Nathan R. Olansen is a Shareholder in the law firm of Midgett Preti Olansen. His practice is focused on estate planning, probate and trust administration, IRS and state and local tax audit and tax collection cases, as well as individual and entity tax planning, asset protection and a variety of related transactional matters such as business succession planning, business entity start-ups and tax planning for divorce.

Nathan has extensive experience in drafting and implementing all types of basic and complex estate planning documents such as revocable trusts, irrevocable life insurance trusts (ILIT), grantor retained annuity trusts (GRAT), charitable remainder trusts (CRT), asset protection trusts, and generation skipping transfer tax trusts. Mr. Olansen also assists clients with the administration of trusts and estates, whether through the probate process or in private trusts, and often serves as the executor and/or trustee for clients seeking long-term, professional trust management. Mr. Olansen also has extensive experience in individual, gift, estate and trust income tax compliance and preparation (Form 1040, 1041, 706 and 709), and trust and estate fiduciary accounting preparation.

A significant part of Mr. Olansen’s tax practice is dedicated to representing individuals and businesses before the IRS, state, and local taxing authorities in tax disputes, audits, appeals and collection actions. Nathan’s tax collection practice helps clients by removing levies, garnishments and liens, amending and correcting previous tax returns, filing delinquent tax returns, negotiating with the IRS and state governments to establish payment plans, conducting Collection Due Process Hearings (CDP), and submitting Offers in Compromise (OIC) to settle taxpayer debts that cannot be repaid. Nathan also assists taxpayers with resolving past non-compliance with Foreign Bank Account Reporting (FBAR) and voluntary disclosure, including use of the IRS offshore Voluntary Disclosure Program (OVDP), Streamlined Filing Compliance, Delinquent Submission Procedures and Quiet Disclosures.

In addition to being an attorney, Nathan is also a certified public accountant, and served in the U.S. Marine Corps as a member of Delta Co., 4th Light Armored Reconnaissance Battalion.

Bar Admissions

• Virginia
• North Carolina

Education

• Boston University School of Law, LL.M. Taxation
• Regent University School of Law, J.D.
• Old Dominion University, B.S. in Psychology

Court Admission

• Virginia Supreme Court
• United States Supreme Court
• United States Tax Court
• United States Court of Appeals, 4th Circuit
• United States District Court, Eastern District of Virginia

Midgett Preti Olansen

Effective and timely advice, provided by experienced counsel, is crucial when the IRS, state or local government comes to audit your tax return, collect a delinquent tax liability or request the disclosure of a foreign bank account. Unforgiving procedural deadlines and admissions made by the taxpayer without guidance can close off opportunities to defend your position; the importance of skilled advocacy, combined with experience, cannot be understated.  We represent clients on all types of tax deficiencies, collection matters, refund claims, and compliance matters involving income taxes, payroll taxes, trust fund recovery penalties, foreign bank account reporting (FBAR), excise taxes, estate and gift taxes, sales and use taxes, and related penalties and interest.  Our objective is to resolve each client’s unique tax dispute as quickly and efficiently as possible.