Harris “Trip” H. Barnes, III

Shareholder

Harris “Trip” H. Barnes, III

Professional Experience

Trip is a shareholder of Barnes, Bailey, Janoush & Dick, P.A., with emphasis in the areas of mergers, acquisitions, and sales of businesses; taxation; wills, trusts, and estate planning; probate administration; trust litigation and modification; qualified and non-qualified deferred compensation; civil and criminal tax controversy and trials in all courts; divorce/tax; asset protection; and the formation of captive insurance companies. His practice has been limited to matters of taxation since 1980.

Trip has tried approximately 200 cases in civil courts and 40 cases in the United States Tax Court, and has planned hundreds of estates, including preparing for and litigating numerous estate tax returns (Form 706). He has conducted over 300 seminars for professional, academic, and civic groups on taxation, business, and estate planning, many for the Mississippi Society of Certified Public Accountants.

Work Experience

  • Prosecutor Intern, 1972, Honorable Albert Necaise, District Attorney, Gulfport, Mississippi
  • Cunningham & Cunningham, Booneville, Mississippi
  • Practiced law in Gulfport, Mississippi for thirteen years:
    • Mize, Thompson & Blass
    • Newton & Newton
  • Formerly a Shareholder/Director of Dossett, Goode, Barnes and Broom, P.A., Jackson,
  • Mississippi.
    • Currently, President and a Shareholder of Barnes, Bailey, Janoush & Dick, P.A., Flowood,
    • Mississippi with emphasis in the areas of mergers, acquisitions, sales of
    • businesses, taxation, wills, trusts, estate planning, probate administration, trust
    • litigation and modification, qualified and non-qualified deferred compensation,
    • civil and criminal tax controversy, civil and criminal tax trials in all courts;
    • divorce/tax, asset protection, and related tax areas; active in the formation of
    • Captive insurance companies.
  • Practice limited to matters of taxation since 1980.
    • Tried approximately 200 cases in civil courts;
    • Tried 40 cases in the United States Tax Court;
    • Planned hundreds of estates;
    • Preparing for and litigating numerous estate tax returns (Form 706).

Professional

  • Member of Mississippi State Bar Association
    • Past Chairman of Taxation Section
    • Past Chairman of the Professionalism Committee
    • Member of the Trusts and Estates and Business Law Sections
  • Member of Tennessee Bar Association
  • Member of Arkansas Bar Association
  • Admitted to practice before the State Courts of Mississippi, U. S. District Courts, U. S.
    • Tax Court, and U. S. Supreme Court
  • Member, past President (1999-2000) of the Hinds County Bar Association
  • Past President of the Mississippi Tax Institute, Inc.
  • Member of the Financial Planning Association, Fellow Mississippi Bar Foundation (2002)
  • AV Preeminent Rated Lawyer for 41 years, Martindale Hubbell: AV Preeminent Rated
    • firm (top 5% in Taxation and Estates & Trusts)
  • Marquis Who’s Who in America
  • Albert Nelson Marquis Lifetime Achievement Award by Marquis Who’s Who
  • Top 50 Mississippi Super Lawyers® (2010 by MS Business Journal) (its inaugural edition)
  • 26th Oldest law firm in the State of Mississippi
  • Approved as a representative by the National Football League Players Association

Seminars

  • Conducted over three hundred (300) seminars for professional, academic, and civic groups on taxation, business, and estate planning.
  • Seminars conducted for the Mississippi Society of Certified Public Accountants (all 8- hour Seminars)
  • Estate & Gift Taxation Simplified
  • Using Trusts in Income & Estate Tax
  • Using Trusts in Income & Estate Planning
  • Using Ideas to Minimize Estate & Gift Taxes
  • The Limited Liability Co.
  • Limited Liability Co.: Tax Consideration
  • Income Taxation of Estates and Trusts
  • How Trusts Can Cut Income and Estate
  • How Trusts Can Cut Income and Estate
  • Limited Liability Company & Business Considerations
  • Do’s And Don’ts of Tax Practice
  • Sleeping Better At Night: Do’s And Don’ts of Tax Practice
  • Sleeping Better At Night: Taxation of LLCs, LLPs, LPs and Other Partnerships
  • Taxation of LLCs, LLPs, LPs, and Other Partnerships
  • Income Taxation of Estates and Trusts
  • Taxation of LLCs, LLPs, LPs, and Other Partnerships
  • Estate Planning: Tackling the Fundamentals
  • Estate Planning: Tackling the Fundamentals
  • Estate Planning: Tackling the Buying and Selling of Businesses
  • The CPA’s Role: Tax Update for Pass-Through Entities: S Corporations and
  • Partnerships
  • Tax Update for Pass-Through Entities: S Corporations and Partnerships
  • AICPA’s Annual Business Law Updates I and II
  • Strategies and Tactics in the New War Against Higher Individual Taxes I and II
  • Practical Tips and Techniques for Dealing with the IRS
  • Estates and Trusts: Mastering Complex Income Tax Issues
  • Tax Strategies for Business; Planning Techniques and Current Issues
  • Estate Planning Essentials: Tax Relief for Your Clients
  • Business Valuation and Litigation Services Conference
  • Estate Planning Essentials: Relief for Your Clients
  • How to Settle an Estate for A Client From A TO Z
  • The Complete Trust Workshop
  • Advanced Selected Issues for Trusts, Estates, and Their Beneficiaries
  • The Complete Trust Workshop Mississippi State Society of CPAs Annual
  • Convention
  • Succession planning and use of Captive Insurance Companies
  • BANK State of Mississippi Banking
  • Finance Conference Planning with Captive Insurance Companies
  • Form 1041: Income Taxation of Estate and Trusts
  • Business Law Essentials for Practitioners
  • Succession Planning for the Small Business
  • This Year’s Top Tax and Financial Planning Ideas
  • This Year’s Best Income Tax, Estate Tax, and Financial Planning Ideas
  • Limited Liability Companies: Losses, Liquidations, Continuations, and Sales
  • Introduction to Business Acquisitions
  • Estate and Life Planning Issues for the Middle-Income Client
  • How to Settle A Client’s Estate

Community Activities

  • Past Chairman-Elect and Secretary of the Board of Deacons, First Presbyterian
    • Church, Gulfport, Mississippi
  • Sunday School teacher and member of Choir, First Presbyterian Church, Jackson, MS
  • Past Vice-President and President-Elect of Gulfport Kiwanis Club
  • Three-time Past Chairman of the Advisory Board of the Salvation Army, Gulfport, Mississippi
  • Director, Past Vice-Chairman, and twice Chairman of the Hinds County Advisory Board of the Salvation Army
  • Past President and Secretary of the Harrison County MSU Alumni Association
  • Director, Hinds County MSU Alumni Association; President of the MSU Law Alumni Association
  • Jackson Downtown Rotary Club (Sergeant at Arms 1998-1999), Director; Member North
  • Jackson Rotary Club
  • Eagle Scout, achieved with 2 palms, and God and Country Award before age 15, Boy
  • Scouts of America
  • Past Chairman of the Sustaining Membership Committee of Boy Scouts of America
  • Elected a 1979 Outstanding Young Man of America by the National Jaycees
  • Member, Sigma Alpha Epsilon Fraternity

Personal

  • Family: Wife, Sandra S. Barnes
    • Children: Patrick S. Barnes, Elizabeth Blair (Barnes) Riley, and Bryan P. Barnes
    • Grandchildren: Hayes Riley, Keaton Riley, Ruth Elizabeth Riley, and Ella Grace Riley
  • Author: “Financial Survival in the 80’s” and “Financial Survival After Tax Reform”
  • Interests: Family, sports, and reading
  • Pilot – Instrument rating, 2,200 hours

Areas of Specialty

  • Mergers & Acquisitions
  • Business Planning
  • Estate & Trust Planning/Administration
  • Estate & Trust Litigation
  • Federal & State Tax Audit/Litigation
  • Asset Protection
  • Tax Planning

Admissions

  • Admitted to practice before the State Courts of Mississippi, U.S. District Courts, U.S. Tax Court, and U.S. Supreme Court. He’s also admitted in TN and Arkansas

Education

  • Educated at Clarksdale Public Schools
    • Clarksdale, Mississippi, Graduated 1964
  • Mississippi State University, Starkville, Mississippi
    • B.A. Degree, June 1968
  • University of Mississippi School of Law,
    • University, Mississippi (Moot Court)
    • J. D. Degree, June 1972,
  • Admitted to practice law, June 1972
  • University of Florida, Gainesville, Florida
    • Master of Laws in Taxation (LL.M), Taxation, August 1980