• 201-896-4100 info@sh-law.com
  • Frank L. Brunetti has been practicing law for forty years in the areas of estate and wealth preservation, tax planning for business entities and complex tax matters. He handles all aspects of client financial, family and tax matters including gift and estate planning, tax exempt organizations, family business arrangements and corporate tax matters. He has extensive experience in federal and state individual income and corporate tax compliance and tax controversy matters. He is admitted to the New Jersey and New York Bars as well as the United States Tax Court.

    Biography

    Frank L. Brunetti practices in the areas of estate and wealth preservation, tax planning for business entities and complex tax matters. In more than 40 years of practice, he has handled all aspects of client financial, family and tax matters including gift and estate planning, tax exempt organizations, family business arrangements and corporate tax matters. He has extensive experience in federal and state individual income and corporate tax compliance and tax controversy matters. 

    In addition to practicing law, Mr. Brunetti is a Professor of Taxation and Law at Fairleigh Dickinson University, where he teaches several graduate tax courses. He is the author of numerous articles and books in the income tax and estate planning field, including Fundamentals of Federal Tax Accounting published by the American Law Institute-American Bar Association. He continues to lecture extensively on topics that include tax accounting, corporate taxation and estate planning to name a few. Mr. Brunetti is also an Observer Member of the United Nations Committee of Experts on Cooperation in International Tax Matters.

    Areas of Particular Experience:

    Wills, Trusts and Estates  |  Individual Taxation  |  Tax Exempt Entities  |  Partnership Taxation  |  Corporate Taxation  |  International Taxation  |  Tax Accounting

    Education

    • New York University School of Law (LL.M. in Taxation, 1977)
    • Duquesne University School of Law (JD, 1973)
    • Rutgers University (BA, 1970)

    Bar Admissions

    • New Jersey
    • U.S. District Court for the District of New Jersey
    • U.S. Tax Court
    • New York

    Affiliations

    • American Bar Association
    • New Jersey State Bar Association (Member, Taxation Section)
    • Bergen County Bar Association
    • Bergen County Bar Foundation (1994-1999)
    • New Jersey Supreme Court Ethics Committee (Bergen County, 1984-1988)
    Videos

    Tax Return Strategies Used For Wealth Building

    Date: 10-09-2012

    Tax Issues that Impact Your Wealth Part VII

    Date: 03-06-2012

    Tax Issues that Impact Your Wealth Part VI

    Date: 02-27-2012

    Tax Issues that Impact Your Wealth Part V

    Date: 02-21-2012

    Tax Issues that Impact Your Wealth Part IV

    Date: 02-13-2012

    Tax Issues that Impact Your Wealth Part III

    Date: 02-02-2012

    Tax Issues that Impact Your Wealth Part II

    Date: 01-20-2012

    Tax Issues that Impact Your Wealth Part I

    Date: 01-16-2012

     

     

    Education

    • New York University School of Law (LL.M. in Taxation, 1977)
    • Duquesne University School of Law (JD, 1973)
    • Rutgers University (BA, 1970)

    Bar Admissions

    • New Jersey
    • U.S. District Court for the District of New Jersey
    • U.S. Tax Court
    • New York

    Affiliations

    • American Bar Association
    • New Jersey State Bar Association (Member, Taxation Section)
    • Bergen County Bar Association
    • Bergen County Bar Foundation (1994-1999)
    • New Jersey Supreme Court Ethics Committee (Bergen County, 1984-1988)
    Publications
    TitlePublisherDate
    Compensatory Distribution of Partnership InterestsTax Notes, Volume 150, Number 10March 7, 2016
    @ISSUE: Is enough being done to catch tax cheats?Asbury Park PressMay 8, 2015
    Post-Assessment Income Taxes Held Non-Dischargeable Under U.S. Bankruptcy CodeNew Jersey Law JournalJanuary 29, 2015
    The Trusteed Individual Retirement AccountNew Jersey Law JournalDecember 17, 2014
    Is the Right to Receive an Insurance Dividend an Incident of OwnershipNew Jersey Law JournalSeptember 9, 2013
    Defining Ponzi-Scheme LossesNew Jersey Law JournalJune 2012
    A Primer for Tax WhistleblowersThe Tax Magazine®April 2012
    Yes, the IRS can Pierce the Corporate VeilNew Jersey Law JournalFebruary 2012
    Circumventing the Priority of Federal Tax LiensReal Estate Tax Digest1997
    Fundamentals of Tax Accounting Methods and PeriodsAmerican Law Institute - American Bar Association2007
    Negotiating Bilateral Tax Treaties, Manual Revision United Nations Committee of Experts on International Cooperation in Tax Matters, Geneva, Switzerland2010, 2009, 2006, 2005, 2003
    View all Publications
    Accounting Methods and PeriodsCCH Solutions Tax and Business Advisory Library2000
    Right to Disclaim in Avoidance of Federal Tax Lien in Dispute Real Estate Tax DigestJanuary 1999
    Significant Changes Proposed to Rules for House GRITSReal Estate Tax Digest1997

    Education

    • New York University School of Law (LL.M. in Taxation, 1977)
    • Duquesne University School of Law (JD, 1973)
    • Rutgers University (BA, 1970)

    Bar Admissions

    • New Jersey
    • U.S. District Court for the District of New Jersey
    • U.S. Tax Court
    • New York

    Affiliations

    • American Bar Association
    • New Jersey State Bar Association (Member, Taxation Section)
    • Bergen County Bar Association
    • Bergen County Bar Foundation (1994-1999)
    • New Jersey Supreme Court Ethics Committee (Bergen County, 1984-1988)
    Blogs

    The IRS List of “Bad Banks” is Up to 95: What You Need to Know About New OVDP Penalties

    Posted on Wednesday March 23, 2016

    The IRS List of "Bad Banks" The IRS updated its list of "Bad Banks" last month, which is now up to 95 banking institutions. This list will continue to grow as Swiss banks and foreign financial institutions come under more intense scrutiny from the Department of Justice to force public disclosure. So if your client's bank […]

    The post The IRS List of “Bad Banks” is Up to 95: What You Need to Know About New OVDP Penalties appeared first on Tax, Trust, and Estate News.

    Sixth Circuit Court Rules Law Firm is not Exempt from Taxes

    Posted on Friday February 26, 2016

    Sixth Circuit Court rules law firm is not exempt from tax Recently, in the case of a Michigan law office, the Sixth Circuit Court upheld a decision to penalize the law firm for not filing a Form 5330, Return of Excise Taxes Related to Employee Benefit Plans. According to a Bloomberg BNA report, the court […]

    The post Sixth Circuit Court Rules Law Firm is not Exempt from Taxes appeared first on Tax, Trust, and Estate News.

    Need to Resolve a Federal Tax Lien?

    Posted on Monday February 22, 2016

    Do you need to resolve a Federal tax lien? A Federal tax lien is not only a short-term financial burden, but the long-term effects are potentially devastating to consumer credit, employment and purchasing power, tax attorney Stephen J. Dunn wrote in a recent Forbes article. The IRS maintains the lien for 10 years before a […]

    The post Need to Resolve a Federal Tax Lien? appeared first on Tax, Trust, and Estate News.

    NJ May Become First State to Ban Corporate Tax Inversions

    Posted on Friday February 12, 2016

    Will NJ become the first state to ban corporate tax inversions? Some lawmakers in the New Jersey state legislature recently announced plans to remove incentives and cut contracts with U.S. companies that move offshore for tax purposes. According to a NorthJersey.com report, the proposed law changes are the direct result of Pfizer Inc.'s merger with […]

    The post NJ May Become First State to Ban Corporate Tax Inversions appeared first on Tax, Trust, and Estate News.

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    Education

    • New York University School of Law (LL.M. in Taxation, 1977)
    • Duquesne University School of Law (JD, 1973)
    • Rutgers University (BA, 1970)

    Bar Admissions

    • New Jersey
    • U.S. District Court for the District of New Jersey
    • U.S. Tax Court
    • New York

    Affiliations

    • American Bar Association
    • New Jersey State Bar Association (Member, Taxation Section)
    • Bergen County Bar Association
    • Bergen County Bar Foundation (1994-1999)
    • New Jersey Supreme Court Ethics Committee (Bergen County, 1984-1988)
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