Sirote Attorneys Shirley Justice and Ronald Levitt To Lead Presentation On The Affordable Care Act's Tax Implications
Shirley Justice of Sirote & Permutt’s Mobile office and Ronald Levitt of the law firm’s Birmingham office, along with Jay Maples and Bruce “Andy” Andrews, also of the Birmingham office, will come together in Mobile on Jan. 10, 2014, to discuss for a Mobile-based CPA firm: 1) the impact of the Affordable Care Act (ACA) on closely held business, and 2) how new Section 1411 of the Internal Revenue Code, which imposes a new tax on passive investment income, applies to such closely held businesses and their owners and to high income individuals and trusts.
“We are delighted to present this seminar to a new audience,” said Ronald Levitt, moderator of the event. “In the past this presentation has been well received, and we look forward to bringing together Sirote’s Birmingham and Mobile offices for the occasion.”
The seminar was most recently presented to the Alabama Society of CPAs and the Federal Tax Clinic. The Jan. 10 engagement will include updated information detailing the recent changes in the health care law and the recently finalized and newly proposed regulations under new Section 1411 issued by the IRS in December 2013.
Justice counsels businesses and business owners in tax, transactional, corporate and personal tax planning, as well as providing estate planning services for professionals, business owners, retirees and others seeking to minimize estate and income taxes. She also represents clients in sales, acquisitions, merger transactions, and the establishment of professional and business corporations, partnerships and LLCs. Best Lawyers in America named her as a Best Lawyer in Trusts and Estates for 19 consecutive years and in 2012 named her as Mobile’s Best Lawyer of the Year for Trusts and Estates Law. Additionally, Justice has been a Martindale-Hubbell AV rated attorney for more than 20 years.
Levitt’s legal practice focuses on business and tax planning issues, particularly for closely held and family owned businesses. He counsels clients in business planning, succession planning, entity formation, representation of S Corporations, Limited Liability Companies and other flow-through entities, mergers and acquisitions, purchases and sales of businesses, and healthcare law. Additionally, Levitt handles federal and state controversy matters, estate planning and charitable deduction planning, including planning and defending conservation easements. Best Lawyers in America selected him as Birmingham’s “2012 Best Lawyer of the Year” for Tax Law. Levitt, a Martindale-Hubbell AV rated attorney for over 20 years and a fellow and on the Board of Regents of the American College of Tax Council, speaks throughout the country and is a frequent author, including co-author of the treatise Tax Planning for S Corporations (2d Ed.), published by Lexis/Nexis.
Maples is a member of the Corporate & Tax practice group at Sirote & Permutt, where he assists clients with their business and tax needs. Prior to practicing law, he was a certified public accountant. Maples received his law degree from the University of Alabama School of Law, his LLM in Taxation at New York University, his master in Accounting from the University of Alabama in Huntsville and his undergraduate degree from Auburn University. Maples has been listed as a Birmingham Magazine “Top Attorney” for Tax Law.
Andrews practices with the firm’s Corporate & Tax and Health Care groups, advising clients about tax, business and health care regulatory issues. Andrews earned his J.D. degree from The University of North Carolina School of Law. During law school, he was a member of the Moot Court Executive Board, the Moot Court National Team and received the Aycock Moot Court Competition Award for Best Negotiation. Prior to law school, Andrews earned his Master of Accounting from Kenan-Flagler Business School and his B.A. degree from The University of North Carolina.