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

Loeb & Loeb LLP‘s market leading non-profits practice is considered by many, the ‘go-to’ for all tax-exempt organisations work, and is able to leverage its wider firm capabilities across trusts and estates, litigation, and financings, to provide the full-service. Housed in New York, the group is skilled in the full range of complex regulatory matters and federal audits including IRS audits and internal investigations. In Los Angeles, practice head Leah Bishop is the name for tax planning matters, with strength across the real estate, manufacturing, and entertainment industries. She is supported by Stuart Tobisman who handles estate planning for individuals. On the east coast, co-heads Jason Lilien in New York and Diara Holmes in Washington DC advise large public charities and private foundations on corporate governance and transactional mandates. The wider team also includes Marcus Owens who specialises in complex audits, having previously being based at the Internal Revenue Service.