Law Offices of Robert Scotese

08/17/2022

https://www.forbes.com/sites/forbesbusinessdevelopmentcouncil/2022/07/22/why-llcs-are-a-great-vehicle-for-asset-protection-when-purchasing-real-estate/?sh=9bc62ac3c6a2

In this article, I am going to share with you why LLCs are a great vehicle for asset protection when purchasing real estate.

02/28/2019

A Roth IRA is retirement plan where you contribute after-tax dollars. Your money grows tax-free; and, generally, distributions are tax-free.

02/04/2019

As part of the Tax Cuts and Jobs Act, Congress enacted Section 199A, which provides a 20% deduction against the income earned in certain businesses. Yesterday, final regulations were published, meaning taxpayers finally have the guidance necessary to implement the new provision. Let's take a look.

11/03/2017

The Tax Cuts and Jobs Act released by the House Ways and Means Committee incorporates many of the provisions listed in the Republicans’ September tax reform framework while providing new details.

09/13/2017

https://www.thetaxadviser.com/newsletters/2017/aug/tax-treatment-loans-hospitals-new-physicians.html

The loans may be recharacterized as compensation, which can trigger unexpected income and payroll taxes for the doctor.

09/07/2016

03/15/2015

Do you have people – as in, more than one – working for you? If so, you’re probably knee deep in preparing Forms W-2 for your employees before the January 31st deadline. Well, what if I told you that when you send in those forms, unless you’re aware of an [...]

03/11/2015

A look at the Philadelphia Eagles and Chip Kelly. Is the team gaining a negative reputation among players around the NFL?

03/11/2015

http://finance.yahoo.com/news/backdoor-roth-ira-avoid-6-050000819.html

These errors can jack up tax--and opportunity--costs.

02/15/2015

Filing your taxes is an important first step before filing your FAFSA (Free Application for Federal Student Aid), but there are options that can help if you haven't filed your tax return yet.

02/03/2015

Tax season could get trickier for some because of the Affordable Care Act. Here’s what you need to know.