Ross Keogh is a shareholder in the firm’s rapidly growing Missoula, Montana office. His practice focuses on helping clients create and manage tax-efficient business structures and capital syndication, particularly in the context of start-ups, real estate and the Opportunity Zone incentive.
Capabilities
Biography
Ross Keogh leads the firm’s tax practice. His team counsels clients on complex tax and economic structuring and the monetization and transfer of tax credits under the Inflation Reduction Act. His team is known for their structuring charts which allow for immediate alignment on tax and economic implications of the deal, allowing for transactions to close at the speed of business.
Ross is a leading expert on a variety of tax incentives, including the Opportunity Zones Tax Provision (section 1400Z-2), Section 45V the Hydrogen Production Tax Credit, Section 170(f) dealing with the donation of conservation easements, and Section 468B providing for Qualified Settlement Funds. Ross provides advice to clients in tax planning and deal structuring around the creation, sale or purchase of businesses or real property and the management of litigation proceeds and settlements. His experience as an economist and attorney enables him to directly and dynamically advise clients on the tax and business implications of transactions and to tax-efficiently structure their capital stack. Ross leads Parsons’ tax team in routinely advising clients on securing gain exclusion or deferral under the tax code, including Section 1202 the qualified small business stock exclusion (QSBS), Section 1400Z-2, Section 1031—providing deferral for exchanges of real property, and the provisions allowing for tax-free capitalization of partnerships and corporations such as Section 721, Section 351 and Section 368.
Experience
Lead Counsel for Innovative Affordable Housing on Remediated Industrial Site
Served as lead counsel for a groundbreaking attainable housing development project in Missoula. The development, completed in September 2024, was built on a formerly-contaminated industrial site, marking a significant achievement in urban renewal and affordable housing initiatives.
Strategic Counsel for Large-Scale Subdivision Development
Served as legal counsel for the acquisition and development of a 600-1200 lot subdivision near Wye, Montana. Provided strategic advice on acquiring the previous defunct subdivision, conducted detailed due diligence and resolved multiple access issues. Additionally, secured preferential rights with an affiliated seller water company and navigated the entitlement process and initial sales.
Industrial Site Acquisition and Redevelopment Syndication
Served as legal counsel for the acquisition and syndication of a former industrial site near Missoula, Montana, slated for redevelopment. Assisted with due diligence and limited partner capital syndication processes.
Accomplishments
Academic
University of Montana School of Law (Juris Doctorate, 2014, with Honors)
Honors: Jessup Moot Court Team, Member
Honors: Recipient of the Margery Hunter Brown Assistantship
Law Review: Public Lands and Resources Law Review, Editor
University of Montana, Master of Economics degree
Thesis: "Market Power and Regulatory Failures in the Montana Wholesale Electricity Market"
Vassar College, Bachelor of Arts degree
Wyoming High School Debate Champion
Professional
Recognized in Chambers USA 2025
Associations
Professional
State Bar of Montana
American Bar Association - Section of Taxation
Insights
News
Parsons Behle & Latimer and Montana Economic Partnership Legislative Recap Draws Strong Business Turnout in Missoula June 12, 2025
News
Parsons Behle & Latimer Ranked Among Top Law Firms by Chambers and Partners USA: Twenty-nine Attorneys Ranked Among Nation’s Top Practitioners June 5, 2025
Article
New Montana State Income and Property Taxes for 2025 & 2026 May 22, 2025
Article
Key Considerations for a Second Tranche of Opportunity Zones April 15, 2025
Articles
New Montana State Income and Property Taxes for 2025 & 2026 May 22, 2025
Key Considerations for a Second Tranche of Opportunity Zones April 15, 2025
FinCEN Interim Rule Significantly Limits Application of CTA: Domestic Reporting Companies Exempt from BOI Reporting April 1, 2025
CTA Injunction is Lifted: Beneficial Ownership Information Reporting is Now Mandatory February 20, 2025
CTA Injunction is lifted by Supreme Court, but separate CTA injunction remains in effect: BOI reporting is voluntary January 29, 2025
Tax in the Trump 2.0 administration: Known knowns, known unknowns and unknown unknowns January 9, 2025
Tax Planning in the Context of the Election October 16, 2024
How the new entity registration requirements under the Corporate Transparency Act will affect your business in 2024 January 22, 2024
An Early Christmas Present from the IRS December 27, 2023
New Entity Registration Requirements Under the Corporate Transparency Act December 4, 2023
Beneficial Ownership Reporting – Start your engines! October 16, 2023
SALT Workarounds Come to Most of the Intermountain Region in 2023 October 16, 2023
Montana Court Rules the State Can't Ignore Climate Change in Project Permitting August 15, 2023
A “Dirty” Phase I Now Increases Clean Energy Credits Available Under the Inflation Reduction Act for Small Projects June 23, 2023
Happy Tax Day. Now for some corporate spring cleaning ahead of 2024 April 18, 2023
Implications of the Inflation Reduction Act for the Natural Resource Sector: How Resulting Tax Incentives and Fees Could Affect Your Business August 15, 2022
Presentations
Montana Water Court Adjudication in the Clark Fork Division October 22, 2024
Decoding the Corporate Transparency Act: Lessons From the First Months of Implementation September 12, 2024
Webinar: What is the Corporate Transparency Act – and how will it Affect my Business? January 11, 2024
U.S. Mining Law 2023 Short Course December 4-8, 2023
Ranches, Farms and Agribusiness in Montana and Beyond Sept. 13 & 14, 2023
The Corporate Transparency Act February 8, 2023
Inflation Reduction Act - Broad Observations November 17, 2022
Credentials
Licensed
Montana
U.S. Dist. Court, Dist. of Montana
U.S. Tax Court
Wyoming
U.S. Dist. Court, Dist. of Wyoming
Utah
North Dakota
Education
University of Montana School of Law
