The Law Offices of Dermot F. Kennedy
, which has a regional practice throughout the Delaware Valley and beyond, has developed a reputation for excellence and integrity in the tax community. The firm focuses its practice in the area of federal and state civil
and criminal tax litigation
, tax controversies, and tax disputes with federal, state, and local taxing authorities, formation and representation of tax-exempt organizations, and arranging Like-Kind exchanges. In addition, since its enactment in 1986 the firm has developed a concentration in Low-Income Housing Tax Credits by representing profit and non-profit developers of low-income housing, as well as equity lenders and investors. This practice area, which the firm engages in throughout the east coast, uses tax credits under both Sections 42 and 142(d) of the Internal Revenue Code by assisting in preparing applications for tax credits and loans from governmental entities, drafting, and negotiating all of the transactional documents, including: partnership agreements, financing documents, and various ancillary documents detailing the construction and investment agreements together with providing opinions required by investors, lenders, and allocating agencies with respect to all aspects of the project.