno is ranked Tier 1 and our Tax Law Practice in Las Vegas is ranked Tier 1. Our attorneys also frequently earn Tax Lawyer of the Year awards, including “Best Lawyers in America 2023” and “Best Lawyers in America 2022.” Our ultra high net worth tax planning and corporate tax attorneys in Las Vegas and Reno serve individuals, publicly held corporations, closely held corporations, partnerships, limited liability companies, tax-exempt organizations, startups, and closely held and family businesses. We work with these clients to develop strategies and structures that reduce tax burdens while advancing immediate and long-term financial objectives.
Our corporate tax attorneys provide legal advice to Nevada businesses on the tax implications of entity selection and the tax consequences of mergers, acquisitions, dispositions, reorganizations, real estate transactions, financing and compensation agreements, to name just a few. We advise private foundations and tax-exempt organizations on tax issues and provide tax planning for closely held and family businesses. We resolve state and federal tax controversies and litigation as well as help clients navigate the insolvency and/or bankruptcy. Our ultra high net worth tax planning attorneys advise on the tax challenges associated with individual wealth and business succession planning, family wealth transfers, estate planning, asset protection, gifting initiatives and charitable giving trusts. Our tax practice includes:
Business structuring
Corporate tax matters
Ultra high net worth tax planning and advice
Debt restructurings, asset liquidations and distributions
ERISA, qualified and nonqualified plans
Executive compensation
Fractional interest transfers of business interests
In-state and out-of-state tax planning
Mergers, acquisitions and corporate finance
Partnerships and joint ventures
Private equity and investment funds
Real-estate transactions
Sales and use tax, documentary stamp tax, and taxation of property
Tax controversy and litigation
Tax-exempt organizations
Wealth preservation, business succession and charitable giving
The September 2023 edition of Communique’ magazine features brief summaries of select highlights of legislation passed during the 82nd Session of the Nevada State Legislature 2023. Josh Hicks published write-ups…
McDonald Carano proudly announces that 19 areas of expertise in our Reno and Las Vegas offices received the highest “Tier 1” ranking in the U.S. News–Best Lawyers® “Best Law Firms”…
McDonald Carano proudly announces that 17 areas of expertise in our Reno office achieved the highest Tier 1 ranking in the U.S. News–Best Lawyers® “Best Law Firms” 2024 report. “Best Law…
McDonald Carano proudly announces that 12 areas of expertise in our Las Vegas office achieved the highest Tier 1 ranking in the U.S. News–Best Lawyers® “Best Law Firms” 2024 report. “Best…
McDonald Carano congratulates Mark Knobel on receiving his 12th “Lawyer of the Year” award from The Best Lawyers in America® for the greater Reno region. In the 2024 edition of…
McDonald Carano proudly announces that 15 of our Las Vegas office lawyers have been selected by their peers for inclusion in the 2024 edition of The Best Lawyers in America® and…
McDonald Carano proudly announces that 21 of our Reno office lawyers have been selected by their peers for inclusion in the 2024 edition of The Best Lawyers in America® and two…
McDonald Carano congratulates Scott Swain, Chair of our Trust & Estates Practice, on receiving his fourth consecutive year of Band 1 recognition in the Chambers High Net Worth Guide 2023….
McDonald Carano congratulates Robert Armstrong for receiving the highest ranking of Band 1 in Private Wealth Law in the 2023 Chambers High Net Worth Guide. 2023 is the seventh consecutive…
McDonald Carano is proud to announce that 11 of our attorneys are recognized as “Super Lawyers” and seven are recognized as “Rising Stars” in the 2023 edition of Mountain States…
McDonald Carano is proud to announce that 11 of our attorneys are recognized as “Super Lawyers” in the 2023 edition of Mountain States Super Lawyers magazine. The list of top…
McDonald Carano congratulates 15 attorneys in our Las Vegas office who are recognized as “Top Lawyers” in the Vegas Inc 2023 list of the “best lawyers in our community as…
McDonald Carano proudly announces that 17 of our attorneys are recognized as “Top Rank Attorneys” in Nevada Business Magazine’s 2023 list of the State’s top attorneys as voted by their…
McDonald Carano proudly announces that more than half of our Partners, Of Counsel, and Senior Counsel have received the Martindale-Hubbell® AV Preeminent® Peer Review Rating™ for achieving “the highest level…
McDonald Carano congratulates Josh Hicks on his election to Chairman of the Board of Directors of the Nevada Taxpayers Association. Josh has been a member of the Board of Directors and the…
McDonald Carano is proud to announce that Michael Whittaker has been elevated to Partner, effective January 1, 2023. Michael is a Partner in our Trust & Estates Law practice which…
On December 7, Northern Nevada Business Weekly announced the results of its 2022 Best In Business contest and three McDonald Carano team members are the three top vote getters in…
McDonald Carano proudly announces that 10 areas of expertise in our Las Vegas office achieved the highest Tier 1 ranking in the U.S. News – Best Lawyers® “Best Law Firms”…
McDonald Carano is an annual Presidential Gold sponsor of the Economic Development Authority of Western Nevada. Our long-term involvement in EDAWN is led by Matt Addison, Managing Partner of our…
McDonald Carano welcomes James Chisel as a member of our Trust & Estates Practice Group and Tax Law Practice Group. His practice area is focused on the planning, creation and…
McDonald Carano congratulates Mark Knobel on an excellent record of receiving ten Lawyer of the Year awards in five areas of expertise in seven years from The Best Lawyers in…
McDonald Carano proudly announces the sixth consecutive year that we have received the highest ranking of Band 1 in the category of Private Wealth Law in the Chambers High Net…
McDonald Carano congratulates Robert Armstrong for receiving the highest ranking of Band 1 in Private Wealth Law in the 2022 Chambers High Net Worth guide. 2022 is the sixth consecutive…
McDonald Carano proudly announces that Scott Swain, Chair of our Trust & Estates Practice, received his third consecutive year of Band 1 recognition in the Chambers High Net Worth guide. In…
McDonald Carano proudly announces having the most attorneys recognized in Nevada Business Magazine’s “Top Rank Attorneys” list for 2022, including four “Best Up & Coming Attorneys.” For the past 15…
Josh Hicks, Chair of McDonald Carano’s Government Affairs & Advocacy Group, was interviewed on Nevada Newsmakers about critical and controversial issues of the day. Nevada Newsmakers is the premier state-wide…
McDonald Carano proudly announces earning recertification in Meritas, the leading global alliance of independent full-service business law firms. McDonald Carano joined Meritas in 1990 as a founding member and we…
McDonald Carano proudly announces that 17 Practice Groups in our Reno and Las Vegas offices have received the prestigious “Tier 1” ranking in the 2022 edition of the “Best Law…
McDonald Carano proudly announces that seven lawyers in our Reno and Las Vegas offices received “Lawyer of the Year” awards in the 2022 edition of Best Lawyers in America. Over…
McDonald Carano proudly announces that Best Lawyers in America recognized seven lawyers in our Reno and Las Vegas offices for their expertise in trust and estate planning and litigation, and…
McDonald Carano proudly announces that 37 of our lawyers have been selected by their peers for inclusion in the 2022 edition of The Best Lawyers in America, the leading peer-review…
McDonald Carano proudly announces that five lawyers in our Reno office received “Lawyer of the Year” awards in the 2022 edition of Best Lawyers in America. The Reno office now…
McDonald Carano proudly announces that Best Lawyers in America 2022 has named John Galvin “Lawyer of the Year” in Tax Law for the Reno metropolitan region. Best Lawyers in America…
McDonald Carano proudly announces the fifth consecutive year that Chambers awarded the firm its highest ranking of Band 1 in the category of Private Wealth Law. The prestigious recognition of McDonald…
McDonald Carano proudly announces that Chambers USA has awarded Robert Armstrong the highest ranking of Band 1 for Private Wealth Law in the High Net Worth Guide 2021. 2021 is…
July 9, 2020 – McDonald Carano is pleased to announce Chambers has again listed the Firm as a highly ranked law firm in both the Chambers USA and Chambers High…
November 1, 2019, McDonald Carano, Nevada’s law firm for businesses and high-net-worth individuals, is pleased to announce the firm has been named one of the country’s “Best Law Firms” in…
December 1, 2018, ABA Entertainment and Sports Lawyer Since the Raiders announced their decision to relocate to Las Vegas, there have been Multiple articles written stating that the relocation will…
November 1, 2018, Las Vegas, NV – McDonald Carano, Nevada’s law firm for businesses and high-net-worth individuals, is pleased to announce the firm has been named one of the country’s…
September 2018 Retail Association of Nevada (RAN) Nevada News Reno, Nevada calls itself the “Biggest Little City in the World.” For many years, Reno was viewed as a blue-collar gambling…
RAN Newsletter, August 1, 2018 Last month, the United State Supreme Court issued its opinion in South Dakota v. Wayfair, Inc. The decision overruled a 1992 case affirming that a seller…
Law360 Tax Authority, June 1, 2018 Reno, Nevada, calls itself the “Biggest Little City in the World.” For many years, Reno was viewed as a blue-collar gambling town tucked into…
Gamblingcompliance.com, April 17, 2018, by Chris Krafcik The U.S. casino industry’s ex-chief lobbyist and Nevada’s former top gambling regulator sounded the same alarm at a conference last week: many U.S….
Mansion Global, Tax Talk, April 12, 2018 By V.L. Hendrickson Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q: I…
RAN – Retail Association of Nevada, April, 2018 On April 17, 2018, the United States Supreme Court (SCOTUS) will hear oral arguments in the case of South Dakota v. Wayfair, Inc. The…
Community Interests, Feb 01, 2018 Property Tax On Common Elements: Where is the tax assessed? Associations often hold and manage common elements for the benefit of the property owners in…
County assessors in Nevada mailed their tax year 2018-19 notices of value in early December 2017. Many of these notices reflect double digit increases in valuation. These values can be…
Common Area Amenities: The Sun City cases lay the foundation for successful appeals. Homeowners associations often hold and manage common area amenities for the benefit of the residents of their…
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