Andrew Comiter joined his fellow colleagues as a panelist for the event, “Passing the Torch,” hosted by UBS Pursuit Wealth Management. The panel spoke to business owners about the psychological aspects of transitioning a business through future generations and to help them understand how to navigate through such a challenging…
Public Law 115-97, more commonly known as The Tax Cuts and Jobs Act, added Sections 1400Z-1 and 1400Z-2 to the Internal Revenue Code (the “Code”). Sections 1400Z-1 and 1400Z-2 allow a taxpayer to defer paying taxes on capital gains by investing such capital gains in a Qualified Opportunity Fund (“Opportunity…
Comiter Singer, LLC announces its newest addition to their team, Tanya C. Naydenov. The focus of Tanya’s practice is income and estate tax planning; business transactions; and federal taxation of partnerships, s-corporations, and limited liability companies Tanya received her undergraduate degree in International Studies and a minor in Business Administration,…
Comiter Singer are proud to announce that attorneys, Richard B. Comiter (Tax), Andrew R. Comiter (Tax) and Michael S. Singer (Wills, Trusts & Estates) were among those honored in their respective fields, by Florida Trend’s Legal Elite, 2018. Now in its 15th year, Florida Legal Elite presents a prestigious roster of attorneys chosen for recognition by their…
The owners of pass-through entities: partnerships (including limited liability companies—LLCs—taxed as partnerships) and S corporations, must pay tax on their share of the entities’ profits, irrespective of whether the pass-through entity distributes any of those profits to the owners. This disconnect creates the possibility of “phantom income”—taxable income without a…