Timothy Wallace

Tim Wallace is a Managing Director in the Private Client Services practice based in McLean, VA. He closely advises affluent families, founders, and entrepreneurs on complex tax matters. Tim has over thirteen years of experience, all at Andersen, advising individuals in the areas of income tax planning, closely held businesses, stock options, estate and gift planning, retirement planning, and charitable giving. Tim is also well-versed on the compliance side, servicing individuals, trusts, private foundations, and other entities.

Since moving to Washington D.C. in early 2016, Tim has specialized in advising entrepreneurs and investors with Qualified Small Business Stock planning at every stage, from company formation through exit.

Services provided on recent engagements include:

• Qualified Small Business Stock consulting, deal structuring, and exit analysis
• Retirement planning, including modeling for income and estate tax benefits of Roth IRA conversions
• Estate Administration
• Estate planning for elevated federal lifetime gift exemptions
• Net Operating Loss modeling and identification of carryback opportunities
• High Net Worth audit examinations
• Compliance for all components of complex family offices