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Federal Tax Update – July 2019

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By David S. De Jong, Esq., CPA, Stein Sperling Bennett De Jong PC INDIVIDUALS In DeMar v. Commissioner, TC Memo 2019-91, the Tax Court denied the noncustodial parent the dependency allowance because Form 3115 was not included with the return, notating, because it was received during litigation, the taxpayer would need to file an amended […]

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Accounting and Law: Concurrent Practice is in the Public Interest

Both

By Philip O. Brent, A Reprint From The Journal of Accountancy, March 1967 The theme of this article is that one who becomes a CPA-attorney can render the public a better professional service in areas of common interest to both professions. After illustrating the services rendered by a CPA­ attorney, consideration is given to the desirability of dual practice […]

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Who Should Be the Trust Protector of Your Asset Protection Trust?

Blogging

It Really Does Matter! By Howard Rosen and Patricia Donlevy-Rosen of Donlevy-Rosen & Rosen, P.A. Reprinted with Permission from THE ASSET PROTECTION NEWS, January 2019 INTRODUCTION. First, what is a “trust protector”? Although our common law of trusts dates back almost 1,000 years, the concept of the trust protector is a 20th century development, primarily […]

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Offshore Trusts & Offshore Accounts: What’s the Difference?

Blogging

By Howard Rosen and Patricia Donlevy-Rosen of Donlevy-Rosen & Rosen, P.A. Reprinted with Permission from THE ASSET PROTECTION NEWS, January 2019 INTRODUCTION. Potential clients often call us asking if we can set up an “offshore account” for them. Is this what they really mean, or are they (or should they be) asking about an offshore […]

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Federal Tax Update – June 2019

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By David S. De Jong, Esq., CPA, Stein Sperling Bennett De Jong PC INDIVIDUALS Final Regulations under Code Section 170 reiterate Proposed Regulations stating that the charitable deduction applies only to the difference between what a taxpayer contributes to a state-sponsored charitable fund and the tax savings arising from the relationship; however, this rule may […]

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Federal Tax Update – May 2019

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By David S. De Jong, Esq., CPA, Stein Sperling Bennett De Jong PC INDIVIDUALS In Jim v. United States, the US Supreme Court denied certiorari, declining to review a ruling of the Eleventh Circuit Court of Appeals at 121 AFTR2d 2018-1939 which held that shared gaming revenue among Native American tribe members was not exempt […]

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Member Spotlight: Chelsea M. Rebeck

Member Spotlight

Attorney Chelsea Rebeck is a part of a small group of female attorneys with her skills and credentials. She worked in accounting for 13 years before attending law school, then as a certified public accountant for many years. She is also an adjunct professor at a local college, advising students with her extensive CPA knowledge. […]

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Federal Tax Update – April 2019

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By David S. De Jong, Esq., CPA, Stein Sperling Bennett De Jong PC INDIVIDUALS Proposed Regulations under Code Section 1400Z, define “substantially all” as at least 70 percent in the context of percentage of tangible assets in a qualified opportunity zone but define “substantially all” as at least 90 percent in the context of the […]

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Member Spotlight – David M. Loev

Member Spotlight

Trust The Loev Law Firm, PC to assist with all of your Corporate/Securities needs. Our seasoned attorneys support the legal requirements of private and public companies, well-established corporations, or those planning to incorporate. We assist with corporate and securities law, mergers and acquisitions, business organization, SEC reporting requirements, public and private offerings of debt and […]

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Are you really able to use the term CPA?

Blogging

By Beth A. Berk, CPA, CGMA This article originally appeared in CPA Insider. ©2019 Association of International Certified Professional Accountants. All rights reserved. Used by permission. Warning: If your CPA license is inactive, expired, or was issued in a state other than the one where you live or work, you may not be able to […]

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