Todd Welty, P.C. is a partner in the law firm of McDermott Will & Emery LLP and is based in the Firm’s Dallas office. Todd is Co-Chair of McDermott’s Tax Controversy Practice.
In 2014, Law360 named McDermott as the “Tax Law Firm of the Year,” and U.S. News & Best Lawyers named McDermott “Tax Litigation Firm of the Year.” Likewise in 2014, Law360 named Todd Welty a “Tax MVP” and the International Tax Review named the tax controversy practice he led at another global law firm – and which moved to McDermott with Todd in early 2015 – as “North American Tax Disputes Firm of the Year.”
Todd’s practice is both national and international in scope. Approximately 95 percent of his professional time is spent on tax controversy and litigation. He represents a broad range of clients including Fortune 100 companies, large non-U.S. multinational companies, closely-held businesses, ultra high-net-worth individuals and tax advisors—whether they be lawyers or certified public accountants.
Todd has extensive experience in resolving civil tax matters at all stages of a tax dispute, including Internal Revenue Service (IRS) examinations, fast-track appeals, administrative appeals, post-appeals mediation and, if necessary, litigation in the U.S. Tax Court, the U.S. Court of Federal Claims and U.S. district courts.
In addition, Todd has represented numerous clients in proceedings involving IRS administrative criminal investigations, grand jury investigations, malpractice claims and indemnity claims.
In many of these cases, he successfully navigated these investigations so that his clients’ exposure to penalties and criminal prosecution was eliminated or significantly reduced. The vast majority of Todd’s cases are resolved administratively and without becoming public. In fact, the best tax defense is one that eliminates or significantly reduces exposure before the IRS proposes a deficiency. Nonetheless, litigation is sometimes necessary. A seasoned trial lawyer, Todd has tried major cases to verdict. In fact, Todd has been intimately involved in the litigation of several of the largest civil and criminal tax cases ever brought in the United States.