Ms Diara Holmes > Loeb & Loeb LLP > Washington DC, United States > Lawyer Profile

Loeb & Loeb LLP
901 NEW YORK AVENUE NW
SUITE 300 EAST
WASHINGTON, DC 20001
United States
Diara Holmes photo

Work Department

Nonprofits & Tax-Exempt Organizations

Position

Partner and Co-Chair, Nonprofits & Tax Exempt Organizations; Co-Chair, Loeb & Loeb’s Attorneys of Color and Ethnic Diversity Affinity Group

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.

Diara 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.

Education

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

Lawyer Rankings

United States > Tax > Not-for-profit (nonprofit and tax exempt organizations)

(Next Generation Partners)

Diara HolmesLoeb & Loeb LLP

The tax-exempt practice at Loeb & Loeb LLP remains the market leader for non-profit work and provides a full-service offering across litigation, trusts and estates and corporate law. Led primarily out of New York, the team has demonstrable strength in federal audits, including the IRS and internal investigations, complex regulatory matters and compliance. On the West Coast, Los Angeles-based practice head Leah Bishop focuses on tax planning and complex charitable gift agreements for donors. She holds several key clients in the real estate and entertainment industry and is supported by Stuart Tobisman who handles estate planning. The team also excels in transactional work and handles corporate restructurings and partnership matters. In New York, co-chair Jason Lilien advises clients on corporate governance and regulatory enforcement actions whilst Diara Holmes in Washington DC has deep expertise advising large public charities and private foundations. Also in DC, Marcus Owens remains a preeminent practitioner in the group.