Galina P. Petrova

Galina P. Petrova

also known as Allie Petrova

5.0
Rating: 10.0

Licensed for 13 years

Tax Lawyer at Greensboro, NC
Practice Areas: Tax, Mergers & Acquisitions, Contracts & Agreements, Limited Liability Company (LLC)

806 Green Valley Road, Suite 200, Greensboro, NC

About Galina

Biography

Practice Areas

4

Practice Areas

Tax 40%

I help clients with business tax planning. I structure tax-efficient deals for investors. I defend businesses in IRS audits and appeals, and negotiate offers in compromise, penalty abatements, payment plans, and payroll tax issues.

40%
Mergers and Acquisitions 30%

I help clients with sales and purchases of small and mid-size businesses and professional practices, as well as estate planning involving family-owned business entities.

30%
Contracts and Agreements 20%

I negotiate, structure, and draft contractual arrangements involving business partners, investors, employees, consultants, suppliers, clients, and distributors. I also prepare documents for high-tech, online, and software-driven businesses.

20%
Limited Liability Company (LLC) 10%

I help clients understand LLCs and plan proactively for favorable outcomes. I structure investments in LLCs, draft and review operating agreements, work with tiered LLC structures, and advise on the partnership tax aspects.

10%

Fees and Rates

Cost

Retainer

Always


Payment Methods

  • Cash
  • Check
  • Credit Card

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Licenses

Licensed in North Carolina for 10 years

State: North Carolina

Acquired: 2015

Active

No misconduct found

Licensed in New York for 13 years

State: New York

Acquired: 2013

Currently Registered

No misconduct found

Location

Petrova Law PLLC

806 Green Valley Road, Suite 200, Greensboro, NC, 27408

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Galina P. Petrova's Reviews

Avvo Review Score

5.0 /5.0

6 Client Reviews

5 star (6)
4 star (0)
3 star (0)
2 star (0)
1 star (0)

Posted by anonymous | September 17, 2024 | Hired Attorney

This review is from a person who hired this attorney.

Fantastic from start to end

I had a great experience with Ms. Petrova. She always knew how to approach things and the result exceeded my expectations. She was recommended to me by a friend and I am very grateful for her taking on my case.

Posted by Daniel | December 19, 2017 | Hired Attorney

This review is from a person who hired this attorney.

Solid business lawyer

This is one lawyer you definitely want in your corner when buying a business. Ms. Petrova took care of everything, explained things throughout the entire process and was very responsive. I was referred by my CPA.

Posted by Keenan | July 6, 2017 | Hired Attorney

This review is from a person who hired this attorney.

Outstanding Partnership

We had a situation that was very time sensitive and we needed a professional that knew what they were doing. Allie Petrova exceeded our expectations and went above and beyond in representing us to make sure we were structuring a business agreement that kept us safe and gave us confidence going into o...ur new endeavor. Petrova Law provided the veteran expertise and thoroughness that all businesses should seek when looking for legal counsel.

Posted by Bill | March 29, 2017 | Hired Attorney

This review is from a person who hired this attorney.

Extremely Knowledgeable

Allie worked on the Terms & Conditions and the Privacy Policy for my website. She is extremely knowledgeable about the law, a very detailed oriented person, very professional and provided excellent service

Posted by Dawn | March 29, 2017 | Hired Attorney

This review is from a person who hired this attorney.

Excellent

Ms. Petrova is an extremely capable and efficient attorney. Her work product was of the highest quality and enabled me to move forward quickly on an important matter and bring it to a favorable conclusion. In addition, Ms. Petrova was great to work with, she was always easily reachable, she provided ...helpful suggestions and did an excellent job of following up.

See All Client Reviews

Galina P. Petrova's Lawyer Endorsements

Endorse Galina
Andrew Kenneth Dickens headshot
Andrew Dickens

Unknown lawyer | May 26

Relationship: Fellow lawyer in community

"I am impressed with Ms. Petrova's thoughtful advice and answers to legal questions on Avvo. She has an in-depth understanding of the law and an ability to communicate legal concepts clearly and effectively. I endorse this lawyer!"

Marie Elizabeth Baskin headshot
Marie Baskin

Tax lawyer | Mar 20

Relationship: Fellow lawyer in community

"Galina is an intelligent, skilled and dedicated attorney. She is responsive and very knowledgeable in her field. I strongly recommend her services."

Justin Nathaniel Outling headshot
Justin Outling

Health care lawyer | Mar 13

Relationship: Fellow lawyer in community

"I endorse this lawyer."

Julio M Jimenez headshot
Julio Jimenez

Tax lawyer | Feb 08

Relationship: Supervised lawyer

"I endorse this lawyer. She is knowledgeable, dedicated and truly zealous! She worked for me for a year at the Dept of Treasury. Top remarks."

Ryan S Luft headshot
Ryan Luft

Tax lawyer | Nov 25

Relationship: Fellow lawyer in community

"Allie possesses a breadth of tax law experience that would be an asset to any business client with a thorny tax legal matter. She is thoughtful and analytical, and I wholeheartedly recommend her services."

View All Endorsements
Ryan S Luft headshot
Ryan Luft

Business lawyer

Experience

Rating:  10.0 (Superb)

Honors

2024

Taxation - Band 2, Chambers USA

2024

Tax Law, Super Lawyers

2024

Best Law Firms in America®, U.S. News

2024

Legal Elite 2024 - Tax/Estate Planning, Business North Carolina

2023

Best Law Firms in America®, U.S. News

2023

Legal Elite 2023 - Tax/Estate Planning, Business North Carolina

2023

Mergers & Acquisitions, Super Lawyers

2023

Tax, Tax Litigation, Business Organizations, Best Lawyers in America

2022

Legal Elite 2022 - Tax/Estate Planning, Business North Carolina

2022

Tax, Tax Litigation, Business Organizations, Best Lawyers in America®

2021

Tax, Tax Litigation, Business Organizations, Best Lawyers in America®

2021

Legal Elite 2021 - Tax/Estate Planning, Business North Carolina

2019

Rising Star 2019 - Mergers & Acquisitions, Super Lawyers Magazine

2019

Legal Elite 2019 - Tax/Estate Planning, Business North Carolina

2019

Legal Elite 2019 - Business Law, Business North Carolina

2018

Legal Elite 2018 - Tax/Estate Planning, Business North Carolina

2011

Pro Bono Pledge Award, Georgetown University Law Center

2010

Symposium Editor, Georgetown Law Journal of Legal Ethics

Work Experience

2016 - Present

Business and Tax Attorney, Petrova Law PLLC in Greensboro, NC

2014 - 2016

Business and Tax Attorney, Schell Bray in Greensboro, NC

2011 - 2014

Senior M&A Tax Consultant, Ernst & Young in New York, NY

2011 - 2011

Law Clerk, IRS Office Of Chief Counsel in Washington, D.C.

2010 - 2010

Tax Law Specialist, Office of the National Taxpayer Advocate in Washington, D.C.

2009 - 2009

Judicial Extern, Superior Court of the District of Columbia

2009 - 2009

Law Clerk, Van Bael & Bellis in Brussels, Belgium

2008 - 2008

Law Clerk, Lindahl (formerly Rydin Carlsten) in Stockholm, Sweden

2006 - 2007

Corporate Accountant, Energy Conversion Systems in Cary, NC

2004 - 2005

Cash Management Analyst, Jefferson Pilot Financial in Greensboro, NC

Associations

2021 - Present

Greensboro College

Board of Trustees

2016 - Present

North Carolina Bar Association, Tax Section

Chair, Membership Committee

2014 - Present

Greensboro Bar Association

Member

2012 - Present

New York State Bar Association

Member

2010 - Present

American Bar Association, Taxation Section

Closely Held Businesses Committee, Member

2022 - 2023

North Carolina Bar Association

Chair, Tax Section

2019 - 2021

American Bar Association, Section of Taxation

Chair, Closely Held Businesses Committee

2018 - 2020

Greensboro Bar Association

Board Member

2017 - 2019

North Carolina Bar Association, Tax Section

Tax Council Member

2017 - 2019

American Bar Association, Section of Taxation, Closely Held Businesses Committee

Vice Chair

2016 - 2019

Opportunity Greensboro Fellows Program

Mentor

2015 - 2016

North Carolina Bar Association, Tax Section

Newsletter Committee

2015 - 2020

Greernsboro College, School of Business

Advisory Council Member

Sample of Legal Cases

Sale of veterinary practice and office building for $2 million transaction value

Successful representation of selling doctor.

Reduced federal tax due, resulting in $121,187 refund from IRS

Successful IRS tax due reduction of $121,187 (refund).

Buy-out of senior doctor for $500k in two-doctor practice via seller financing

Successful representation of buy-in doctor.

NCDOR Sales and Use Tax Audit Defense

Successfully minimized sales and use tax assessed.

Settled IRS debt of $506,749 for $116,000

Successful IRS settlement.

Sale of business divisions

Successful representation of seller

Restructuring of S corporation

Successful representation of S corporation.

Sale of environmental corporation to strategic buyer for $8 million

Successful representation of seller

See More Legal Cases

Education

2011

Georgetown University Law Center

LL.M - Master of Laws

2010

Georgetown University Law Center

JD - Juris Doctor

2009

Pantheon-Sorbonne University (Paris I)

LL.M - Master of Laws

2003

Greensboro College

BS - Bachelor of Science

Speaking Engagements

2020

Tax Roundtable

Thinking Through Tax Strategies When Selling a Business

2020

National Webinar

The Road to PPP Forgiveness and Payroll Tax Relief under the CARES Act

2019

2019 May Meeting - Washington, D.C.

Section 197 and Personal Goodwill in Professional Practices

2019

2019 Joint Fall Meeting - San Francisco, California

Closely Held Businesses from Start to Finish — Part III — The End

2018

National Webinar

Understanding the New Guidance on Section 199A

2018

Joint Fall Meeting - Atlanta, Georgia

Section 199A: Update and Analysis

2018

2018 May Meeting - Washington, D.C.

Worker Classification – The States, IRS and DOL

2018

2018 Joint Fall Meeting - Atlanta, Georgia

Partnership Audit Rules: Update and Practical Considerations for Closely Held Businesses - Part II

2017

Protect Your Growing Business

Protect Your Growing Business

2017

Estate Planning in Divorce

Estate Planning

2017

Dental Associate Contracts: Connecting the Dots

Dental Associate Contracts

2017

2017 Joint Fall Meeting - Austin, Texas

Partnership Audit Rules: Update and Practical Considerations for Closely Held Businesses

2017

2017 Joint Fall Meeting - Austin, Texas

Practical Uses of Sales of Business Interests to Intentionally Defective Grantor Trusts and Grantor Retained Annuity Trusts for Closely-Held Business Owners

2011

U.S. Taxation of the Investment Income of Individuals

U.S. Taxation

2011

Eucotax Conference in Rome, Italy

U.S. Taxation of the Investment Income of Individuals

Publications

2020

Contributor, American Bar Association's Section of Taxation Comments on Specific Substantive and Procedural Provisions Impacted by the COVID-19 Emergency

2018

Worker Classification Best Practices and Remedies for Error: Options for Professional Practices The Practical Tax Lawyer (American Bar Association's Publication)

2016

Tax Assessments (North Carolina Bar Association's Publication) The New Partnership Tax Audit Regime: 20 Takeaways

2015

Tax Assessments (North Carolina Bar Association's Publication) State Corporate Income Tax: A Stance on the Sales Factor

2011

Georgetown Law, Transfer Pricing Seminar How to Approach Marketing Intangibles in a Business Restructuring of a U.S. Distributor

Languages

English

Activity

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