Amanda Dernovshek is a member of the Business and Tax group with Foster Swift Collins & Smith PC. Her practice focuses on issues related to federal taxation, employee benefits, and business planning. Amanda also assists the Firm’s mergers and acquisitions team.
- Drafting required documentation for plans covered by ERISA including Plan documents, Summary Plan Descriptions, and Summaries of Material Modification
- Guiding clients through discussions related to establishing, amending, and terminating employee benefit plans, including cafeteria plans, 401(k) plans, defined benefit plans, and deferred compensation plans
- Assisting clients with compliance under ERISA, COBRA, health care reform, and other relevant laws
- Providing guidance for benefit plan administration including review of QDROs, analysis of benefit coverage issues, and advice concerning nondiscrimination testing
- Facilitating employee benefit plan corrections to reduce penalties through formal governmental programs
- Corresponding with the IRS and DOL on behalf of clients related to audits of employee benefit plans
- Assisting a variety of businesses in analyzing the considerations involved in entity selection and formation
- Facilitating discussions with shareholders of corporations and members of LLCs on a variety of issues and drafting shareholder and operating agreements to meet client needs
- Advising clients on the process and assisting them with submission of IRS applications for tax-exempt status under Internal Revenue Code Section 501(c)
- Performing due diligence during mergers and acquisition transactions for a variety of businesses of all sizes
Prior to joining Foster Swift, Amanda served as a judicial extern for Sixth Circuit Court of Appeals under the Honorable David McKeague.
Amanda earned her undergraduate and master’s degree at East Tennessee State University in her home state of Tennessee. She then moved to Michigan and earned her juris doctorate at Michigan State University College of Law, where she served as the Editor-in-Chief of the International Law Review.