Washington, DC. Nixon Peabody LLP is expanding its Community Development Finance practice with the addition of partner Nicholas J. Anderson, who advises clients on federal and state tax credit transactions as well as more traditional tax matters.
Based in the firm’s Washington, DC office, Nick provides tax counsel to business entities, real estate developers, nonprofit organizations, lenders, and investors to efficiently structure and close business, finance, and real estate deals. With a deep understanding of tax credit transactions, he helps clients take advantage of opportunities, including some of the most complex incentives and programs.
Nick’s practice ranges from general corporate matters to traditional federal and state corporate tax matters, including mergers and acquisitions, business formations, tax credit transactions, and bond finance. In particular, he works with clients on federal and state tax credits, including new markets tax credits (NMTC), low-income housing tax credits (LIHTC), historic rehabilitation tax credits (HTC), opportunity zones, renewable energy tax credits, and industrial recovery (DINO) tax credits.
“Nick possesses a valuable combination of pure partnership tax experience and a deep knowledge of tax credit transactions,” said Nixon Peabody partner Matthew Mullen, leader of the firm’s Community Development Finance practice. “His combined focus on client service, effective communication, and collaboration makes Nick a strong fit for our firm’s culture. We’re excited to welcome him to our practice.”
Nick also assists nonprofit organizations in receiving their tax-exempt status and advises them on governance and compliance matters. In addition, his experience in general business tax matters includes a notable focus on partnerships and other pass-through organizations.
“Not only has Nick worked with several of our DC attorneys in the past, he also has a track record of keeping up to speed on emerging tax issues, and he focuses on the positive impact his work has on the community,” said Colette Dafoe, managing partner of the firm’s Washington, DC office. “All of these factors will enable Nick to hit the ground running at Nixon Peabody.”
Nick earned his J.D. from the Syracuse University College of Law, his LL.M. in Taxation from the University of Denver Graduate Tax Program, and his B.A. from the University of Iowa. He is an at-large member of the Indiana State Bar Association Tax Section Executive Council, associate editor for the ABA’s Journal of Affordable Housing and Community Development Law, and a fellow of the American Bar Foundation.
