Richard E. Scrimale is the Chair of the Business Department and counsel in the Corporate, Tax, Family Business Succession Planning, and Trusts & Estates Practices. Mr. Scrimale’s practice focuses on the areas of business, estate and tax planning for closely held and family-owned enterprises. As a Certified Public Accountant and an accredited business valuator, he provides an additional level of expertise when dealing with tax-related legal issues.
Mr. Scrimale regularly assists clients in the following areas:
- Tax and business planning for businesses and its owners
- Asset acquisitions and exchanges, including like-kind exchanges
- Employee and shareholder/ principal relations
- Acquisitions, dispositions, mergers and tax-free reorganizations
- Entity formation and dissolution
- Contract negotiation, preparation and dispute resolution
- Business and succession planning
- Business valuations of closely-held businesses focusing on estate and gift taxes, shareholder disputes and matrimonial actions
- Expert witness testimony regarding business valuations
Mr. Scrimale is a frequent lecturer for the New York State Bar Association, and professional and civic groups, in the areas of business, corporate law and federal taxation. He is a member of the New York State Bar Association, Onondaga County Bar Association, United States Tax Court, and the American Institute of Certified Public Accountants (AICPA). In 2011, Mr. Scrimale was awarded the Accredited in Business Valuation (ABV) Credential by the American Institute of Certified Public Accountants.