Ross Keogh is a shareholder in the firm’s rapidly growing Missoula, Montana office. His practice focuses on helping clients create and manage tax-efficient business structures and capital syndication, particularly in the context of start-ups, real estate and the Opportunity Zone incentive.
Capabilities
Biography
Ross Keogh leads the firm’s tax practice. His team counsels clients on complex tax and economic structuring and the monetization and transfer of tax credits under the Inflation Reduction Act. His team is known for their structuring charts which allow for immediate alignment on tax and economic implications of the deal, allowing for transactions to close at the speed of business.
Ross is a leading expert on a variety of tax incentives, including the Opportunity Zones Tax Provision (section 1400Z-2), Section 45V the Hydrogen Production Tax Credit, Section 170(f) dealing with the donation of conservation easements, and Section 468B providing for Qualified Settlement Funds. Ross provides advice to clients in tax planning and deal structuring around the creation, sale or purchase of businesses or real property and the management of litigation proceeds and settlements. His experience as an economist and attorney enables him to directly and dynamically advise clients on the tax and business implications of transactions and to tax-efficiently structure their capital stack. Ross leads Parsons’ tax team in routinely advising clients on securing gain exclusion or deferral under the tax code, including Section 1202 the qualified small business stock exclusion (QSBS), Section 1400Z-2, Section 1031—providing deferral for exchanges of real property, and the provisions allowing for tax-free capitalization of partnerships and corporations such as Section 721, Section 351 and Section 368.
Experience
Hydrogen Production Tax Credit
Advising LADWP on the monetization of the 45V hydrogen production tax credit and the Section 48 investment tax credit associated with the development of the ACES Project in Delta, Utah, the world’s first integrated green hydrogen production, storage and combustion facility.
Private Equity Transaction
Ross was the lead tax architect in the simultaneous roll up of over 60 dental support organizations in reliance on Section 721 as part of the recapitalization of Salt Lake City based dental support organization.
Real Estate Syndication and Capitalization
Counsel for multiple developers in capital syndication and associated real estate acquisitions.
Accomplishments
Academic
University of Montana School of Law (Juris Doctorate, 2014, with Honors)
Honors: Jessup Moot Court Team, Member
Honors: Recipient of the Margery Hunter Brown Assistantship
Law Review: Public Lands and Resources Law Review, Editor
University of Montana, Master of Economics degree
Thesis: "Market Power and Regulatory Failures in the Montana Wholesale Electricity Market"
Vassar College, Bachelor of Arts degree
Wyoming High School Debate Champion
Associations
Professional
State Bar of Montana
American Bar Association - Section of Taxation
Insights
Presentation
Montana Water Court Adjudication in the Clark Fork Division
Article
Tax Planning in the Context of the Election
Presentation
Decoding the Corporate Transparency Act: Lessons From the First Months of Implementation
News
Scott Street-Ravara Project Receives Final Approval from City Council: Provides New Affordable Housing in Missoula
Articles
Tax Planning in the Context of the Election
How the new entity registration requirements under the Corporate Transparency Act will affect your business in 2024
An Early Christmas Present from the IRS
New Entity Registration Requirements Under the Corporate Transparency Act
Beneficial Ownership Reporting – Start your engines!
SALT Workarounds Come to Most of the Intermountain Region in 2023
Montana Court Rules the State Can't Ignore Climate Change in Project Permitting
A “Dirty” Phase I Now Increases Clean Energy Credits Available Under the Inflation Reduction Act for Small Projects
Happy Tax Day. Now for some corporate spring cleaning ahead of 2024
Implications of the Inflation Reduction Act for the Natural Resource Sector: How Resulting Tax Incentives and Fees Could Affect Your Business
Superfund Chemical Excise Taxes Restored and Expanded by Jobs Act
Tax Traps for Start-Ups with No Income
Presentations
Montana Water Court Adjudication in the Clark Fork Division
Decoding the Corporate Transparency Act: Lessons From the First Months of Implementation
Webinar: What is the Corporate Transparency Act – and how will it Affect my Business?
U.S. Mining Law 2023 Short Course
Ranches, Farms and Agribusiness in Montana and Beyond
The Corporate Transparency Act
Inflation Reduction Act - Broad Observations
Credentials
Licensed
Montana
U.S. Dist. Court, Dist. of Montana
U.S. Tax Court
Wyoming
U.S. Dist. Court, Dist. of Wyoming
Utah
North Dakota
Education
University of Montana School of Law
