Can a Partner/LLC Member be Treated as an Employee?
We are often asked whether an LLC, which is treated as a partnership for income tax purposes, can pay a member as an employee on a W-2 rather than simply making gross distributions from which the member pays self-employment taxes and makes quarterly estimated payments for income taxes. The short…
Henkel Appointed Chair of State Bar CLE Committee
K&D shareholder, Glenn A. Henkel was recently appointed Chair of the Continuing Legal Education Advisory Committee for 2017-2018 (with a member term expiring in 2020) on behalf of the New Jersey State Bar Association (NJSBA). The committee plays an important role in helping licensed New Jersey lawyers and judges meet…
FBAR Penalty Assessment and Enforcement
K&D associate, Patrick J. McCormick, authored the below article, “FBAR Penalty Assessment and Enforcement“. This article, published here with permission, will appear in the July 2017 issue of the Journal of International Taxation (Thomson Reuters/Checkpoint). Mr. McCormick specializes in the areas of international tax and tax compliance. Introduction CLICK TO…
Haas Presents Extreme CLE ’17
K&D associate, Briele Haas, was among a group of speakers who took part in the Camden County Bar’s successful CLE program “Extreme CLE ‘17”, on March 24, 2017. Mrs. Haas presented the program on IRA’s and Estate Planning. The one-day event, which offered 16 programs, gave attorneys the opportunity to earn the…
Key Estate Planning Concepts for International Clients
K&D associate, Patrick J. McCormick, authored the below article, “Key Estate Planning Concepts for International Clients”, which will appear in the forthcoming June 2017 issue of Estate Planning, a nationally recognized journal published by Thomson Reuters, and again in a Summer 2017 issue of the Journal of International Taxation, also published…
Kulzer & DiPadova Attorneys Named 2017 SuperLawyers
Congratulations to the six attorneys at Kulzer & DiPadova, P.A. who were recognized by New Jersey Super Lawyers* Magazine for 2017. The following attorneys were recognized as New Jersey SuperLawyers for 2017 in these primary practice areas: Arthur A. DiPadova – Estate Planning & Probate Glenn A. Henkel – Estate Planning & Probate James B. Evans…
Pennsylvania Tax Amnesty Begins April 21, 2017
The Pennsylvania Department of Revenue (“Department”), through Act 84 of 2016, is offering a Tax Amnesty Program (“Program”) which will run for sixty (60) days, beginning on April 21, 2017 and ending on June 19, 2017 (the “Amnesty Period”). The Department will waive all penalties and half of the interest…
New Jersey Estate Tax Repeal: What You Need to Know!
Glenn A. Henkel authored the following article “New Jersey Estate Tax Repeal: What You Need to Know!” which has been featured in the March 2017 (Vol. 65, No. 7) issue of The Barrister, a monthly circular published by the Camden County Bar Association. Last October, Governor Christie signed legislation raising the state’s…
PODCAST: When Civil Tax Cases Become Criminal
K&D associate, Patrick J. McCormick recently recorded a podcast, “When Civil Tax Cases Become Criminal“, with the Pennsylvania Institute of Certified Public Accountants on basics of criminal tax exposure. From the PICPA website: “Civil tax failures that elevate to criminal tax exposure is a scary thought for CPA practitioners. Patrick…
Changes to the New Jersey Tax Laws Warrant Immediate Attention!
Glenn Henkel’s most recent article, Changes to the New Jersey Tax Laws Warrant Immediate Attention!, originally appeared in the Philadelphia Estate Planning Council’s Winter Newsletter Vol. XXVI, No. 2., posted on January 12, 2017. Mr. Henkel is currently a member of the Board of Directors of the Philadelphia Estate Planning Council, a…