Edward Mendlowitz

Edward Mendlowitz, CPA, ABV, PFS, is a partner at WithumSmith+Brown, PC, an audit, tax and advisory firm, and has over 40 years of public accounting experience. He is a licensed certified public accountant in the states of New Jersey and New York and is accredited by the American Institute of Certified Public Accountants (AICPA) in business valuation (ABV) and as a personal financial specialist (PFS). Ed is also admitted to practice and has tried cases before the United States Tax Court, has testified before the House Ways and Means Committee on tax reform, reduction and fairness, and was an MBA instructor for 11 years. The author of 25 books, Ed has also written hundreds of articles for business and professional journals and newsletters, including AccountingToday.com, is a frequent speaker to many professional and business groups and is on Panel of Experts of the Bottom Line Personal newsletter.

The Pay-Less-Tax Man

How to Give to Charity from Your IRA (And Avoid Taxes)

You might be able to make non-taxable gifts to charity directly from your IRA—and get additional tax benefits at the same time. Here’s how.

The Pay-Less-Tax Man

Tax Breaks for Gains and Losses on Small Business Corporations

There are many potential tax breaks for gains and losses on small business corporation stock, but also many rules that must be followed.

The Pay-Less-Tax Man

How Trusts are Taxed

Trust taxation rules are complicated, but this rundown of the most popular trust types and their tax status will give you a good basic understanding.

The Pay-Less-Tax Man

Estate Income Tax Planning for People with No Taxable Estates

Even if your estate won’t be big enough to owe estate tax, to save money, there are tax rules—and tax-planning moves—you should know about.

Taxes

These Taxpayers Fought the IRS and Came Out on Top

Ordinary taxpayers can beat the IRS—and so can you. Here are important lessons from recent court disputes in which taxpayers prevailed.

The Pay-Less-Tax Man

Post-Tax-Season Planning Tips for 2018

Now that tax season is done, here’s how to switch into tax-planning mode and make your 2018 taxes as low as possible.

Financial Planning

First-Marriage Financial Considerations

Ed Mendlowitz warns that no couple should get married without first meeting with a financial planner.

Financial Planning

How to Avoid the Financial Traps of Second Marriages

If you don’t plan carefully, your personal wealth could be lost to someone else’s children after you die or if…

Financial Planning

Financial Considerations Before You Divorce

Thinking of getting a divorce? Don’t talk to your best friend. Talk to your accountant so you don’t get taken…

Financial Planning

What You Need to Know About Prenuptial Agreements—and Why You Probably Need One

Prenuptial agreements can be awkward to discuss, but far less awkward and painful than divorcing without one.  Bottom Line tax…

The Pay-Less-Tax Man

10 Tax-Smart Ways to Give Charitable Donations

Here are 10 ways to make charitable donations that will get you the largest tax deductions possible.

Tax Planning

Many Taxpayers Are Now Underwithholding

With the new tax law in effect as of 2018, you should review how much income tax you are having withheld from your paycheck in light of the changes.

Financial Planning

6 Surprising Ways an Accountant Can Help You

Accountants often become lifelong counselors whose advice is as valuable as that of a trusted attorney, mentor or family member.

The Pay-Less-Tax Man

A Dozen Tax Breaks for Education Expenses

There are many tax breaks that can save parents and students money on the cost of college, primary and secondary education. Here are 12 of them.

The Pay-Less-Tax Man

New Tax-Planning Opportunities for 2018—Start Making these Moves Now

Even if you haven’t finished preparing your 2017 tax return, now is the time to consider these powerful tax-planning moves to reduce your taxes for 2018.

The Pay-Less-Tax Man

Choose Your Self-Employed Retirement Plan—Starting Right Here

If you’re self-employed, you need to set up a retirement account yourself to cut taxes and insure your future. Here are different plans to choose from.

The Pay-Less-Tax Man

It’s Last Call for these Tax Deductions

With big tax changes coming for 2018, here’s what taxpayers should do before the end of 2017 to save on taxes.

The Pay-Less-Tax Man

Why “Tax Time” Is Now—And You Should Do These 10 Things in November or December

Here are 10 tax-saving moves that everyone should consider making before the year ends to save on taxes.

Taxes

These Taxpayers Beat the IRS

Taxpayers who challenge the IRS in court are able to win nearly 20% of the time. Here are recent victories that could help other taxpayers save money.

The Pay-Less-Tax Man

Substantiate Your Deductions…Or Kiss Them Good-bye

Many tax filers claim legitimate deductions only to have them disallowed because they can’t substantiate them. Here’s how to prove all your deductions.