Headshot of Mike Monaghan

Experience
I am a partner and firm-wide leader of Plante Moran's National Tax Office (NTO). The NTO is Plante Moran’s center of high-level, technical knowledge that provides consulting services on challenging tax issues, identifies innovative strategies to minimize tax, and monitors tax legislation and developing trends to help clients make the best tax decisions. I also lead the firm’s tax due diligence practice.

I have more than 25 years of specialty tax experience working in the transactions area. I specialize in handling the tax aspects of transactions and frequently plans the purchase, sale, formation, and restructuring of businesses, including liquidations, mergers, and acquisitions. I also regularly consult on transactional tax matters, such as analyzing the difference between asset sales and stock sales, purchase price allocations, transaction document issues, and transaction costs. I have worked extensively in the physical security, construction, and service industries. Finally, I speak frequently on emerging tax issues, mergers and acquisitions, and tax practice issues.

I have 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. Finally, I speak frequently on emerging tax issues, mergers and acquisitions, and tax practice issues.