Kris joined Pierce Atwood LLP in 2009 as an associate in the firm's Federal Tax and State and Local Tax Practice Groups. His practice focuses on tax planning for individuals and businesses, representation of clients before the Internal Revenue Service, state revenue agencies, and the courts, and tax planning and compliance for tax-exempt organizations.
Kris advises clients on a variety of business transactions including formation, mergers and acquisitions, joint ventures, business succession planning, and executive compensation. Kris has worked extensively with federal tax credits for renewable energy projects and investments, including the section 1603 grant program, investment tax credits, production tax credits, and federal and state new markets tax credit financing. Kris is experienced with a variety of international tax issues and regularly advises clients on the tax aspects of cross-border transactions. In addition, Kris regularly works with attorneys at the Chief Counsel of the Internal Revenue Service to resolve and clarify complex tax issues.
Recent Experience
- Secured IRS Appeals' full concession as to a client's substantial conservation easement deduction
- Advised a renewable energy developer of a 50MW open-loop biomass project regarding receipt of various federal tax incentives and section 1603 cash grant
- Received favorable private letter ruling from IRS regarding inadvertent termination of a client's "S corporation" status
- Received favorable § 501(c)(3) tax exemption ruling for a business incubator client
- Currently representing a client before the U.S. Tax Court regarding a complex passive activity loss limitation issue
- Tax planning for an individual high-net-worth client regarding his permanent relocation to a foreign country, including formation of trust and LLC structure to hold various investments in a tax-efficient structure
Professional Activities
Member, American Bar Association, Section of Taxation, Partnership and LLC Committee, Administrative Practice Committee, Private Equity Committee, 2009-present
Member, Maine Bar Association, Tax Section, 2009-present
Publications
Co-Author of the blog, RenewNewEngland.com