Tax Law

Tax Law Advising for Businesses and Individuals

The tax law practice of Cotton Bledsoe Tighe & Dawson, P.C., provides advice, counseling and legal representation in a wide range of tax-related matters to both individuals and businesses of all sizes. We are available to provide timely assistance, whether a business client requires tax law advice before setting up a new corporation or needs an advocate in a dispute with or audit by the Internal Revenue Service or a Texas state tax authority.

Our tax law practice is led by attorney John A. Woodside, who is board certified in Tax Law by the Texas Board of Legal Specialization. Mr. Woodside, who has practiced tax law for more than 35 years, is also a former chair of the tax law division of the Texas Board of Legal Specialization.

From our offices in Midland, Texas, we provide tax law counsel for the firm's clients in all aspects of income tax, including oil and gas tax, partnership taxation, corporate tax and all other areas of tax law — except estate and gift tax matters, which are handled by our firm's estate planning section.

Tax Law Advice for Commercial Clients and Business Entities

Our tax law attorneys provide advice and issue formal opinions for clients on all types of taxation issues of importance to commercial clients:

• Entity formation and taxation concerns
• Taxation issues related to commercial bankruptcy and loan workout agreements
• Oil and gas tax matters
• Drafting taxation sections of offering documents
• Private oil and gas and other securities offerings
• 1031 exchanges

Employment-Related Tax Law Advice

Our tax lawyers are frequently called upon to advise and represent business clients with regard to the tax consequences of different types of employee compensation and pension agreements, including stock option agreements, 401(k) plans and 403(b) annuity plans.

Tax Law Counseling for Nonprofit Organizations

Cotton Bledsoe has an active and growing practice managing taxation issues on behalf of nonprofit organizations, including private foundations and charities, churches, foundations and hospitals. We are available to guide nonprofit organizations through the process of forming a nonprofit organization under local laws such that it qualifies for tax-exempt status under the Internal Revenue Code and Texas state tax laws.

We invite you to contact our office for more information about our tax law practice.