Eric M. McLimore

Partner

Education

  • Northwestern Pritzker School of Law (J.D., 2008)
  • Claremont McKenna College (B.A., 2003), cum laude

Related Services

Legal 500 Recommended Attorney

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Eric is a tax attorney and certified public accountant who advises a wide range of for-profit and tax-exempt clients on all phases of complex tax matters including international, federal, state and local tax planning, transactional and controversy matters. He focuses on tax issues concerning income, sales and use and employment taxes arising from business formations and reorganizations, mergers and acquisitions, financings, joint ventures and other business transactions. He also represents individuals with personal tax and residency matters and advises not-for-profit organizations on formation, operations and governance and tax compliance matters.

Eric regularly provides strategic advice on entity selection and business formation issues. He reviews formation, merger and sale and joint venture documents for a broad range of entities and advises on equity and debt financings for start-up and venture-stage businesses. In addition, he advises high net worth individuals, businesses, nonprofit entities and family offices regarding strategies and issues related to the formation, operation and governance of exempt organizations and charitable foundations. 

Eric also represents clients in administrative matters and disputes with the Internal Revenue Service and state tax authorities. He has obtained IRS rulings and determinations regarding grants to and from tax-exempt organizations, high-technology industry cost-sharing arrangements and gain nonrecognition provisions in the energy sector. He also has represented high net worth individuals, estates and closely held and public companies in tax disputes concerning tax residency and domicile, estate valuations, transfer pricing and Subpart F income, equity compensation, restructuring and deductibility versus capitalization of expenses.

Before his legal career, Eric worked as an auditor at a Big Four accounting firm. His accounting and related business experience has helped him build a comprehensive understanding of the taxation and business issues critical to his clients’ success. In a common-sense and cost-efficient manner, Eric helps clients understand and feel comfortable with complex tax and business concerns.

  • Assisted in trial preparation for a transfer pricing case in U.S. Tax Court involving a Fortune 500 medical device company.
  • Assisted in writing protest briefs to the IRS regarding the deductibility versus capitalization of settlement expenses.
  • Assisted in a private letter ruling request to the Chief Counsel of the IRS related to the deferral of gain on payments received for property involuntarily converted through eminent domain.
  • Assisted in federal and state audits of individuals’ residency for income tax purposes.
  • The Best Lawyers in America: Ones to Watch, recommended in “Litigation and Controversy - Tax” since 2024
  • The Legal 500 United States, recommended in “Tax - US Taxes: Non-Contentious” since 2022

Bar Admissions

  • Illinois

Court Admissions

  • U.S. Tax Court
  • U.S. District Court for the Northern District of Illinois