January 7, 2013

Michael Schlesinger as a Guest Commentator just had his comments published in Commerce Clearing House’s (“CCH”) American Taxpayer Relief Act of 2012: Law, Explanation & Analysis (2013). Mr. Schlesinger commented on such topics as S corporations, Section 179 depreciation, the new individual income tax rates and Section 531′s accumulated earnings tax provisions. Mr. Schlesinger, due to his expertise and practice in the field of tax law, has repeatedly been asked by CCH to comment and provide his insights regarding new legislation. He is one of the 10 expert commentators utilized by CCH for their analysis of new tax legislation.

CCH’s American Taxpayer Relief Act of 2012: Law, Explanation & Analysis (2013) which incorporates Mr. Schlesinger’s analysis plus the other guest commentators can be purchased directly from CCH’s website. The cost for the book is about $70.00 and if you need assistance please contact Mr. Schlesinger.


Michael Schlesinger has centralized operations of his firm operating out of his Clifton, New Jersey office at 1035 Route 46 East, Clifton, N.J. 07013, 973-773-8877. New York clients can continue to reach him on his New York City office and fax numbers, (Office) 212-980-9622 and (Fax) 212-725-0622 as well as meet with him in mid-town New York City through the facilities arranged for that purpose. Mr. Schlesinger has moved his primary administrative offices from California to Rhode Island thereby making him easily accessible for appointments in the metropolitan New York City area as well as Southern New England where he had the prime concentration of his clients.

At the request of many of his clients, Michael Schlesinger is publishing a monthly tax blog designed to provide information about pending and current tax legislation, federal and state case law, tax rulings and regulations. This blog will be published shortly. The blog will incorporate matters which arise in his tax practice plus case law, legislation, rulings, etc. he encounters in writing his articles, books, and lectures. Please watch this website for the launch date.

The sixth edition of Mr. Schlesinger’s “Practical Guide to S Corporations” has just been published by CCH. The sixth edition, like the earlier editions of his book, has been received with good reviews. The book is available by purchase either an as an eBook or soft cover from Commerce Clearing House directly as well as major book sellers such as Amazon and Barnes and Noble. The Practical Guide to S Corporations is designed to be a handy desk reference for the practitioner and lay person. The book discusses the fundamentals of S corporations, as well as tax planning opportunities. Numerous examples are set forth so that the reader will have an easy means to understand the discussion. Included in the sixth edition is a discussion about the 3rd Circuit Court of Appeals decision in Majestic Casino which stated that S corporate status is not a property right; thus, the S election can be revoked in connection with a bankruptcy relieving the S corporate shareholders of liability for any taxes generated in the bankruptcy. Also, there is a detailed discussion of the proposed Section 1411 regulations which have a direct bearing on S corporations as well as partnerships, estates, trusts and individuals.
If you have any difficulty in acquiring Practical Guide to S Corporations, please contact Michael Schlesinger at