LARRY S. BLAIR
Larry, an attorney and Certified Public Accountant, practices tax, business, estate and financial planning law, providing counsel to corporate executives, high net worth individuals and businesses and their owners.
He has extensive experience in the complex tax and wealth preservation situations facing high net worth individuals who are corporate executives or business owners. He represents both individuals and businesses in a broad array of federal, state and local tax matters and provides advice and representation to clients in tax controversies with the Internal Revenue Service and state and local tax authorities.
Additionally, Larry represents publicly held, middle-market and start-up companies on a variety of tax savings and business strategies. He has extensive experience in executive compensation and stock option planning, and has advised clients on corporate mergers, acquisitions, dispositions and redemptions. Larry’s business clients include many well known companies.
When it comes to estate and financial planning, Larry has broad experience in advising individuals, families and businesses on developing and implementing creative, tailored strategies designed to preserve wealth. Those planning strategies focus on business succession planning and passing wealth from one generation to the next. He also advises clients on the use of life insurance in estate and financial planning. He regularly consults with clients on retirement planning matters. He counsels clients working outside the United States and non-U.S. citizens working in the United States on specific tax planning opportunities.
Larry is also a frequent writer and accomplished speaker, presenting to diverse groups on various technical tax and business topics.
PRACTICE AREAS
• Tax Law
• Business Law
• Estate, Financial, and Succession Planning
• Corporate Transactions
Representative Matters
• Industrial Scientific Corporation, member of the Board of Directors.
• Counsels high income individuals on complex income tax planning and
compliance matters.
• Counsels high net work individuals on estate planning and succession planning
strategies and implementation.
• Represents clients in tax controversies with the Internal Revenue Service and state
and local tax authorities.
• Represents publicly held, middle-market, and start-up companies in tax savings and
business strategies.
• Counsels clients on corporate mergers, acquisitions, dispositions, and redemptions.
• Counsels individuals working outside the U.S., and non-U.S. citizens working in the
U.S., on specific planning opportunities.
EXPERIENCE
• 2001 Metz Lewis LLC
• 1984-2001 Tax Partner, PricewaterhouseCoopers (formerly Coopers & Lybrand)
EDUCATION
• 1976 J.D., University of Kentucky
• 1973 B.S., University of Kentucky
ADMISSIONS
• Pennsylvania
• Tennessee
• Texas
• U.S. Supreme Court
• U.S. Tax Court
publications
• The CPA's Role in Navigating Troubled Economic Waters - Be a Calming Force in
Times of Financial Turmoil, Pennsylvania CPA Journal, Winter 2009
• Keep an Eye on S Corp. Eligibility Rules, Pennsylvania CPA Journal, Winter 2008
• Solid Plan Needed for Intangible Assets, Pennsylvania CPA Journal, Spring 2008
• Revoking the Irrevocable: Correcting a Section 83(b) Election, Pennsylvania CPA
Journal, Winter 2007
• The Tax-Planning Opportunity of Selling an S Corporation, Pennsylvania CPA
Journal, Fall 2007
• Stock Redemptions with Non-Compete Agreements Do Have Tax Implications,
Pennsylvania CPA Journal, Summer 2007
• IRS Details Contract Liability Guidelines for Accrual Basis Taxpayers, Pennsylvania
CPA Journal, Spring 2007
• Tax Treatment for State Grants to Qualifying Businesses, Pennsylvania CPA Journal,
Winter 2006
• Be Careful When Deducting S Corporation Losses, Pennsylvania CPA Journal,
Fall 2006
• Safeguarding Taxpayer Information, Pennsylvania CPA Journal, Spring 2006
• Unhappily Ever After: A Look at the Tax Issues of a Failed Marriage, Pennsylvania
CPA Journal, Spring 2006
• FICA Tax Requirements and How They Affect Severance Arrangements,
Pennsylvania CPA Journal, Winter 2005
• Conservation Deduction is Often Overlooked as Tax Planning Opportunity,
Pennsylvania CPA Journal, Fall 2005
• Sale to Brother is Ownership Change, Pennsylvania CPA Journal, Summer 2005
• Proof of Mailing is a Critical Issue, Pennsylvania CPA Journal, Spring 2005
• Beware of Potential Payroll Tax Liability, Pennsylvania CPA Journal, Winter 2004
• Limited Liability Company Designation Offers Tax Liability Protections, Pennsylvania
CPA Journal, Fall 2004
• Assumed Contingent Liability and Capital Expenditure, Pennsylvania CPA Journal,
Summer 2004
• Planning for and Pitfalls of Stock Redemption and Noncompete Agreements,
Pennsylvania CPA Journal, Fall 2003
• The 2003 Federal Tax Legislation and What It Means to Your Practice,
Pennsylvania CPA Journal, Fall 2003
• Do Not Let Depreciation Opportunity Slip Away, Pennsylvania CPA Journal,
Summer 2003
• Using Compromise to Resolve Federal Tax Liability, Pennsylvania CPA Journal,
Spring 2003
• Revisit Transaction Costs as a Tax Deduction, Pennsylvania CPA Journal, Fall 2002
• Don’t Panic: Deadlines for Federal Income Tax Elections Are Not Carved in Stone,
Pennsylvania CPA Journal, Summer 2002
• Wealth Creation and Preservation: A Client Planning Tool, Pennsylvania CPA
Journal, Spring 2002
• The Tax Shelter Rules: How Do They Impact Your Practice, Pennsylvania CPA
Journal, Spring 2001
• Calling All CPAs, Pennsylvania CPA Journal, Winter 2000
• Deferred Savings for College - An Attractive Alternative, Pennsylvania CPA Journal,
Winter 2000
• In Your Planning: Do Not Overlook a Like-Kind Exchange, Pennsylvania CPA Journal,
Fall 2000
• Partnerships May Revoke Section 754 Election, Pennsylvania CPA Journal,
Summer 2000
PROFESSIONAL AFFILIATIONS AND HONORS
• Allegheny County Bar Association
• Tennessee Bar Association
• Texas Bar Association
• American Institute of Certified Public Accountants
• Pennsylvania Institute of Certified Public Accountants
• Pittsburgh Tax Club, Past President
• Board of Directors, World Affairs Council of Pittsburgh
• Editorial Board, Pennsylvania CPA Journal
• Estate Planning Council of Pittsburgh
• Numerous not-for-profit boards
• Recognized as an AV® rated attorney by Martindale-Hubbell peer review
|
