Marty started his career by spending three years as an auditor for the IRS; since then he has worked as a tax professional in public accounting and industry. Proven success in researching tax law to develop creative plans to solve problems and take advantage of opportunities. Extensive experience in business acquisitions and divestures using experience in areas tangential to M & A such as consolidated (SRLY) regulations, IRC Section 382, accounting methods, qualified and non-qualified compensation plans, valuation of intangibles, payroll tax and state and local tax issues.Extensive experience in tax research, planning preparation and review of multi-state income tax returns for corporations (including federal consolidated and state unitary and state consolidated non-resident), partnerships, trusts, estates and structuring of foreign operations or new ventures in the USA. Marty has a BS in Accounting from Northern Illinois University and a Masters in Taxation from DePaul University and has developed and instructed tax courses at national CPA firms and the IRS. Proactively participates in business acquisitions and divestitures • Negotiated a change from an asset deal to an equity deal to maximize capital gain treatment in the sale of a business owned by a partnership. This change was made midstream during negotiation of a purchase contract in order to take advantage of the asymmetric tax treatment provided by Revenue Ruling 99-6 to seller and buyer in the partnership area of the law. Valuation of intangible assets to limit ordinary income exposure from IRC Section 751.• Minimizing income tax upon sale of business using D and F reorganizations. Documented support for owner’s personal goodwill and applied tax definition of Fair Market Value to limit double taxation in the transaction . Used divisive D reorganizations in long term divesture planning.
Listed skills include Auditing, Cpa, Financial Planners, Income Tax, and 16 others.