Les' practice is concentrated on accounting methods, timing of revenue and expenses, valuation of inventories, and capital v. expense issues. Les is often recognized for his treatise, Federal Income Taxation of Inventories. Les has developed a reputation as the premier attorney in the U.S. in the field of tax accounting and inventories. He has represented over half of the companies in the Fortune 500, as well as most of the leading accounting firms. His work involves tax planning, providing consultations on specific problems, structuring transactions, and design and adoption of various types of inventory methods. He handles the full panoply of controversies from IRS examinations, to IRS Appeals, to litigation.
Office of Tax Legislative Counsel, U.S. Treasury Dept.
Special Assistant to Assistant Secretary (Tax Policy), U.S. Treasury Dept.
American Bar Association
DC Bar (Tax Section)
American Institute of Certified Public Accountants
FEDERAL INCOME TAXATION OF INVENTORIES (Thomson Reuters)
BNA Portfolio 75-3, Tax Accounting Problems of Contractors
Numerous articles in Journal of Taxation, The Tax Adviser, and other publications.
Born in Bronx, NY;
BS, University of Maryland (Magna Cum Laude, Phi Kappa Phi, Beta Alpha Psi);
JD Georgetown University Law Center;
Member of bars of DC and Maryland;