James has more than 20 years of experience in the area of taxation including tax compliance reporting and planning, consulting and litigation support, with particular emphasis in trucking, oil and gas, and manufacturing companies, as well as working with high net worth families, trusts, organizations with multi-state filings and pass-through entities. He takes a proactive, strategic and cost-effective tax planning approach to advise his clients. He has developed considerable expertise in the area of oil and gas taxation in both upstream and downstream activities that have unusual and challenging tax aspects. He has helped his clients navigate the taxation of natural resources which is a very complicated area of the U.S. Federal income tax systems from the acquisition of mineral interest property, intangible drilling and development costs, and determining the allowable depletion deduction (cost or percentage) on a property by property computation.
In addition, he advises clients about tax planning for like-kind exchanges, partnership and real estate transactions, and helps structure clients’ business operations in a tax-efficient manner. James assists clients in reducing their effective tax rate and minimizing tax liabilities. He also focuses on integrated tax and succession planning for closely-held businesses and their owners.
He joined HoganTaylor’s predecessor firm, Hogan & Slovacek, in 2006 as a senior tax staff. Currently, he is the partner-in-charge of the tax department practice in the Oklahoma City office.
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