Steve Tax is a Partner at EagleStone
Steve helps businesses and individuals navigate the complex tax code. Additionally, he works closely with tax-exempt organizations on compliance issues.
Tax disputes between clients and California and IRS authorities often require negotiations and resolution, representing both domestic and international clients, including private equity funds.
He provides real estate developers, operatorss, and managers with advice regarding complex ownership structures involving REIT subsidiaries or affiliates, neighborhood retail spaces, CBD office spaces or lodging properties.
Early Life and Education
Steve hails from Lytham St Annes in Lancashire and attended Peterhouse, Cambridge for his academic studies. After qualifying as a solicitor in 1998 he went on to work with insurance companies and regulatory bodies, eventually marrying and having two children of his own.
Steve specializes in structuring private equity investments and other complex transactions in an effective, tax-saving manner for investors and companies alike. Additionally, he frequently lectures and conducts courses related to venture capital fund formation and taxation.
Steve is committed to making an impactful difference in the community outside his practice, including serving on the Public Policy Advisory Counsel and chairing an Illinois state legislative task force that amended principal licensure laws. Additionally, he has addressed audiences convened by organizations such as National Governor’s Association, Education Trust and Wallace Foundation.
He provides financial statement audits, reviews and agreed-upon procedures for clients from a wide array of industries. Furthermore, he assists businesses to take full advantage of federal tax opportunities such as Opportunity Zones. Furthermore, he participates in construction industry meetings and associations.
His clients include individuals and closely held businesses. He specializes in tax planning for high-net-worth individuals and business owners as well as compliance services, while offering advice about tax-saving strategies such as cost segregation and R&D credits to his clients.
He takes great pleasure in the challenge and satisfaction derived from preparing complex returns for clients, with particular expertise in business structures that maximize cash flow while saving taxes in income, transfer and sale transactions. In addition to working closely with attorneys and accountants on state/local tax matters.
Achievement and Honors
Steve Tax was Emory University’s general counsel for over 10 years, during which time it experienced significant expansion. As general counsel he oversaw all legal aspects related to campus expansion, hospital acquisitions and building new facilities such as Health Sciences Research Building II.
He also has extensive expertise in choosing entities for use in business transactions, and has written multiple books and articles on the topic (including QuickBooks for Dummies and Quicken for Dummies). Furthermore, he frequently contributes his expertise to both national and local business press publications.
He is a member of the American Bar Association and was named Oklahoma City Tax Litigation and Controversy Lawyer of the Year by Oklahoma Magazine. Additionally, he was listed in The Best Lawyers in America under business organizations; corporate law; estate planning & trusts; tax litigation and controversy as well as being recognized as a 2019 Super Lawyer by Oklahoma Magazine.
Steve has become widely sought out as an expert on budget deficits, federal spending and tax policy by both media outlets and congress members alike. He has testified numerous times in front of congressional committees while his commentary has appeared in publications like New York Times, Wall Street Journal, Washington Post as well as major broadcast networks.
He offers an expansive international and domestic tax practice, focusing on complex corporate transactions and disputes, business acquisitions/divestitures, foreign tax credit planning strategies, intellectual property tax matters as well as executive compensation tax planning for exempt organizations.
His firm provides clergy tax return preparation. Additionally, they advise high net worth individuals and families on estate planning strategies; he is a member of the Chicago Estate Planning Council as well as contributing articles for its publication.
Steve is part of EagleStone’s team and provides advice and consultation in tax planning, compliance and investment consulting for high net worth individuals and families. In his free time he enjoys reading, collecting stamps and neckties and playing sports.
To calculate net worth, it is important to inventory all your assets (your “assets”) and subtract all liabilities (your liabilities). Some assets can be easily valued, like cash or retirement accounts; others require further research, like car or home values or stock portfolio holdings.
Steve Harvey, best known for hosting Family Feud, is estimated to have an estimated net worth of $200 million. His assets include his 35 percent stake in Forbes magazine valued at $407.4 million; art collections; real estate investments such as his Manhattan penthouse; Little Elm Texas farmland and Fijian private islands as assets;