Overview
Tom Kinasz counsels businesses, individuals and not-for-profit organizations on federal and state tax matters, helping clients plan transactions, preserve wealth and resolve disputes with tax authorities. Based in Chicago, he advises on income tax planning, wealth conservation, executive compensation, charitable giving, real estate and tax-exempt status.
Much of Tom's practice involves planning the organization, structure and operation of business and investment entities, particularly partnerships, corporations and limited liability companies. He frequently advises owners on the income and estate tax consequences of their ownership interests and counsels individuals and businesses on their executive compensation programs.
When businesses change hands or change shape, he helps clients manage the tax consequences. Tom is frequently involved in the negotiation, planning and documentation of mergers, acquisitions, dispositions, restructurings and reorganizations. He also advises on the tax aspects of purchasing, selling and exchanging residential and commercial real estate and the entities that own and operate those properties.
Not-for-profit organizations turn to Tom for guidance on formation, governance and federal and state tax compliance. He has represented numerous organizations applying for exemption from federal income tax and seeking confirmation of exempt status under Section 501(c) of the Internal Revenue Code. He also advises tax-exempt trade associations and public charities on preserving their exempt status and counsels private foundations on avoiding or minimizing excise tax liability.
When disputes arise, Tom represents individuals, businesses and tax-exempt organizations in tax controversies, audits and examinations involving the IRS and state revenue authorities. He is a frequent contributor to tax and business seminars for professional and civic groups and has discussed tax topics on radio and television. His ability to address tax issues across business, personal and charitable contexts allows clients to coordinate planning decisions rather than treat them in isolation.
Credentials
- Northwestern University Pritzker School of Law, J.D.
- Niles College of Loyola University (Chicago, Illinois), B.S., summa cum laude
- Illinois
- All State Courts in Illinois
- U.S. District Court for the Northern District of Illinois
- U.S. Tax Court
- Illinois Super Lawyer, 2007
- Pro Bono All Star, Holland & Knight, 2011-2018, 2020, 2021