Rick Reames III

Rick Reames III is a member of Nexsen Pruet's Tax Practice Group and focuses on state and local taxation (SALT), federal taxation, and tax-driven trusts and estates planning and administration.

Mr. Reames regularly advises and represents individuals and businesses on all types of state and local taxes, including property taxes, sales and use taxes, excise taxes, and license fees, and has significant experience practicing before the South Carolina Department of Revenue.

Mr. Reames frequently represents his clients before the Internal Revenue Service and frequently handles contested federal tax matters.

In addition, Mr. Reames also represents individuals and businesses in tax-driven estate planning and administration, and frequently advises both beneficiaries and fiduciaries regarding probate and trust laws.

A former Chairman of the South Carolina Bar Association Tax Section, Mr. Reames received a B.A. degree in Business Economics from Wofford College. He earned a J.D. from the University of South Carolina School of Law where he was a member of the South Carolina Law Review and a member of the Order of the Wig and Robe. Mr. Reames earned an L.L.M. degree in taxation from New York University School of Law.

• Former Chairman - South Carolina Bar Association Tax Section
• Tax Delegate to SC Bar Association House of Delegates
• Former SC Chairman - Joint North Carolina/South Carolina Tax Conference
• Former Secretary - South Carolina Bar Association Tax Section
• Member - Executive's Association of Greater Columbia
• Frequent Lecturer and Speaker on Tax & Business Law Issues

• Nexsen Pruet Earns Designation as 'Midlands Green Business'
  Nexsen Pruet has earned designation as a Midlands Green Business, joining other Columbia-area organizations that are committed to environmentally responsible practices in the workplace.
• Nexsen Pruet's Reames to Chair SC Bar Tax Section
  Rick Reames, a Member (partner) in Nexsen Pruet’s Columbia office, has been selected as chairman of the South Carolina Bar Association’s Tax Section for 2008-2009.

• Client Alert: 2010 Tax Act Provides Portability to Reduce the Estate Taxes Paid by Couples
  The IRS is offering a new way for surviving spouses to reduce their estate tax bill if their spouse passed away after December 31, 2010.
• Client Alert: The Taxation Treatment of Employer-Provided Cell Phones
  The Internal Revenue Service has issued long-awaited guidance that clarifies the taxation treatment of employer-provided cell phones or other similar telecommunications equipment.
• Client Alert: A Low Cost Option to Voluntarily Reclassify Workers
  In September, The IRS announced the Voluntary Classification Settlement Program (VCSP), a voluntary initiative allowing taxpayers the opportunity to change the prospective classification of their workers at a low cost. Taxpayers seeking to apply to the VCSP for the fourth quarter of 2011 must act quickly to meet the initial deadlines set by the IRS.