Brian Teaff has a multifaceted tax practice, advising clients in connection with tax-exempt financings and other business transactions in the public finance area, as well as counseling public charities and private foundations on a wide range of tax planning and compliance matters. In addition, Brian advises a variety of types of clients with respect to the “opportunity zone” provisions enacted under the Tax Cuts and Jobs Act of 2017.
In his public finance practice, Brian serves as tax counsel on governmental and conduit financings where he works with issuers and borrowers to structure the issuance of tax-advantaged obligations. His clients include various types of governmental entities, such as cities, counties, school districts, hospital districts, community colleges and state universities, and economic development corporations, as well as tax-exempt organizations and private companies who seek to lower their borrowing costs by accessing the tax-exempt bond market. Brian also assists issuers and borrowers with post-issuance compliance matters, such as managing private business use, taking remedial actions and reviewing and drafting management contracts. Additionally, Brian helps clients navigate the examination process in the event of an Internal Revenue Service audit.
In his tax-exempt organizations practice, Brian routinely advises hospitals and other health care organizations, colleges and universities, independent and parochial schools, religious organizations of all denominations, charter schools, museums, advocacy groups, grant-making foundations and other nonprofit organizations with respect to the myriad of tax and board governance issues they face on a daily basis. Brian also has experience representing domestic and foreign individuals with respect to their estate, business succession and philanthropic planning.