Justin K. Abodalo

Profile

Justin K. Abodalo leverages more than five years of taxation experience to analyze circumstances wholistically, transforming tax issues into potential opportunities to use as negotiation leverage to drive deals forward. Over the course of his career, he has collaborated with and worked alongside some of the tax industry’s leading experts and scholars, learning from their expertise in order to forge his own.

Corporate and Tax Law

Justin counsels clients on corporate tax planning and other transactional issues, including the structuring of

• Mergers
• Acquisitions, Tax-free or deferred exchanges
• Financing
• Entity formation
• Liquidations
• Divestitures

In addition, he assists clients who either want to expand their global footprint – by advising them on tax regimes and treaties of new countries in which they want to begin business – or in-bound clients who want to start operating domestically in the U.S.

Other services Justin offers clients include:

• Conducting accurate risk assessments and counseling on various tax matters
• Analyzing tax assets, tax risks and contingencies to drive successful outcomes across mergers and acquisitions
• Developing strategies that increase the value and facilitate timely execution of deals
• Working with clients on tax structuring, restructuring and due diligence matters
• Clearly explaining the consequences of new and updated federal and state laws

Justin is proficient in creating financial modeling to determine optimal tax treatment for client profiles and proposed taxations – including, but not limited to, the unified loss rules, qualified insurance companies, partnership versus corporation formation, and whether to purchase the assets or stock of a target entity – and conducting extensive basis and E&P studies of clients and targets that span years.

Prior Experience

Before joining McNees, Justin worked for two Big Four CPA firms where, among other projects, he engaged in complex legal tax research to advise clients on the Tax Cuts and Jobs Act, CARES Act, American Rescue Plan, Build Back Better Act, Infrastructure Investments and Jobs Act, and other statutes. Additionally, he orchestrated engagements by coordinating with foreign tax teams, financial due diligence and teams of other tax disciplines to meet client deadlines and expectations.

Justin also worked for a Pennsylvania law firm based in the Lehigh Valley region and was a judicial intern for U.S. Tax Court Judge Elizabeth Crewson Paris.