Lana Woodson

Overview

Lana has over 20 years of tax experience serving closely held and pass-through businesses, with a focus on complex partnership tax compliance, planning, and consulting. Her experience includes private equity-backed portfolio companies, real estate investment structures, operating partnerships, and multi-state partnership reporting.  Lana brings a practical, quality-focused approach to coordinating federal and multi- state compliance,  K-1 planning and investor reporting, and complex partnership tax matters. She also advises high-net-worth individuals and families on trust, estate, and gift tax matters. 

Technical experience

• Complex partnership tax compliance and consulting for pass-through entities, private equity funds, and real estate investment structures
• Target allocations, partnership capital account maintenance (PCAM), and tax basis capital reporting
• 704(b) substantial economic effect allocations, §704(c) methods, and reverse §704(c) allocations
• 754 election planning, basis step-up analysis, and transaction modeling
• Multi-state partnership compliance, PTE tax elections, composite returns, and nonresident withholding
• Operating agreement analysis and partnership waterfall interpretation
• Transaction planning, tax due diligence, and buyer/seller-side tax consulting
• K-1 planning, investor reporting, and coordination of complex partner reporting requirements

Education

In the community