Kevin J. Feeley
Subscribe to Kevin J. Feeley's PostsKevin J. Feeley focuses his practice on the taxation of complex transactions, with particular emphasis on structuring and implementing partnership and limited liability company transactions, including joint ventures and private equity investments. In addition, Kevin has extensive experience in structuring mergers and acquisitions, tax-free reorganizations, recapitalizations and restructurings of financially troubled companies. He also has advised closely held companies, family offices, S corporations and cooperative organizations on tax planning issues and strategies. Read Kevin Feeley's full bio.
CARES Act Update: IRS Provides Guidance to Partnerships to Take Advantage of Liquidity Benefits
By David Sherwood, Kevin J. Feeley and Kevin Spencer on Apr 13, 2020
Posted In IRS Guidance, Tax Refunds, Uncategorized
On April 8, 2020, the Internal Revenue Service (IRS) issued Rev. Proc. 2020-23 in response to the Coronavirus Aid, Relief and Economic Security (CARES) Act. Rev. Proc. 2020-23 eases restrictions on partnerships’ ability to file amended tax returns and issue amended Schedules K-1 in order for their partners to avail themselves of the retroactive tax relief provided...
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GILTI Rules Particularly Onerous for Non-C Corporation CFC Shareholders
By Gary C. Karch, Kevin J. Feeley and Sandra P. McGill on Feb 1, 2018
Posted In Tax Reform, Uncategorized
The recently enacted tax reform legislation significantly expanded the application of Subpart F, including by adding a new inclusion rule for non-routine CFC income, termed “global intangible low-taxed income” (GILTI). The GILTI rules apply higher tax rates to GILTI attributed to individuals and trusts who own CFC stock (either directly or through LLCs or S...
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