Joseph Cioffi represents directors and officers, management committees and stakeholders of privately held companies, investment groups and family enterprises consisting of various corporate entities, limited liability companies, joint ventures and partnerships, and trusts in numerous tax and general business law matters. He provides advice on fiduciary responsibilities, corporate governance, entity formation and capital structuring, mergers and acquisitions, divestitures and liquidations, and business succession planning.

Joe regularly counsels start-up companies and entrepreneurs regarding business planning and financing options, including traditional and alternative bank lending, private placements, factoring of receivables, venture capital funding and SBA loans.

In addition, Joe has extensive experience preparing individual and entity tax returns as well as structuring federal and state tax settlements,negotiating offers in compromise, and defending tax positions in audit hearings and other tax controversy matters. He routinely provides advice regarding new legislation and emerging developments in tax law and accounting policy, and assists with compliance and reporting matters, regulatory issues and internal controls to ensure conformity with industry best practices.

REPRESENTATIVE MATTERS

  • Represented a recently formed real estate holding company in connection with a series of private offerings to finance ongoing acquisition operations

  • Settled a tax dispute and valuation challenge by the IRS, which mitigated approximately $500,000 of potential federal tax liability

  • Managed the asset purchase transaction of a regional trucking company and secured financing for a storage and maintenance facility

  • Facilitated the acquisition of a signage manufacturing franchise in Kane County

  • Structured and negotiated the acquisition of a business services franchise and assisted the new owner in securing financing to procure additional real estate and parking facilities

  • Represented a heavy equipment leasing company in securing a revolving credit line to facilitate the acquisition of new assets

PROFESSIONAL BACKGROUND

Joe joined Aronberg Goldgehn in October 2016. He was previously the Managing Partner of Cervantes & Cioffi LLP, a small law firm with offices in Chicago and Oak Brook, Ill., which he co-founded with Marc Cervantes in 2007. From 2004 to 2007, Joe practiced in-house and with another Chicago law firm.

In addition to his civilian practice, Joe serves as a Judge Advocate and Public Affairs Officer for the United States Army Reserve Legal Command. He is responsible for performing a variety of legal advisory duties for the 91st Legal Operations Detachment. He also coordinates educational seminars, newsletter distributions, media events, and community programs to inform Service members and the public about issues important to national security and the military.

PRESENTATIONS

  • Speaker, “A Benedictine Living Legacy,” Tax and Estate Planning Seminar, Villa Saint Benedict Foundation, Lisle, Ill. (November 2009)

  • Speaker, “Tax Planning Techniques for Entrepreneurs.” National Business Association Small Business Seminar, Chicago (May 2007)



IIT Chicago-Kent College of Law, LL.M, Tax Law, 2006

The John Marshall Law School, J.D., 2004

Northern Illinois University, B.S., Finance, 2000

Northern Illinois University, B.S., Sociology, 2000

University of Illinois, M.P.A., class of 2018



BAR AND COURT ADMISSIONS

  • Illinois
  • United States Tax Court

MEMBERSHIPS

  • Chicago Bar Association, Member
  • American Bar Association, Member
  • American Society for Public Administration, Member


ACKNOWLEDGEMENTS

  • National Defense Service Medal

COMMUNITY INVOLVEMENT

  • College of DuPage, Glen Ellyn, Ill. (Mock Interview Coach, Paralegal Studies Program, 2007 to present)

PERSONAL

What is your favorite place in Chicago? John G. Shedd Aquarium
What is the best vacation you’ve ever been on? London, May 2005
What is your favorite restaurant? Emmett’s Brewing Company in Palatine, Ill.