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Dan Newman

Dan Newman

Author's details

Name: Dan Newman
Date registered: November 19, 2013

Email: dnewman@orba.com

Biography

Dan has been with the firm for eight years. He began his ORBA career as a tax season intern preparing individual, corporate, partnership and trust tax returns. After completing the internship, Dan stayed with the firm for the duration of the year as part of the proofreading department. Dan was responsible for analyzing financial statements and disclosures as part of the quality control review process. In January 2009, he joined the Accounting and Audit services team full-time where he performed audits, reviews and compilations for clients in both not-for-profit and for-profit industries. Dan remained in the A&A area until he transitioned to ORBA’s Tax Department in July 2016. His efforts are now directed towards tax compliance and strategic planning to maximize beneficial outcomes for his clients. Dan works on individuals, partnerships, closely-held corporations and trusts/estates. He is proficient in several industries including manufacturing, real estate, service businesses and high-net-worth individual wealth management.

Latest posts

  1. For Good Financial Health, Take Your RMDs — October 4, 2017
  2. Paying for College: How to Avoid Costly Financial Aid Mistakes — September 20, 2016
  3. Wealth Management Group Newsletter – Summer 2016 — August 10, 2016
  4. Are You at Risk for AMT Liability? — September 17, 2015
  5. Wealth Management Group Newsletter – Winter 2015 — January 21, 2015

Most commented posts

  1. Wealth Management Group Newsletter – Summer 2016 — 1 comment

Author's posts listings

2017
Oct 04

For Good Financial Health, Take Your RMDs

Employer-sponsored retirement plans and traditional IRAs offer participants almost unbeatable tax-saving and wealth-building opportunities. But the benefits come with a catch. At a certain point, you have to stop investing and start withdrawing in the form of required minimum distributions (RMDs) or pay a severe price.

2016
Sep 20

Paying for College: How to Avoid Costly Financial Aid Mistakes

This short article provides pointers to help parents of college-bound students avoid mistakes and maximize amounts when applying for financial aid. Tips involve filing the right forms, prioritizing schools and knowing who is responsible for submitting applications when parents are separated and divorced.

2016
Aug 10

Wealth Management Group Newsletter – Summer 2016

ORBA’s Wealth Management Group Newsletter is a quarterly publication focused on effective wealth management. The Summer 2016 issue includes two articles: “Mutual Funds or ETFs?: Understand the Differences Before You Choose” and “Taxable vs. Tax-Advantaged Accounts: Where You Own Your Investments Matters.”

2015
Sep 17

Are You at Risk for AMT Liability?

The AMT rate is 28%, compared to the top regular income tax rate of 39.6%. However, the AMT rate typically applies to a higher taxable income base. So, before taking action to time income and expenses, one should determine whether he or she already is likely to be subject to the AMT — or whether the actions being considered might trigger it. This article offers suggestions for minimizing AMT liability.

2015
Jan 21

Wealth Management Group Newsletter – Winter 2015

ORBA’s Wealth Management Group Newsletter is a quarterly publication focused on effective wealth management. The Winter 2015 issue includes two articles, Discussing Finances with Your Spouse and Exemption Portability vs. A Credit Shelter Trust.

2014
Jul 22

Claiming the Home Office Deduction Now Easier

For those who use their home as their place of business, claiming a home office deduction has become significantly easier. This brief article explains that, under a new simplified method, a taxpayer can make a simple calculation based solely on the area of the workspace.

2013
Nov 20

Putting Property in Your Portfolio: Real Estate Investors Seeking Income May Look to REITs

As economic markets, and more specifically real property values, continue to escalate, it may be prudent to add real estate ownership to your personal portfolio. However, the responsibility of being a landlord can lead to extensive time commitments, operational headaches and significant expenses. To obtain the income and diversification benefits of real estate without the challenges of direct ownership, many investors are turning to a more convenient alternative – real estate investment trusts (REITs). This article explains how REITs work and the potential advantages and disadvantages they provide to investors.