Bonnie Diaz focuses her practice on tax planning and advisory services for middle-market corporations, limited liability companies, partnerships, not-for-profit institutions and individuals. She advises clients on a wide range of domestic and cross-border transactions, including entity mergers and acquisitions, tax-free corporate reorganizations and Section 351 transactions, and business and real estate joint ventures. Bonnie also assists nonprofit clients with obtaining and maintaining their federal tax-exempt status, and the treatment and minimization of unrelated business taxable income.
Bonnie is also experienced in handling a variety of federal and state tax controversies related to income and withholding tax issues, including representation of clients before the IRS and various other deferral and state tax tribunals, and the preparation of FBARs and IRS Forms 5471.
Further, she regularly advises on the various tax aspects of renewable energy projects – including structuring power purchase transactions, tax equity flips and lease arrangements – and helps her clients tap any related tax credits available to them.
Bonnie counsels clients with respect to all aspects of employee benefits under the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 (ERISA), including the design, administration, compliance and termination of qualified plans (401(k) and other pension plans) and employee welfare benefit plans (including cafeteria plans, group health plans and COBRA requirements), as well as on issues of ERISA fiduciary responsibilities, and benefits issues that arise in connection with merger and acquisition and joint venture transactions (including review of transaction documents, treatment of equity awards, Section 280G parachute payments, plan terminations and multi-employer plan withdrawal liability issues). She is also actively involved in structuring nonqualified deferred compensation arrangements and equity compensation plans (such as stock option plans, restricted stock plans and profit sharing/executive bonus agreements), and in negotiating and drafting employment and severance agreements.
Bonnie was recently published in Real Estate Weekly with an article discussing the newly-implemented Federal Opportunity Zone Program, and speaks regularly before investors, developers and fund managers on the topic. She was also published in the March 2017 issue of the German American Chamber of Commerce’s Legal & Tax Newsletter with an article titled, “Choices of U.S. Entities for Inbound Investors.” Additionally, she has written extensively on various aspects of the Internal Revenue Code Section 385 Earnings Stripping Regulations.
Bonnie received her LL.M. in Taxation from the New York University School of Law, and her J.D. from the Georgetown University Law Center, where she was the editor of and published in the Georgetown Journal on Poverty Law and Policy. She provides pro bono representation to undocumented children under the age of 18 in both the Family Court and before U.S. Immigration Authorities.