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Kacie Marie Czapla

Kacie Marie Czapla

TLC Law, PLLC
  • Tax Law, Business Law, Bankruptcy ...
  • Eastern District of Texas, Texas
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Biography


I am a tax attorney and CPA with a varied work experience. I spent multiple years working for PricewaterhouseCoopers in Houston in Mergers and Acquisitions. I also spent a couple of years teaching tax accounting at SFA; I still teach part-time at TJC. Although I no longer represent the Exxons of the world, my attention to detail and knowledge of the Internal Revenue Code is substantial. In my current practice, I focus on tax and business planning, estate planning, bankruptcy, and property issues in divorce.

I was raised in North Louisiana, but as a graduate of White Oak High School, I have East Texas roots. I graduated from the University of North Texas with a degree in economics, then attended the University of Wyoming for law school. People always ask me, "How did you end up in the North Pole?" Short story really--I worked for a Senate Committee and the Chairman, Mike Enzi was from Wyoming. Meeting him and so many other Wyoming staffers (including my husband) convinced me to enroll at UW. Immediately after graduation, I obtained a Masters in Tax Law from the most prestigious and recognized tax school in the country--the University of Florida. Although I was born into a family of Tigers, I became a Gator!

Education
University of Florida
LL.M. | Taxation
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Honors: Book Award in Advanced International Tax
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University of Wyoming College of Law
J.D.
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Honors: Book Award in Mining Law and Oil and Gas Law; Scholarship Recipient;
University of Wyoming College of Law Logo
University of North Texas at Dallas College of Law
B.A. | Economics
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Honors: Scholarship Recipient
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Professional Experience
Adjunct Professor
Tyler Junior College
- Current
Member
TLC Law, PLLC
- Current
Senior Lecturer/ Professional in residence
Stephen F Austin State University
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Adjunct Professor
UT Tyler
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Associate Attorney
Gardner Firm PLLC
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Tax Senior
PricewaterhouseCoopers LLP
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Risk Analyst
Bank of America
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Intern
US Senate Committee on Health Education Labor and Pensions
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Publications
Articles & Publications
Involuntary Conversion of a Principal Residence
The Tax Adviser
Speaking Engagements
Consolidated Returns
PricewaterhouseCoopers
CLE and CPE
Basics of the Foreign Tax Credit
PricewaterhouseCoopers
CLE and CPE
Choice of Entity from a Tax Perspective
Smith County Bar Association
CLE
Certifications
Certified Public Accountant
Texas Board of Accountancy
Awards
Leadership Academy graduate
State Bar of Texas Tax Section
Professional Associations
Tax Section State Bar of Texas
Current
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State Bar of Texas  # 24078391
- Current
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Jurisdictions Admitted to Practice
Eastern District of Texas
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Texas
State Bar of Texas
ID Number: 24078391
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US Tax Court
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Fees
  • Free Consultation
  • Rates, Retainers and Additional Information
    Call for details
Practice Areas
    Tax Law
    Business Taxes, Criminal Tax Litigation, Estate Tax Planning, Income Taxes, International Taxes, Payroll Taxes, Property Taxes, Sales Taxes, Tax Appeals, Tax Audits, Tax Planning
    Business Law
    Business Contracts, Business Dissolution, Business Finance, Business Formation, Business Litigation, Franchising, Mergers & Acquisitions, Partnership & Shareholder Disputes
    Bankruptcy
    Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debt Relief
    Estate Planning
    Guardianship & Conservatorship Estate Administration, Health Care Directives, Trusts, Wills
    Probate
    Probate Administration, Probate Litigation, Will Contests
Languages
  • English
Legal Answers
Q. My parents gifted my wife and I, a house, would I need a form 709, real estate attorney and/or CPA, or all of them?
A: Your parents (the giftor) should file a gift tax return because the amount of the gift exceeds the exemption. The exemption is set at $15,000 per person. If your parents (two giftors) choose to gift split, and the gift is given to you and your wife, this allows for a $60,000 exemption ($15,000 times 4). If the value of the gift exceeds $60,000 your father will file a gift tax return. He may or may not pay gift tax depending on how many gifts he has made in the past. Your tax return will not be affected by the gift. However you will report a capital gain from the sale of your house (likely exempt from tax as well under Section 121). Your father should hire a CPA to prepare the gift tax return.
Q. Father is providing $250K cash to help purchase land. Will this fall under Lifetime Credit Tax Exp or will he be taxed?
A: Short answer is yes he must file a gift tax return. However, there is a lifetime exemption amount of $11,700,000 per person. That means that your father can gift up to $11,700,000 tax free during and after his life via gifts and his estate. The lease does not matter. It is still a gift if you are transferring ownership. Note that he must file a gift tax return because his gift is greater than the personal exemption of $15,000 ($30,000 in your case because the gift is made to you and your wife).
Q. I co-own a property in Massachusetts. The other owner is buying me out. Are there tax issues I should be aware of?
A: If the property is used as a personal residence you may be able to exclude part of the gain under Section 121.
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Websites & Blogs
Website
TLC Law, PLLC Website
Blog
TLC Law, PLLC Blog
Contact & Map
TLC Law, PLLC
202 W Erwin St
Suite 200
Tyler, TX 75702
Telephone: (903) 871-1714
Monday: 8 AM - 5 PM
Tuesday: 8 AM - 5 PM
Wednesday: 8 AM - 5 PM
Thursday: 8 AM - 5 PM (Today)
Friday: 8 AM - 5 PM
Saturday: Closed
Sunday: Closed