Government Experience

  • Legislative Counsel, Joint Committee on Taxation, United States Congress
  • Tax Counsel, Senate Finance Committee, United States Congress

Bar Admissions

  • Texas
  • District of Columbia

Court Admissions

  • U.S. Tax Court
  • U.S. Supreme Court

Education

  • LL.M., New York University School of Law, 1987
  • J.D., University of Texas School of Law, 1985
  • B.B.A., University of Texas, 1982

Languages

  • Spanish
T +1 202.344.4034
F +1 202.344.8300
 

Samuel Olchyk

Partner

Sam Olchyk chairs Venable's Tax and Retirement Policy Practice Group. He advises businesses on Federal tax issues that involve representation before Congress, the Treasury Department, IRS, and State tax authorities. With thirty years of experience as a tax attorney and CPA, including nine years with the tax-writing Committees of the U.S. Congress, Mr. Olchyk is particularly qualified to advise and offer creative solutions to complicated and unusual tax problems.

As a former Legislation Counsel with the congressional Joint Committee on Taxation and Tax Counsel with the Senate Finance Committee, Mr. Olchyk's government experience is extensive and varied. During his eight years of government service, he worked on numerous tax proposals that were enacted into law.

Mr. Olchyk has also worked on several special reports and investigations that were conducted by the Joint Committee staff, including its investigation of Enron, allegations relating to the IRS handling of tax-exempt organizations and a study of the federal tax system with recommendations for simplification.

Since joining Venable, Mr. Olchyk has counseled clients in a variety of industries (primary emphasis on hospitality and travel, retail, manufacturing and financial services) on federal and state tax matters.

Mr. Olchyk regularly represents clients on significant tax controversy matters involving the IRS and in other state and local tax disputes.

Mr. Olchyk is the author of the Tax Policy Update, an in-depth daily compilation of tax policy issues read by industry professionals, clients, Congressional offices and the Executive Office.

Significant Matters

  • Drafted and negotiated tax legislation involving tax-free corporate distributions.
  • Drafted and negotiated legislation permitting tax-free rollovers of certain distributions into Individual Retirement Accounts.
  • Represented employers in connection with the enactment of the Multiemployer Pension Reform Act of 2014.

Activities

Mr. Olchyk is a member of the State Bar of Texas Section of Taxation and the D.C. Bar Association Tax Section. He is also a licensed CPA (state of Texas).