Partner Michael Burwick Joins Armstrong Teasdale
Armstrong Teasdale announces the addition of Partner Michael Burwick to the firm. Burwick has nearly 30 years of experience as a tax, corporate and securities lawyer, focusing on tax deferral, mitigation and minimization. He joins a roster of more than 700 lawyers and staff professionals across Armstrong Teasdale’s 16 offices internationally, and will serve clients across the country from the firm’s offices in Boston, Miami, New York and Washington, D.C.
He has developed and successfully implemented numerous tax strategies taken directly from heretofore sparsely used sections of the Internal Revenue Code (IRC). In employing these strategies, Burwick has helped businesses of all sizes, ranging from several million dollars to several hundred million dollars in annual revenue, as well as high-net-worth individuals, families and trusts, navigate the timing and payment of both capital gains and ordinary income taxes. He consistently saves his clients a great deal of money and helps them put capital that would have otherwise been paid in the form of taxes at the time of sale to work for them.
“Michael is a consummate professional and consistently identifies opportunities to serve his clients in the tax realm,” said Partner and Leader – Eastern U.S. Richard Scheff. “His background in psychology and sociology helps him better understand his clients and their businesses, and work in collaboration as a true extension of their organization.”
Burwick serves clients across many different industry sectors. In the sports, media and entertainment area, he collaborates with professional sports agents and advisors in working with athletes on tax minimization and deferral, often with respect to their outside businesses and investments that were acquired from their career earnings and endorsement income.
With a plethora of clients from the agricultural sector, Burwick focuses on harnessing the power of specific provisions in the IRC that provide tremendous, but rarely used, tax benefits. These agricultural subcategories include timber, livestock, fisheries, nurseries and many other businesses that fall within the broad IRC definition of agriculture.