David McCallum represents clients- individuals, fiduciaries, partnerships, corporations, and other entities - in tax controversy matters before the IRS both administratively, including the Appeals Office, and in litigation before the Tax Court. His clients range across industries, including technology, construction, manufacturing, health and life sciences, government contractors, financial services, and professionals services. David also works with clients to find and utilize tax credits and other incentives at both the state and federal level. He has experience with R & D tax credits, various energy credits, and real estate related credits.
Prior to joining Nexsen Pruet, David worked at Top 25 accounting and consulting firm as a Senior Manager for Credits and Accounting Methods team, where he successfully handled Federal and State R & D tax credit projects and controversy matters. David also worked for the Office of Chief Counsel, IRS, SB/SE Division. As a Senior Attorney and Special Assistant United States Attorney, David represented the IRS in the United States Tax Court and Bankruptcy Court, provided legal advice, outreach, and training to his division, and advised and assisted the Department of Justice Tax Division regarding taxation and collection issues.
New York University School of Law, LL.M 2009
North Carolina Central University School of Law, J.D., 2008, magna cum laude
- North Carolina Central Law Review, Senior Editor
- Phi Delta Phi
North Carolina State University, B.A., 2005, summa cum laude
- Phi Beta Kappa
- Phi Kappa phi
- North Carolina
- District of Columbia
- United States Tax Court
- Tax Section, North Carolina Bar Association
Overview
David McCallum represents clients- individuals, fiduciaries, partnerships, corporations, and other entities - in tax controversy matters before the IRS both administratively, including the Appeals Office, and in litigation before the Tax Court. His clients range across industries, including technology, construction, manufacturing, health and life sciences, government contractors, financial services, and professionals services. David also works with clients to find and utilize tax credits and other incentives at both the state and federal level. He has experience with R & D tax credits, various energy credits, and real estate related credits.
Prior to joining Nexsen Pruet, David worked at Top 25 accounting and consulting firm as a Senior Manager for Credits and Accounting Methods team, where he successfully handled Federal and State R & D tax credit projects and controversy matters. David also worked for the Office of Chief Counsel, IRS, SB/SE Division. As a Senior Attorney and Special Assistant United States Attorney, David represented the IRS in the United States Tax Court and Bankruptcy Court, provided legal advice, outreach, and training to his division, and advised and assisted the Department of Justice Tax Division regarding taxation and collection issues.
- Tax Section, North Carolina Bar Association
Speaking & Writing
- Nexsen Pruet Welcomes New Attorneys to Raleigh Office
January 28, 2020
- Prognostications on Federal Tax Legislation in 2021
January 15, 2021 - VIDEO: David McCallum on the 2020 Presidential Candidates' Tax Proposals
October 19, 2020 - 2020 Presidential Candidates' Tax Proposals
September 24, 2020 - Letters and Notices from the IRS are Coming – What You Need to Know
August 4, 2020 - The IRS’s 2020 “Dirty Dozen” List is Out - Future List of Enforcement and Compliance Priorities Forthcoming
July 16, 2020 - Notice 2020-54 – Employer Reporting Requirements for Qualified Sick Leave Wages and Qualified Family Leave Wages paid-out under the FFCRA
July 12, 2020 - North Carolina Opts-Out of Many of the Taxpayer Favorable Provisions of the CARES Act
July 1, 2020 - COVID-19 Next Steps: What are Next Steps as Businesses Begin to Re-open Amid the Crisis?
May 19, 2020 - Continuing COVID-19 Impacts on Federal Taxation - UPDATED
May 7, 2020 - PPP Loan Forgiveness and the Deductibility of PPP Loan Expenses
May 4, 2020 - If You Haven’t Filed Your Prior Tax Returns; This Might Be the Best Time To Do So!
April 24, 2020 - The Agility Continues – Another Batch of COVID-19 Inspired IRS Guidance
April 14, 2020 - A More Agile (Even Forgiving) IRS? More COVID-19 Guidance and Releases…
April 9, 2020 - COVID-19 Impacts - The CARES Act and the Construction Industry
April 6, 2020 - Continuing COVID-19 Impacts on Federal Taxation - the CARES Act
March 31, 2020 - As with Everything, COVID-19 is Impacting Federal Taxation
March 22, 2020 - Is Your Partnership Ready for the IRS's New Centralized Audit Regime?
February 28, 2020 - The I.R.C. § 6751(b) Supervisory Penalty Approval Saga Continues
January 31, 2020
- David has presented on a variety of tax topics to accountants, attorneys, and other professional groups including notable tax controversy and IRS procedural updates, the Tax Cuts and Jobs Act, the PATH Act implications to the R & D tax credit, and IRS collections.
- The Path to Tax Benefits and Planning Certainty, Construction Accounting and Taxation, March/April 2016, Vol. 26, No. 2.
Outside Nexsen Pruet
David enjoys spending time with his wife and two children. When he is not attempting to turn his kids into Star Wars nerds (it's working with one of them), David enjoys watching the Wolfpack play basketball, watching ACC basketball generally, cooking for his extended family, reading fiction (no non-fiction, self-help, or biographies for David), working in the yard, and dreaming about the Kentucky Bourbon trail.
