Practice Areas: Tax, Business & Corporate, Mergers & Acquisitions
Licensed in North Carolina since: 2013
Education: Georgetown University Law Center
Petrova Law PLLC
806 Green Valley RoadSuite 200
Greensboro, NC 27408 Phone: 336-310-1210 Email: Galina (Allie) Petrova Visit website
Details
Allie Petrova is the founder and owner of Petrova Law PLLC, a boutique law firm focused exclusively on tax and business law matters.
As a trusted advisor, concentrates her practice in complex business tax planning, M&A transactions, and taxpayer representation before the Internal Revenue Service and state tax authorities. Allie Petrova provides her clients with strategic and practical advice, personal attention, and clear communication.
Business owners benefit from Allie’s business acumen, practical yet sophisticated approach, and experience in handling complex tax and business issues.
Attorney Petrova offers a unique perspective on resolving business needs, supported by well over a decade of sophisticated experience in Tax and M&A transactions. Allie helps clients protect the value in their businesses and their financial futures by managing and minimizing the legal risks. Her professional experience in corporate finance informs her law practice.
Allie dedicates a substantial portion of her practice to M&A transactions and negotiates complex business agreements. Ms. Petrova works with owners of healthcare practices, specifically veterinarians and dentists. She advises general and specialty group practices on how to structure transactions in a tax-efficient manner.
Allie represents both businesses and individuals in high-stakes tax disputes before the Internal Revenue Service and in the United States Tax Court. Ms. Petrova counsels business owners involved in civil IRS examinations, IRS administrative appeals, and tax collection matters. She has niche practice as a crypto tax attorney, guiding investors through IRS crypto tax audits. Allie serves on the Crypto Tax Task Force of the American Bar Association’s Tax Section.
Previously, Allie advised private equity and Fortune 500 clients on acquisitions and reorganizations in the Transaction Tax (M&A) group of Ernst & Young at its New York headquarters and practiced with a transactional business law firm in North Carolina. While in Washington, D.C., Ms. Petrova worked at the Office of Chief Counsel at the Internal Revenue Service and the Office of the National Taxpayer Advocate.
Before entering the legal profession, Ms. Petrova settled operating and investment account activity at a Fortune 500 company in North Carolina and managed a segment of the corporate financial reporting of a PE-owned multinational portfolio company. This business experience allows her to consider clients' objectives from a business perspective and interact seamlessly with CPAs and clients' other advisors.
Attorney Petrova is admitted to practice in North Carolina and New York. She holds two law degrees from the Georgetown University Law Center -- a Juris Doctor (J.D.) and a Master of Laws in Taxation (LL.M.). She also has earned a Master of Laws in International Economic Law (LL.M.) from the Sorbonne in Paris, France. She is a graduate of Greensboro College and serves on its Board of Trustees.
Ms. Petrova’s commitment to excellence is demonstrated by her involvement in professional organizations. Ms. Petrova is the chair of the North Carolina Bar Association’s Tax Section and the immediate past chair of the Closely Held Businesses Committee of the American Bar Association’s Section of Taxation.
Ms. Petrova is a frequent speaker and writer for the American Bar Association Tax Section, the J. Nelson Young Tax Institute, state bar associations, CPA organizations, and prominent business groups. Allie has been quoted in CNBC, MSN Money, The Huffington Post, The Street, Super Money, and the U.S. News and World Report.
Allie Petrova is a member of the United States Tax Court Bar and the United States Supreme Court Bar. Attorney Petrova has been recognized by Best Lawyers in America® 2021-2023, as Legal Elite by North Carolina Business Magazine 2018-2023, as a North Carolina - Super Lawyer, 2022-23 and Rising Star 2018-2021. She was awarded John S. Nolan Fellowship by American Bar Association Section of Taxation in 2020.
First Admitted: 2013, North Carolina
Professional Webpage: http://petrovalaw.com/who-we-are/galina-allie-petrova/
- American Bar Association - Taxation Section - Chair of Committee on Closely Held Businesses Committee (incoming); Vice Chair of Committee on Closely Held Businesses Committee (2017-present); Member (2010-present).
- Greensboro Bar Association - Board Member (2018 - present); Co-Chair, Holiday Party Committee (2018-2019); Co-Chair, High Point Bar Associaiton Liaison (2017-2018); Member (2014 - peresent).
- North Carolina Bar Association, Tax Law Section - Tax Council (2017-present); Treasurer (2020 - present); Chair, Membership Committee (2016-present); Young Lawyers Division Liaison (2016-present); Member (2014-present).
- U.S. Supreme Court, 2018
- U.S. Tax Court, 2016
- Herb Falk Society for Pro Bono Service - Greensboro Bar Association, 2019
- Mergers & Acquisitions, Rising Star, Super Lawyers, 2020
- Business Law and Tax/Estate Planning, Legal Elite, Business North Carolina, 2020
- Mergers & Acquisitions, Rising Star, Super Lawyers, 2019
- Legal Elite, Legal Elite, Business North Carolina, 2019
- Tax/Estate Planning, Legal Elite, Business North Carolina, 2018
- Since 2002, Business North Carolina magazine has honored Tar Heel lawyers by publishing Business North Carolina’s Legal Elite, a listing of the state’s top lawyers in business-related categories. , Legal Elite, North Carolina Business Magazine, 2017
- This paper covers of the taxation of income of U.S. Citizens, Resident Aliens, and Nonresident Aliens as of April 2011. , "U.S. Taxation of Investment Income of Individuals", 2011
- Section 199A comments concerning the aggregation and disaggregation of trade or business activities. , Task Force Contributor and Co-Author, Initial Comments Concerning the Aggregation and Disaggregation of Trade or Business Activities for Purposes of Section 199A, American Bar Association Section of Taxation's Comments to IRS Commissioner Kautter, 2018
- This articles covers the federal worker classification regime as well as the regimes of North Carolina, California, and Maryland. , Co/Author and Author re North Carolina, Worker Classification Best Practices and Remedies: Options for Professional Practices, The Practical Tax Lawyer by American Bar Association, 2018
- This article covers the new federal audit regime for tax partnerships (IRS Form 1065 filers) as of March 2016.. , Author, The New Partnership Tax Audit Regime: 20 Takeaways, North Carolina Bar Association's Tax Assessments, 2016
- This article covers single sales factor legislation in North Carolina as of October 2015. , Author, State Corporate Income Tax: A Stance on the Sales Factor, North Carolina Bar Association's Tax Assessments, 2015
- 40 Under 40 - Triad Business Journal , 2020
Selections
- Super Lawyers: 2022 - 2025
- Rising Stars: 2019 - 2021