David C. Bahls

Principal
David C. Bahls Image
Direct: 612.632.3008

Support Staff

Tammy Scherling
Direct: 612.632.3076

Businesses and individuals call upon Dave Bahls with their transactional tax planning and structuring needs. For over 30 years, he has worked with clients on numerous tax issues including mergers and acquisitions, corporate restructurings, limited liability companies, like-kind exchanges, and tax controversy work. Dave’s focus on his clients’ business goals, his knowledge of the tax laws, and his practical approach to navigating the tax maze allows clients to achieve their goals in the most tax-efficient manner. In addition to tax work, he advises closely held businesses on general business issues, including choice of entity issues, drafting organizational documents, and other ongoing business issues. Dave serves on the firm’s Board of Directors and formerly was managing officer of the firm.

Experience

  • Tax opinion on merger of two public companies in the medical field
  • Tax planning and structuring of sale of 60 S corporations in a regulated business using Section 338(h)(10) election
  • Tax planning for sale of professional sports team
  • Tax planning for purchases and sales of power plants by public utility
  • Tax-free division of business between two families
  • Like-kind exchange of real estate using qualified intermediary and qualified accommodator
  • Corporate restructuring of manufacturing business to concentrate ownership of active shareholder’s business to achieve business and tax goals
  • Filing estate tax return and IRS audit of $12 million estate owning stock of closely held corporation
  • Handling audit by state of Illinois of large wholesaler on nexus issues
  • Tax planning for purchases and sales of telecommunications businesses using limited liability companies
  • Sales of stock to employee stock ownership plan (ESOP)
Footer Banner
back to top