A lawyer's role in business is to be a trusted guide — helping clients navigate risk, seize opportunities, and build the foundations for lasting success. Business is about innovation and growth, and the law should support, not hinder, those goals. By providing clarity in complex situations and providing solutions grounded in both legal and commercial realities, I strive to empower clients to thrive in an ever-changing landscape and to pursue their goals while protecting their interests. 

Education


  • J.D., Chicago-Kent, College of Law – Deans List
    - J.D. Certificate in Business Law
    - Chicago-Kent Law Tax Clinic
  • B.A., University of Cincinnati

Bar Certifications


  • Admitted to the Bar of the Illinois Supreme Court 


Bar Association Memberships 


  • Chicago Bar Association 
  • Illinois State Bar Association 


Community Involvement

Mr. Toy participates in the Lavelle Law Charities annual Food Drive, as well as other firm-wide community service events and is a volunteer for the Ladder Up Tax Assistance Program providing free tax filing assistance to the Chicago community. 

Read My Posts

Lavelle Law News and Events

Type F Reorg offers a means of achieving structural change while preserving tax continuity

An Overview of F Reorganizations in M&A Deals

By Steven A. Migala and Nathan P. Toy • April 14, 2025
A Type F reorganization (“F Reorg”), governed by Section 368(a)(1)(F) of the Internal Revenue Code, provides a strategically significant mechanism for corporate restructuring. Defined as a “mere change in identity, form, or place of organization of one corporation,” an F Reorg permits a corporation to alter its legal existence while being treated for federal tax purposes as the same entity. This recharacterization allows for the uninterrupted preservation of tax attributes while maintaining shareholder continuity.
Key implications for businesses now that the Corporate Transparency Act is on hold.

Corporate Transparency Act on Hold: Key Implications for Businesses

By Frank J. Portera and Nathan P. Toy • December 11, 2024
On December 3, 2024, the U.S. District Court for the Eastern District of Texas (the “Court”) issued a nationwide preliminary injunction suspending enforcement of the Corporate Transparency Act (“CTA”) and its Beneficial Ownership Information (“BOI”) reporting rule. The injunction effectively suspends the requirement under the CTA for certain companies to disclose their BOI to the Financial Crimes Enforcement Network (“FinCEN”) for an indefinite period of time and until such injunction is overturned by an appellate court with jurisdiction.
If you sold tickets for a profit, get ready to pay taxes.

From Showtime to Tax Time: How the New IRS Ruling Impacts Ticket Resellers

By Theodore M. McGinn and Nathan Toy • October 26, 2023
This past summer has proved to be a banner year for live events such as the explosion of Taylor Swift’s “Era Tour” or Lionel Messi bringing his talents to the U.S. The average price for Taylor Swift tickets sold in the U.S. was over $1,000, the price of Inter Miami CF matches shot up to $250 apiece with the addition of Lionel Messi, and the average tickets for Beyonce and Harry Styles respectively clocked in around $400. These sky-high ticket prices led to huge markups in the secondary ticket market. However, if you sold tickets for a profit, get ready to pay taxes. A newly implemented law as part of the American Rescue Plan Act, will now require ticketing companies to report to the IRS if customers sold more than $600 in resale tickets in 2023, irrespective of the number of transactions.