Plante Moran PLLC
Auburn Hills,
Michigan
Michael P. Monaghan is a partner and leader of the firm’s National Tax Office (NTO). The NTO provides consulting services on challenging tax issues, identifies strategies to minimize tax, and monitors tax legislation and developing trends to help clients make the best decisions. He also leads the firm’s tax due diligence practice. Mr. Monaghan has more than 25 years of specialty tax experience working in the transactions area. He specializes in handling the tax aspects of transactions and frequently plans the purchase, sale, formation, and restructuring of businesses, including liquidations, mergers, and acquisitions. He also regularly consults on transactional tax matters, such as analyzing the difference between asset sales and stock sales, purchase price allocations, transaction document issues, and transaction costs. Mr. Monaghan has worked extensively with distressed companies and loss companies, including transactions involving recapitalizations of debt and equity structures, ownership changes, and taxable sale and purchase transactions. These transactions have often included issues related to managing the implications of cancellation of indebtedness income and maximizing the utilization of tax attributes such as net operating losses. Mr. Monaghan is a frequent speaker on emerging tax issues, mergers and acquisitions, and tax practice issues.
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