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Katherine E. David

Member
fax +1 210.258.2746

Katy David represents tax-exempt entities and counsels clients on tax matters, including federal income taxation and state margin and sales taxation.

Exempt organizations of all sizes rely on Katy to guide them at formation, during their operation and growth, and—when necessary, through wind-down and dissolution. She helps clients obtain and maintain their tax-exempt status, develop appropriate corporate governance, sustain their operations, and operate effective development and planned giving programs. When an organization experiences an unusual opportunity or difficult challenge, the Board of Directors and executive leadership turn to Katy to help them make decisions that comply with state law and the Internal Revenue Code, and that support the organization’s mission and strategy.

Katy also helps businesses and individuals minimize their state and federal tax liability. She structures entities and transactions to support her clients’ businesses and save money. In particular, clients rely on her to guide them through complex Section 1031 exchanges and Section 1033 involuntary conversions. When necessary, Katy defends clients in audits by the Internal Revenue Service and Texas Comptroller of Public Accounts.

When you talk with Katy, you can expect her to walk through the pros and cons of a proposed course of action, like any lawyer would. But, she reliably follows with, “If it were my call to make, I would do this… and here’s why.” Clients often remark to Katy, “Wow! You explained that really well.” When she hears this, she knows she’s doing the job she came to do: equipping her clients with the information they need to make the best possible decisions.

Katy is Board Certified in Tax Law by the Board of Legal Specialization.

Education

B.A., with Honors, Johns Hopkins University, Baltimore, Maryland, 2000
J.D., Georgetown University Law Center, Washington, DC, 2003

Recognitions

Named among The Best Lawyers in America – Litigation and Controversy – Tax; Real Estate Law; Tax Law by Best Lawyers (2013-2021)

Named among Texas Rising Stars by Thomson Reuters (2005-2017)

Named among the Best Tax Law Attorneys by San Antonio Scene Magazine (2015)

Named among the Rising Stars by San Antonio Scene Magazine (2013, 2014)

Named among the 40 Under 40 by San Antonio Business Journal (2011)

Awarded the Nolan Fellowship by the American Bar Association Section of Taxation (2010)

Named among the Best Lawyers Rising Stars by San Antonio Scene Magazine (2005-2009)

State Bar Licenses

Texas

Court Admissions

U.S. Tax Court

Presentations

  • Panelist, Good Governance: Board Dysfunction, TexasBarCLE 18th Annual Course (August 2020)
  • Tax-Exempt Organizations & Cryptocurrencies, Clark Hill Strasburger’s Tax Symposium (November 2019)
  • Co-presenter. Choice of Business Entity in a Post-TCJA World, Clark Hill Strasburger’s Tax Symposium (November 2019)
  • Self-Employment Tax Liability for LLC Entities, Texas BarCLE (November 2018)
  • Co-presenter. Introduction to Tax Issues for Health Care Organizations, AHLA Distance Learning (October 2018)
  • Co-presenter. Partnership/LLC Equity Compensation – Planning & Possibilities, Texas BarCLE (May 2018)
  • Fiduciary and Legal Responsibilities – 10 Legal Issues…Plus One More, Masters Leadership Program of Greater San Antonio (March 2018)
  • Tax Cuts and Jobs Act of 2017 – Be Prepared!, Austin CPA Society (February 2018)
  • Centralized Partnership Audit Regime, Strasburger’s Tax Symposium (November 2017)
  • Beyond the Permit: Legal Issues for Startup Winemakers, Grape Camp, Texas Wine and Grape Growers Association (November 2017)
  • Tax Primer, AHLA Tax Issues for Healthcare Organizations (October 2017)
  • Emerging Legal Issues Impacting Wineries, Breweries, and Distilleries: What You Need to Know, Texas BarCLE (October 2017)
  • Best Practices for Board Meetings, State Bar of Texas, Governance of Nonprofit Organizations (August 2017)
  • Legal Matters: An overview of a variety of legal issues that start-up wine-makers, brewers, and distillers need to be aware of, Texoma Craft Beverage Alliance Conference (June 2017)
  • Fiduciary and Legal Responsibilities – 10 Legal Issues-Plus One More, Masters Leadership Program of San Antonio (March 2017)
  • Smart Strategies for Expanding Your Bar, Restaurant, or Craft Beverage Operation, Local(3) Strasburger & Price, LLP (January 2017)
  • Private Foundations in the 21st Century: Strategic Use of Program and Mission-Related Investments, Strasburger’s Tax Symposium (November 2016)
  • State Tax Update, Strasburger’s Tax Symposium (November 2016)
  • Tax Primer, AHLA Tax Issues for Healthcare Organizations (October 2016)
  • Disclosure Issues for Nonprofit Organizations, State Bar of Texas Governance of Nonprofit Organizations Course (August 2016)
  • Co-presenter. Legal Matters & Permitting, Texoma Craft Beverage Alliance (June 2016)
  • Lobbying and Political Campaign Activity by I.R.C. _501(c)(3) Organizations, Central Texas TSCPA (June 2016)
  • Co-presenter. Nonprofit/Tax Exempt Entity Holdings in for Profit Businesses: Gifting Issues & Post-Gift Compliance, TexasBarCLE Webcast (June 2016)
  • Conversion to Nonprofit/Tax Exempt Status: Pros, Cons & Issues, TexasBarCLE Webcast (May 2016)
  • Dealing with Unrecaptured Section 1250 Gain in Drop-Swap Cash-Outs, ABA Section of Taxation Meeting (May 2016)
  • Legal Issues for Prospective Nonprofit Board Members: A Top 10 List, Masters Leadership Program of Greater San Antonio (March 2016)
  • Co-presenter. From the Legal Experts: What Texas Wineries & Vineyards Need to Know, Texas Wine & Grape Growers Association Conference (February 2016)
  • Resolution Toolkit: Practical Tips to Jump-Start Your Planned Giving Program in the New Year, Planned Giving Council of San Antonio (February 2016)
  • Co-presenter. PATH Act: New Rules for I.R.C. 501(c)(4) Health Plans, Health Plan Alliance (January 2016)
  • Compensation Rules for Exempt and Non-Profit Organizations; Designing and Maintaining Executive Compensation Plans, Stafford Webinar (October 2015)
  • Texas Margin Tax: Costs of Goods Sold, San Antonio CPA Society CE Explosion (October 2015)
  • Alternative Routes to Tax-Exempt Status, Strasburger’s Tax Symposium (September 2015)
  • Texas Margin Tax and Sales Tax Update, Strasburger’s Tax Symposium (September 2015)
  • Co-presenter. Making Dollars and Sense out of Advertising, The Educator’s Law Forum (September 2015)
  • Under Fire? Practical Tips for Addressing a Crisis or Reputational Attack, 13th Annual Governance of Nonprofit Organizations Course (upcoming)
  • Ethical and Practical Issues Arising from Attorney Service on Nonprofit Boards, State Bar of Texas Section of Taxation Meeting
  • Practical Tips for Establishing a Planned Giving Program, BDO United States Seminars (May 2015)
  • Compliance Begins at Home: Tax and Immigration Issues Related to Household Employees, American Bar Association (May 2015)
  • Texas Tax Update, San Antonio CPA Society Speaker Series (December 2014)
  • Exempt Organizations Update, San Antonio CPA Society Speaker Series (October 2014)
  • Texas Taxation Update, Rio Grande Valley Chapter of CPAs (October 2014)
  • State & Federal Issues in School Fundraisers, Strasburger Educator’s Law Forum (September 2014)
  • Tax-Exempt Organizations Update, Strasburger Tax Symposium (August 2014)
  • Texas Taxation Update, Strasburger Tax Symposium (August 2014)
  • Course Director. 12th Annual Governance of Nonprofit Organizations Course (August 2014)
  • Lobbying and Political Campaign Activity by Tax-Exempt Organizations, BDO Nonprofit Seminar (May 2014)
  • Series LLCs: Seriously?, San Antonio CPA Society (May 2014)
  • Lobbying and Political Campaign Activity by Tax-Exempt Organizations, San Antonio CPA Society Speaker Series (March 2014)
  • Panelist. Working with CPAs and CFPs, Tax Practice Management and Young Lawyers Forum (February 2014)
  • Federal and State Tax Issues Arising from Nonprofit Fundraising, 21st Annual Legal and Accounting Institute (December 2013)
  • Lobbying and Political Campaign Activity by Tax-Exempt Organizations, 61st Annual Taxation Conference (December 2013)
  • Texas Margin Tax: Cost of Goods Sold, Combined Reporting and Other Issues, Strasburger Tax Symposium (August 2013)
  • Political, Lobbying and Other Issues Facing Tax-Exempt Organizations, Strasburger Tax Symposium (August 2013)
  • Panelist. Working with CPAs and CFPs, Tax Practice Management and Young Lawyers Forum (May 2013)
  • Nonprofit Executive Transition Management, BDO Nonprofit Seminar (May 2013)
  • COGS in Practice: Use of the Cost of Goods Sold Deductions in Texas Margin Tax, San Antonio CPA Society Speaker Series (April 2013)

Publications

  • Warning for Taxpayers Prepaying Real Property Taxes in 2017, Strasburger’s Tax Strategies (December 2017)
  • Co-author. Considering the Alternative Entity Structure of an LLC Taxed as an S-Corp, Today’s CPA (March/April 2017)
  • Editor. Family Foundation Advisor, published by Civic Research Institute
  • Co-author. Congress Makes Signification Changes to Partnership Audit Rules, Today’s CPA (July 2016)
  • PATH Act Imposes New Filing Requirement on I.R.C. _501(c)(4) Organizations, Strasburger Tax Strategies (December 2015)
  • Important New Partnership Audit Rules Change Taxation of PartnershipsProcedurally Taxing (November 2015)
  • Important New Audit Rules Change Taxation of Partnerships, Strasburger Tax Strategies (November 2015)
  • Co-author. When An Attorney Serves On A Foundation Board – Critical Ethical and Practical Issues, Family Foundation Advisor (May/June 2015)
  • She Was Beaten, She Was Homeless, She Survived: Roxana’s Story, Alamo City Mom’s Blog (May 2015)
  • Using Like-Kind Exchanges to Minimize a Foundation’s Investment Income Tax (Part II),Journal of Taxation of Investments (Winter 2015)
  • Using Like-Kind Exchanges to Minimize a Foundation’s Investment Income Tax (Part I), Journal of Taxation of Investments (Fall 2014)
  • Co-author. Political Activity and I.R.C. 501 _(c)(3) Organizations, Strasburger Tax Strategies (November 2012)
  • Co-author. Sales of Church Real Property to Parishioners, Taxation of Exempts (July/August, 2012)

Media