Munsch Hardt Kopf & Harr announced that a Cantey Hanger LLP partner and former Internal Revenue Service official has joined its Dallas office, bolstering the firm’s corporate and securities practice with his extensive background in the tax and business arenas.
Daniel Baucum, the former vice chairman of Cantey Hanger’s business, tax and estates section, joins Munsch Hardt as a shareholder after more than 35 years in the industry, advising clients in business and tax planning, the firm announced Friday.
As a client-centric attorney, Baucum told Law360 in a Tuesday email that the spirit at Munsch Hardt to practice law differently by partnering with clients is exciting.
“I want to assist my clients in reaching their business and wealth preservation goals,” he said. “An opportunity to work with such an accomplished group of business and tax lawyers, along with great lawyers in the other areas that my clients need from time to time, made the move too good to pass up.”
Before settling in Texas, Baucum spent nearly a decade working in Washington, D.C., in the public and private sectors. He first served as a special assistant in the IRS chief counsel’s office and then moved on to Coopers & Lybrand LLP, where he was director of the firm’s IRS practice.
In private practice, his practice revolves around representing entrepreneurs and their families in tax and business matters, as well as estate and succession planning. He also serves as a tax planner and litigator for clients as they navigate high-stakes audits, IRS appeals and court proceedings, according to Munsch Hardt.
Baucum said what he enjoys about working in the business and tax sphere is interacting with entrepreneurs of all stripes. His clients number among various industries, including oil and gas and medical practices.
“They always have a way of seeing and doing things differently,” he said. “Change for the better is good.”
The attorney has also served as business and tax counsel on numerous transactions and is a recognized expert in the tax and business aspects of pass-through entities, Munsch Hardt said.
Baucum works in both the profit and nonprofit arenas to help structure transactions for clients domestically and increasingly internationally, he said. Currently, he is working with a local nonprofit health organization and a New Markets Tax Credit development fund that is providing low-cost financing to build and operate a health clinic in a disadvantaged part of Dallas.
“It is particularly gratifying to be able to couple entrepreneurial business concepts with a good cause,” he said.
Before joining Cantey Hanger in 2013, Baucum spent nearly six years at Shackelford Melton & McKinley LLP. He has also taught classes at the Georgetown University Law Center and currently teaches at Southern Methodist University’s Dedman School of Law.
At his new firm, the attorney said he plans to focus on growing businesses and helping their owners with their tax, business and estate planning needs.
Baucum received his bachelor of business administration from Southern Methodist University in 1976, his law degree from the university’s Dedman School of Law in 1979 and his master of laws in taxation from the New York University School of Law in 1984.
By: Shayna Posses; editing by Christine Chun.