- A review course on education tax credits
- Unclaimed property can be a business issue
- Watch out for special rules when making a Roth conversion
- Some business meals get a full deduction
- DB(k) retirement plans are new this year
- Pay yourself reasonable wages
- The kiddie tax: A basic review
- Follow IRA withdrawal rules
- Homebuyer tax credit extension
- Collectibles face special tax rules
- Rental property tax rules are complicated
- Payroll tax update
- Don't overlook the Roth five-year holding requirement
- Can you qualify for the small business health insurance credit?
- Military tax breaks are available
- Do you need to file an FBAR?
- Roth IRA conversion: Act now, pay later?
- Start your 2010 planning with your 2009 tax return
- Don't ignore employer penalty notices
- The HIRE Act offers tax breaks for hiring
- Direct deposit: Should you buy savings bonds?
- The Patient Protection and Affordable Care Act reforms health care
- Can you take a home office deduction?
- Deducting interest expense: What you need to know
- Did you receive Form 1099-C?
- Missing a W-2?
- Who has to file an income tax return?
- New law allows early deduction for Haiti relief donations
- The dependency exemption: What you need to know
- What's your status?
- Payroll - A 2010 employer update
- Review payroll reporting for 2009
- What to expect on your 2009 return
- Check these vehicle tax breaks for 2009
- Know the rules for backup withholding
- Tax issues come with gifting stock
- Hiring seasonal employees? What you need to know
- Don't get tripped up by a wash sale
- New law includes two important tax changes
- Two IRA tax breaks are scheduled to expire soon
- Take a tax deduction for worthless stock
- Withdrawals from your SIMPLE IRA may not be so simple
- Savings bonds can help pay for college
- Tax tips for first-time employers
- First-time homebuyer credit to expire November 30
- Closing your business has tax implications
- You need basis to deduct an S corporation loss
- Unemployed? Pay health premiums from your health savings account
- Some IRA terms you should know
- Employee or independent contractor? Don't misclassify workers
- Take a penalty-free IRA withdrawal for medical expenses
- Your business vehicle expenses are deductible
- Plan for the phase-out of tax breaks
- Your business could benefit from the extended net operating loss carryback
- When is income taxable, and when is it not
- IRS has a new procedure for correcting payroll returns
- Capture tax breaks when you refinance
- Prepare now for a possible disaster
- Tax law changes could affect your 529 plan
- Two reasons to review tax payments
- The COBRA credit: What employers must know
- Don't waste your tax refund
- A new vehicle could give you a new tax break
- Check out the "making work pay" credit
- Don't overlook a theft loss deduction
- Who owes self-employment tax?
- The Internal Revenue Service and Treasury Department Release Additional FBAR Guidance
- HIRE Act
- Health Care Updates
News
Nearly 200 people attend Salibello & Broder’s Fifth Annual High Net Worth Seminar
Contact: Paul Seach
Tel. 212-404-5557
Email: pseach@sb-cpa.com
FOR IMMEDIATE RELEASE
May 21, 2009
NEW YORK - Almost 200 people filled room to hear the tax experts of Salibello & Broder LLP (S&B) discuss this year's stimulus bill and strategies to cope with the Madoff scandal as the firm held its fifth annual Tax and Estate Planning Issues for High Net Worth Individuals on Tuesday, May 19, 2009 at the University Club in New York City.
"Our high net worth seminar featured timely and important issues that affect many high net worth individuals," said Sal Salibello, Managing Partner of S&B. "Our firm is known for staying ahead of the changes in tax law and, in turn, we enjoy updating our clients and friends."
The breakfast seminar focused on a number of timely topics. The seminar commenced with addressing the growing Alternative Minimum Tax concern and how more people are falling into the "AMT trap." Next, the "all in" cost of state and local income taxes were discussed and addressed personal income tax facts for the New York, New Jersey and Connecticut tri-state area.
The seminar closed with tips on wealth transfer and charitable giving and Grantor Retained Annuity Trust (GRAT), specifically when a GRAT should be utilized; what assets can fund a GRAT; the advantages and disadvantages; gift, estate, GST and income tax consequences and IRS audit issues.
"The purpose of the seminar is to help high net worth individuals create a sound strategy in their planning," said Ross Rizzo, CPA and Partner and Director of tax with S&B. "The topics cover a great deal of issues affecting high net worth individuals that is not presented in an overly technical manner."
With many of his victims being high net worth individuals, it was difficult not to address the fallout from the Bernie Madoff scandal. The discussion included tips on how to report the loss and an explanation of the IRS rulings that serve as guidance for investors.
Speaking along with Ross Rizzo were Dan Zeman, CPA, Tax Partner and Jim Wetzold, CPA, Senior Tax Manager.
The next tax seminar, U.S. Tax Issues for U.S. Resident and Nonresident Aliens and U.S. Citizens Working Abroad, and will be held on Tuesday, November 17, 2009.
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Founded in 1978, S&B has grown into a full-service accounting and professional services firm with offices in New York and Los Angeles.
S&B has become a middle-market leader due to our dedication to value-added year-round client service, our commitment to providing the highest quality service, and our investment in the ongoing training of our staff.
Website: www.sb-cpa.com
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