Timothy J. Canney
Timothy Canney concentrates his practice in the areas of tax and business law. He counsels public and private corporations, tax-exempt organizations, partnerships, and individuals on matters including:
- joint ventures;
- formation and operation of Subchapter S Corporations and Limited Liability Companies;
- private equity transactions, including business structuring and mergers and acquisitions;
- employment agreements;
- commercial lease agreements;
- business disputes;
- tax planning; and
- federal, state, and local tax controversies, including audits and administrative appeals.
Tim is also involved in the firm’s estate planning, estate administration, and trust and estates litigation practices, and is also called upon to advise individual clients regarding undeclared foreign assets and bank accounts, including “FBAR” reporting obligations and the IRS Offshore Voluntary Disclosure Program.
Mr. Canney has written about and presented on a wide array of topics including issues relating to employee mis-classification, tax planning surrounding settlement of litigation, and administrative changes to the IRS appeals procedures. Tim is the author of “Tax Gross-Ups: A Practical Guide to Arguing and Calculating Awards for Adverse Tax Consequences in Discrimination Suits,” which appeared in the Catholic University Law Review and for which Tim received the 2011 Distinguished Writing Award in Law from the prestigious Burton Awards for Legal Achievement. Mr. Canney’s publication was quoted by the U.S. Court of Federal Claims in VanDesande v. United States, 2017 U.S. Claims LEXIS 133 (Fed. Cl. Feb. 24, 2017). Mr. Canney has received an AV-Preeminent rating from Martindale-Hubbell, has been named by Super Lawyers as a “Rising Star” in the District of Columbia since 2012, and has acheived a 10.0 rating by AVVO.
Mr. Canney attended the Catholic University of America’s Columbus School of Law. While attending law school, Tim served as Note & Comment Editor of the Catholic University Law Review. Mr. Canney also earned a Master of Laws (LL.M.) in Taxation and a Certificate in International Tax from the Georgetown University Law Center.