George Schutzer helps business and nonprofit clients on tax matters, focusing on financing transactions, tax-exempt organizations, partnerships, limited liability companies, leasing, mergers and acquisitions and tax provisions relating to energy, the environment and education.
George assists tax-exempt organizations in preparing applications for recognition of tax-exempt status and counsels them on limitations on political activity and lobbying, excess benefit transactions, asset sales, unrelated business taxable income, joint operating agreements, public charity status and deductibility of dues and contributions. He represents nonprofit organizations before the Internal Revenue Service (IRS) and the District of Columbia.
George devotes a substantial portion of his practice to the tax aspects of partnership and limited liability companies, including fund formation. He has advised private equity and mezzanine finance funds and small business investment companies on structuring issues to accommodate tax-exempt and foreign investors. George has special expertise in the tax aspects of savings to finance education, certain environmental excise taxes and taxation of investments in renewable energy. He advises corporations and investment funds on the energy tax incentives in the American Reinvestment and Recovery Act of 2009.
In addition to providing tax assistance in structuring business transactions, George drafts tax legislation and assists clients on complex and technical tax legislative and regulatory projects.