Law Offices of Dermot F Kennedy

Specialties

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

History

Established in 1991.

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

Meet the Business Owner

Dermot K.

Business Owner

Dermot F. Kennedy, Esquire — Mr. Kennedy was an attorney with the Office of Chief Counsel, Internal Revenue Service, from 1982 to 1986. There, he litigated tax cases for the IRS; advised its agents on the administration of the tax code; and spoke to professional groups on tax matters. From 1986 to 1991, Mr. Kennedy served as a member, then head of the Tax Department, at the firm of Curtin and Heefner. In 1991 Mr. Kennedy formed his own law firm. His law practice is focused on Federal and State tax matters pertaining to the financing of affordable multi-​family housing developments for seniors, families, disabled and single family home ownership, rental programs. Mr. Kennedy has provided legal assistance in over seventy (70) affordable housing projects, ranging from Long Island New York to St. Thomas in the U.S.V.I. financed from a combination of public and private sector funds including Low Income Housing Tax Credits, Private Activity Tax-​Exempt Bonds, Capital Funds, Federal Home Lo