David Looby Bio

David concentrates his practice on representing individuals and privately-held companies in a wide range of matters including general tax planning for corporations, partnerships and individuals; estate planning; local, state and federal taxation; tax structuring of business transactions, tax controversy and litigation, probate administration and guardianship, federal and state civil litigation as well as other areas of general law. David received his Master of Laws in Taxation from the University of Florida. David has advised clients regarding corporate and general business matters, including choice of entity, reorganizations, dissolutions, advising clients as to the best structure in which to hold existing assets and the effects of tax planning with limited partnerships, corporations and limited liability companies. David also has extensive experience successfully representing individuals and businesses in audit examinations and tax disputes with the Internal Revenue Service and the Oklahoma Tax Commission as well as before the U.S. Tax Court and federal district courts. David has been lead trial counsel in federal litigation brought in the Western and Eastern Districts of Oklahoma. David has also argued before the Tenth Circuit Court of Civil Appeals and recently obtained a favorable ruling from the Court creating taxpayer due process protections against Internal Revenue Service overreach with respect to third party summonses. David's practice is also dedicated to family wealth and estate planning including the drafting of wills, trusts, advance directives and durable powers of attorney and has included the utilization of a number of sophisticated wealth transfer tax planning strategies, including intentionally defective grantor trusts, irrevocable life insurance trusts and charitable retained annuity trusts. David has also been involved in helping individuals and entities qualify for Oklahoma state tax credits and incentives