HSPRD works closely with clients to develop detailed estate plans designed to minimize taxes after a loved one dies. The firm also provides coordinated wealth management and probate services that allow clients to manage all of their financial legal needs under one roof.
HSPRD has represented developers and syndicators in regard to housing tax credits, new market tax credits, historic rehabilitation tax credits and energy tax credits.
Our firm handles unclaimed property audits, advises on situs laws to minimize state and local taxes, develops tax structures for foreign clients’ American investments and negotiates and drafts tax reimbursement and allocation agreements regarding U.S. employees and operations located overseas.
One of our attorneys previously consulted an Illinois governor on state tax legislation, including film tax credits and a possible gross receipts tax.
We have represented clients in audits under the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA), settled a federal accumulated surplus tax case during the appeals process and settled a Chicago lease and use tax matter during an administrative hearing.
HSPRD has a deep knowledge of tax-exempt and taxable bonds. We handle 501(c)(3) and Indian tribal bonds and can serve as bond counsel, borrower’s counsel, underwriter’s counsel, issuer’s counsel and credit enhancer’s counsel for any bond matter.