About

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.

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.

Practices

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

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Publications

Title Publisher Date
Is the Right to Receive an Insurance Dividend an Incident of Ownership New Jersey Law Journal September 9, 2013
Defining Ponzi-Scheme Losses New Jersey Law Journal June 2012
A Primer for Tax Whistleblowers The Tax Magazine® April 2012
Yes, the IRS can Pierce the Corporate Veil New Jersey Law Journal February 2012
Fundamentals of Tax Accounting Methods and Periods American Law Institute - American Bar Association 2007
Negotiating Bilateral Tax Treaties, Manual Revision United Nations Committee of Experts on International Cooperation in Tax Matters, Geneva, Switzerland 2010, 2009, 2006, 2005, 2003
Accounting Methods and Periods CCH Solutions Tax and Business Advisory Library 2000
Right to Disclaim in Avoidance of Federal Tax Lien in Dispute Real Estate Tax Digest January 1999
Significant Changes Proposed to Rules for House GRITS Real Estate Tax Digest 1997
Circumventing the Priority of Federal Tax Liens Real Estate Tax Digest 1997

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Blog

Debate To Change Regarding Corporate Taxes
Posted on Wednesday April 23, 2014

CorporateThis November, a number of politicians at the head of key congressional committees are set to step down, and that could lead to changes in the debate regarding corporate tax reform, according to The Wall Street Journal. There is almost $2 trillion in offshore profits held by U.S. multinationals, approximately $650 billion of which is […]

The post Debate To Change Regarding Corporate Taxes appeared first on Tax, Trust, and Estate News.

GOP budget to pass House
Posted on Monday April 21, 2014

GOPRepublicans are known for cutting personal and corporate taxes, but the latest GOP tax proposal does neither, focusing instead on reductions in spending. Rep. Paul Ryan's 2015 budget proposal looks as though it's set to pass the House by a narrow margin, according to POLITICO. After weeks of vote whipping, Republicans are saying that they […]

The post GOP budget to pass House appeared first on Tax, Trust, and Estate News.

Tax avoidance subcommittee blasts Caterpillar, Inc.
Posted on Wednesday April 16, 2014

Family LoansSenator Car Levin opened an April 1 subcommittee hearing by denouncing Caterpillar, Inc. for reducing its tax liabilities by shifting profits to a Swiss subsidiary, The Wall Street Journal reported. Caterpillar held about $17 billion in offshore profits as of the end of 2013, which are shielded from U.S. taxes as long as they aren't […]

The post Tax avoidance subcommittee blasts Caterpillar, Inc. appeared first on Tax, Trust, and Estate News.

New bill makes it less taxing to die in Maryland
Posted on Monday April 14, 2014

MarylandMaryland became the latest state to reduce its tax burden on high net-worth citizens in the form of a higher exemption for its estate tax, according to Forbes. The Maryland Senate passed a measure March 20 that will gradually raise the state exemption from $1 million to the projected $5.9 million federal exemption by 2019. […]

The post New bill makes it less taxing to die in Maryland appeared first on Tax, Trust, and Estate News.

Severance payments must be taxed, Supreme Court rules
Posted on Wednesday April 09, 2014

Supreme-CourtIn the midst of a number of more controversial cases, the Supreme Court ruled on March 25 that severance payments are subject to payroll tax, according to Courthouse News Service. Specialty agricultural retailer Quality Stores brought the challenge as an adversary action in its bankruptcy filing as a result of the IRS refusing to refund […]

The post Severance payments must be taxed, Supreme Court rules appeared first on Tax, Trust, and Estate News.

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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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Videos

Mitt Romney's Tax Return Strategies can be used for your own Personal Wealth Building

Mitt & Ann Romney recently released their individual income tax returns. Frank Brunetti and James McDonough, Tax Lawyers with the Firm Scarinci Hollenbeck in...

Part VII Tax Issues That Impact Your Weath: Independent Contractor Part 2

Part VII of Tax Issues That Impact Your Wealth: Employee or Independent Contractor (part 2 of 2) with Frank L. Brunetti L.L.M., Partner at Scarinci Hollenbec...

Part VI Tax Issues That Impact Your Wealth: Independent Contractor

Part VI of Tax Issues That Impact Your Wealth: Employee or Independent Contractor (part 1 of 2) with Frank L. Brunetti L.L.M., Partner at Scarinci Hollenbeck...

Part V: Tax Issues That Impact Your Wealth: Qualified Small Business Stock

Part 5 of Tax Issues That Impact Your Wealth: Qualified Small Biz Stock with James F. McDonough, Jr., Counsel at Scarinci Hollenbeck. 3 main things that you ...

Part IV: Tax Issues That Impact Your Wealth; Interest Rates

In part lV of Tax Issues That Impact Your Wealtch, we will learn how to take advantage of low interest rates with Frank L Brunetti L.L.M., partner at Scarinc...

Part III: Tax Issues That Impact Your Wealth; Estate Planning & Dynasty Trusts

This is the third of several presentations with James F. McDonough Jr. L.L.M, Counsel, Scarinci Hollenbeck. Dynasty Trusts for Intergenerational Planning: On...

Part ll: Tax Issues That Impact Your Weath; NJ Case Law

This is the second video in our Tax Issues series. This video is presented to you by Frank L. Brunetti L.L.M, Partner & Chair at Scarinci Hollenbeck Law Firm...

Tax Issues That Impact Your Wealth: Cash Audits

Cash audits with Frank L. Brunetti L.L.M. Attorney at Scarinci Hollenbeck. The cash audit of small businesses isn't just in New Jersey, New York is quite agg...

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