• 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.

    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

    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
    @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
    Accounting Methods and PeriodsCCH Solutions Tax and Business Advisory Library2000
    View all Publications
    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

    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.

    Important Ruling on the Throw Out Rule

    Posted on Tuesday February 09, 2016

    NJ Tax Court makes important ruling on the Throw Out Rule Recently, the New Jersey Superior Court Appellate Division upheld a previous decision that intangible holding companies are not required to throw out any out-of-state receipts. According to a Reed Smith report, the Court ruled in Lorillard Licensing Company LLC v Director, Div. of Taxation […]

    The post Important Ruling on the Throw Out Rule appeared first on Tax, Trust, and Estate News.

    ERISA Does Not Take Precedence Over State Law to Allow Discretionary Clauses

    Posted on Tuesday January 26, 2016

    State Law & Discretionary Clauses The Seventh Circuit Court of Appeals refused to hear a case that involved Mary C. Fontaine, a retired equity partner from Mayer Brown LLP, who accused Metropolitan Life Insurance Co. of wrongfully denying her disability benefits. According to a Bloomberg BNA report, the court ruled that Employee Retirement Income Security […]

    The post ERISA Does Not Take Precedence Over State Law to Allow Discretionary Clauses appeared first on Tax, Trust, and Estate News.

    Taxpayer’s Asperger’s Not Reasonable Cause for Exemption

    Posted on Thursday January 14, 2016

    Asperger's not reasonable cause for exemption in tax case The U.S. Tax Court recently ruled that an investor cannot cite mental health, specifically autism spectrum disorder, as an excuse for failure to file accurate federal income taxes because the taxpayer failed to present evidence that would constitute reasonable cause. Health reasons can provide reasonable cause […]

    The post Taxpayer’s Asperger’s Not Reasonable Cause for Exemption 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)