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Richard M. Colombik

Tax Attorney at Schaumburg, IL

4.6   9 reviews
  • Licensed for 43 years
    State IL
    Acquired 1980
    Status
    Active and Authorized to Practice Law Lawyer disciplined by state licensing authority in 1999

This lawyer was disciplined by a state licensing authority in 1999. See details

About Richard

Learn Richard’s areas of practice.

3
Practice areas
  1. Tax
    55%
    Ranked as one of the nation's top tax lawyers. Has published over 100 articles, chapters in books, appeared on radio, televsion and frequently lectures on taxation and tax issues. Rated by peers as a leading attorney in Taxation as well Business and Estate Planning. Former chairman of the Bar Associations Taxation Committe, Probate Committee as well as serving as the liaision to the National and Regional IRS Commissioner's.

    44 years, 14,000 cases

  2. Business
    25%
    Ranked by Peers as a Leading Lawyer in Business Law. Frequent lecturer and author. Buy Sell Agreements, entity selections, business purchases and sales, fringe benefit planning, Contractual agreements.

    44 years, 10,000 cases

  3. Estate planning
    20%
    Ranked by Peers as a Leading Attorney in Estate Planning, Taxation and Business Law. Frequent lecturer in Estates and Trusts. Noted author in estate planning and taxation, Probate as well as non probate areas. Living Trusts, onshore as well as offshore planning. Life insurance planning for trusts, as Mr. Colombik is also licensed as a Life Insurance Broker as well as a CPA

    44 years, 1,200 cases

I am both an Attorney and a Certified Public Accountant.  I maintain both licenses and have worked not only for the world's largest accounting firms, but also on the tax staff of one of the world's wealthies families.  I have charied Bar Association committies on Taxation, as well as Estate planning and Probate.  I am a sought after lecturer on taxation and have spoken before CPA socieities, Bar (Law) Associations and Professional groups, in variouls points of the country.  I have hosted radio shows on taxation and planning that were at one time syndicated in various parts of the US!

I have been interviewed by as far ranging shows as National Public Radio and also appeared in the National Law Journal in an article on who does the Nation's top tax lawyers tax returns!  I have also been publised well over 100 times and have written chapters in bokks on taxation as well as estate and entity planning.

Our expertise is in representing owners of closely held businesses for tax defense as well as tax planning.  We have fought the IRS, the Illinois Department of Revenue as well as cases in many states.  

We seek to do our best for each and every client and are honored to represent each and every client.

If you need help in business planning, income tax planning, estate planning or IRS defense, Call us!

thank you

 

Richard M. Colombik, JD, CPA

Location

Richard M. Colombik & Associates PC
1000 E. Woodfield road
Suite 233
Schaumburg, IL, 60173

Reviews

4.6 / 5.0
  9 customer reviews
5 Star
 
89%
4 Star
 
0%
3 Star
 
0%
2 Star
 
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1 Star
 
11%
Posted by anonymous | May 16, 2022
This review is from a person who hired this attorney.
| Hired Attorney
Brilliant legal and tax mind
I had a tax planning issue from stock options from my business. I was referred by my attorney to Mr. Colombik as he said, he is the guy. Well I was a bit skeptical as I was concerned about costs and taxes. Well Mr. Colombik showed me how I could plan my income to reduce my overall taxes and time the income by differing elections available to me. The practice was very busy especially around tax time, but he always got back to me and was very patient explaining complex concepts. I had to wait for him to return from some speaking engagements, but I guess he gets flown all over the country to speak to professional groups and taxation. Very professional and nice staff too!
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Posted by Viktor | April 9, 2016
This review is from a person who hired this attorney.
| Hired Attorney
Thank You Richard
Best Lawyer My Firm Ever Hired I own a small business and had asked other attorneys my firm has used for a reference. I was told that Richard Colombik is one of the finest, brightest and most well respected tax lawyers in the country. The referral sources were correct, He is the best! My money is on this guy every time. He does not back down from representing our interests and I would highly recommend him! Thank you Richard you are the best!
Read less
Posted by anonymous | January 11, 2016
This review is from a person who hired this attorney.
| Hired Attorney
Thank You Mr. Colombik
My family had an overwhelming tax problem. We had hired one of the TV places to solve our problem and they only took our money. I did not know where to turn as I did not want my friends to know the trouble I was in. I finally asked one of the well established people at my church and he referred me to Mr. Colombik. He fought the government for years and got them to reopen a case that my CPA had lost! Without Mr. Colombik and his great staff I do not know what I would have done. He is NOT the cheapest, but his is the best. You saved my life and my family. All I can say is Thank you
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Posted by Sarah | November 7, 2010
Best Tax Lawyer in the Country
Richards intelligence and experience is far greater than any other attorney I have dealt with in 20 years. His CPA and accounting background along with his experience in complicated business structures has been a value to my business.
Posted by Arnold | September 20, 2010
My Gratitude to Mr. Colombik
We had a serious business issue that could have left us penniless and the IRS was at our door as well. I saw an ad for Mr. Colombik and then asked our other professionals about him. They said he was the smartest attorney they knew and fights very hard for his clients, but was not the least expensive attorney either. I initially did not know if I could afford him, when the real question was how could I not afford him. He fought tooth and nail for me, my family and my business. Because of him we keep the wolves at bay and are still in business today! He saved my financial life.
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Posted by Viktor | December 13, 2009
Best Lawyer My Firm Ever Hired
I own a small business and had asked other attorneys my firm has used for a refernce. I was told that Richard Colombik is one of the finest, brightest and most well respected tax lawyers in the country. The referral sources were correct, He is the best! My money is on this guy every time. He does not back down from representing our interests and I would highly recommend him! Thank you richard you are the best!
Read less
Posted by anonymous | May 7, 2009
Excellent Lawyer
Hired Mr Colombik when I had a major and complex tax issue. He went over and abov e the call of duty. He is knowledgeable, brilliant and would hire him again if the needs arose.
Posted by anonymous | June 5, 2007
Mr.
A friend recommended Columbik when I needed competant legal help with a tax issue. He was able to communicate well with IRS and work out an agreement that was doable for me that saved my retirement possibilities. He also worked with me over the ten pay off years when I needed additional time to pay his legal fees. Recommend him highly! I think he is tops!
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Posted by anonymous | May 16, 2022
This review is from a person who hired this attorney.
| Hired Attorney
Not professional
This guy is the definition of not being a professional. Treats others as lower beings.
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Cost

Rates
  • Hourly Rates $ 425-500 per hour
  • Retainer Always
Payment methods
Cash, Check, Credit Card

Resume

AVVO RATING 7.5 (Very Good)

Professional misconduct

This lawyer was disciplined by a state licensing authority in 1999.

Suspension issued in IL, 1999
updated on 03/14/2010

Suspension means an attorney lost his or her license to practice law for a specific period of time. The attorney typically returns to practicing law when the suspension expires.

Work Experience

  • Senior Partner
  • Richard M. colombik & Assocaites PC
  • 1982 - Present
  • Tax Manager
  • Deloitte & Touche
  • 1980 - 1982
  • Tax Accountant for billionaire Family
  • Henry Crown & Co.
  • 1976 - 1978

Education

  • John Marshall Law School, Chicago
  • JD - Juris Doctor Cum Laude
  • 1980
  • University of Illinois, Urbana-Champaign
  • Certified Public Accountant
  • 1977
  • University of Colorado - Boulder
  • BS - Bachelor of Science
  • 1975

Associations

  • American Association of Attorney-Certified Public Accountants
  • Liasion to the Washington Office of the IRS
  • 1990 - 2007

Honors and Awards

  • 2002 Finalist Illinois
  • Ernst & Young
  • 2002
  • Governor
  • Northwest Suburban Bar Association
  • N/A
  • Distinguished Service Award
  • N/A
  • TAx Law
  • Leading Illinois Attorneys
  • N/A
View all awards

Publications

  • Illinois State Bar Association
  • Advantageous uses of LLC's
  • 2004
  • American Bar Association publication
  • Investing in Turbulent Times
  • 2002
  • Illinois State Bar Association
  • The Last Tax Shelter
  • 2002
  • Chicago Life Magazine
  • Asset Protection Planning
  • N/A
  • Talking to the Boss
  • Is there a free lunch
  • N/A
  • Illinois State Bar
  • Joint Income Tax Return after IRS Substitute Return
  • N/A
  • Experience Magazine
  • The Savvy Investor
  • N/A
  • American Association of Attorney CPA
  • Assett Protection that Really Works
  • N/A
  • Northwest Suburban Bar Association
  • Tax Brief Column
  • N/A
View all publications

Speaking Engagements

  • Income Tax Updates
  • Income Tax Updates
  • N/A
  • DuPage County Bar Association
  • Asset Protection Planning
  • N/A

Attorney endorsements

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Schaumburg Tax Lawyer Richard M. Colombik
Richard M. Colombik
Tax Attorney
Schaumburg, IL
Licensed for 43 years
This lawyer was disciplined by a state licensing authority in 1999. See details