Tax Experience
Ernest has experience advising rodeo clients on various issues including;
- federal, state and local tax preparation and planning for individuals, partnerships and corporations;
- corporate reorganizations, mergers, acquisitions, spin-offs, leveraged buyouts and workout and bankruptcy matters;
- representation of clients before the IRS in both informal Q&A and comprehensive audits;
- drafting and negotiating payment arrangements and Offer in Compromise Agreements;
- entity formation, entity classification and basis adjustment elections;
- tax-efficient acquisition and disposal structures for both vendors and purchasers;
- tax and legal due diligence at both the bidding stage and at the preferred bidder stage;
- tax efficient pre-sale and post-sale reorganizations;
- real estate tax issues, including REITs and like-kind exchanges.
Education
Penn State University, Dickinson School of Law, J.D.
Studied International and Comparative Legal and Tax Systems at the University of London, Institute for Advanced Legal Studies
University of Hawaii at Manoa, B.A.
Studied Political Science, History and Religion
Graduated in three years with a degree in Political Science
Military Service
US ARMY, Fort Benning, GA
192nd Infantry Brigade
Schofield Barracks, HI
25th Infantry Division
Medically Retired, 1993
Professional Licenses
Pennsylvania State Bar 2003
New Jersey State Bar 2003
U.S. District Court, NJ 2003
Memberships
American Bar Association - Section of Taxation
Federal Bar Association - Section on Taxation
American Institute of Certified Public Accountants
International Bar Association
Professional Rodeo Cowboys Association
International Professional Rodeo Association
Professional Cowboy Association
Southern Rodeo Association
National Rifle Association
American Quarter Horse Association
