New Book by Frank Brunetti Provides Clear Explanations on Fundamentals of Federal Tax AccountingTeaneck, NJ (December 10, 2008) — A new book, "Fundamentals of Federal Tax Accounting" by Frank L. Brunetti, is a practical guide through a world of difficult tax rules which can be especially helpful to the practicing accountant or attorney. The American Law Institute/American Bar Association (ALI ABA) is the publisher.
The book provides a clear and concise explanation of many topics including: the methods of accounting, changes in accounting method, claim of right, selection and change of tax year, uniform capitalization rules, inventory, long term contracts, and many more.
He has been teaching and practicing law for more than 35 years. His work has been concentrated in the areas of tax planning for business entities and complex tax matters involving entities, individuals and their transactions.
Brunetti has authored the tax accounting course book used by the American Institute of Certified Public Accountants (AICPA) in its National CEA program and taught in that program for years. He has lectured for the AICPA on many topics including tax accounting and corporate taxation. At Fairleigh Dickinson, Brunetti teaches graduate tax courses and he practices law with the Scarinci Hollenbeck law firm, Lyndhurst, NJ.
Professor Brunetti is also an Observer Member of the United Nations Committee of Experts on Cooperation in International Tax Matters. He is the author of numerous books and articles in the income tax and estate planning fields.
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