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Loeb & Loeb LLP

901 NEW YORK AVENUE NW, SUITE 300 EAST, WASHINGTON, DC 20001, USA
Tel:
Work +202 618 5000
Fax:
Fax +202 618 5001
Email:
Web:
http://www.loeb.com

Diara Holmes

Tel:
Work 202.618.5012
Email:
Loeb & Loeb LLP

Work Department

Nonprofits and Tax-Exempt Organizations

Position

Partner

Career

Diara M. Holmes serves as co-chair of the firm's Tax-Exempt Organizations Practice. She counsels tax-exempt organizations, including large public charities; colleges, universities and other higher education organizations; foreign charities and their U.S. affiliates; associations; government instrumentalities; social welfare organizations; and religious organizations on a broad range of tax compliance and governance issues.

She advises non-profit and for-profit organizations on structuring a variety of transactions—including joint ventures, corporate sponsorships, merchandising, cause-related marketing, and other revenue generating strategies. In addition, she works with high-net-worth individuals and families to establish family foundations and donor-advised funds.

Ms. Holmes has represented numerous organizations before the IRS—navigating complex audits involving an array of issues (e.g., executive compensation, unrelated business tax, and political campaign intervention); seeking private letter rulings regarding proposed transactions, requesting determination letters regarding public charity classification, applying for exempt status, and seeking reinstatement of exempt status following auto-revocation.

Ms. Holmes is a frequent speaker at national professional conferences on exempt organizations issues and she co-chairs the ABA Tax Section’s EO Subcommittee on Audits and Appeals. She also serves on the board of directors of the Washington Area Women’s Foundation.

Education

Harvard Law School, J.D., 1998, cum laude
Harvard University’s John F. Kennedy School of Government, M.P.P., 1994
University of Pennsylvania, B.A., 1992


United States: Finance

Not-for-profit (nonprofit and tax exempt organizations)

Within: Not-for-profit (nonprofit and tax exempt organizations)

Loeb & Loeb LLP’s nonprofits and tax-exempt organizations (TEOs) practice handles a broad spectrum of not-for-profit matters, including program-related investments (PRIs), corporate governance, fundraising, mergers, charitable giving, Internal Revenue Service (IRS) audits and investigations, public financing and tax compliance. The team is also recommended for its experience in assisting clients with setting up for-profit subsidiaries. The practice is co-chaired by Washington DC-based Diara Holmes and New York-based Jason Lilien. Holmes and Marcus Owens, who is also based in Washington DC, are well known for their expertise in tax matters. Names to note also include New York-based Eliot Green and Los Angeles-based Leah Bishop. In August 2017, of counsel Preston Quesenberry left to join KPMG as managing director in the firm’s exempt organizations tax group.

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