Patrick J. Carlin, Jr.
Director of Tax

Patrick Carlin joined Shea Labagh Dobberstein in August of 2006. He has 18 years of experience including seven years with a national accounting firm in the private client service group. Mr. Carlin’s experience encompasses closely held businesses, high net worth individuals and family groups. 

Mr. Carlin has successfully defended clients with multi-year tax issues before the Internal Revenue Service. Mr. Carlin’s experience includes minimizing the impact of income and estate taxes through proactive tax planning. Mr. Carlin finds that working closely with business owners and family groups he can provide the essential expertise needed to address their tax planning and consulting issues. Some of Mr. Carlin’s representative recent engagements:

Asset Protection Planning: A business owner held an operating business and commercial real estate in the same entity. The business operated in an industry where there was considerable risk of lawsuit. The business owner also desired to sell the operating company while retaining the commercial real estate. 

Since distributing the real property directly to the shareholder would have created a taxable event, Mr. Carlin devised a plan to create a subsidiary for the real estate and distribute the stock of the new entity to the shareholder in a tax-free transaction.

Estate Tax Planning: The owner of a mid sized electrical contraction firm was interested in analyzing selling his business versus gifting it to the next generation. Through analysis of the historical financial statements and forecasting future revenue streams along with identification of a compensation plan and profitability benchmarks, Mr. Carlin was able to advise the client on how to create the outcome he desired while minimizing the impact on his income and estate taxes.

Business Planning: Two investment management funds shared significant common ownership as well as staff. Mr. Carlin analyzed the operation of each entity and the impact on each entity’s profitability. Based on this analysis Mr. Carlin determined that a combined company would reduce overall expenses and eliminate duplicated processes.

Patrick Carlin is a CPA, a member of the American Institute of Certified Public Accountants and a member of the California Society of Certified Public Accountants. Mr. Carlin, a native San Franciscan, attended Sacred Heart High School. He currently is a member of the Sacred Heart Cathedral Preparatory Board of Regents and an active member of the Olympic Club. He received a Bachelor of Arts in Economics, emphasis in Accounting, from St. Mary’s College in Moraga, California. Mr. Carlin and his wife, Maureen, live in Marin County with their two daughters, Meaghan and Bridget, and son, Patrick.

Specialties include: High Net Worth Individuals; Closely Held Businesses; Investment Management Funds; Construction; Strategic Planning