PRINCETON, N.J. – Tony Panico, a partner with WithumSmith+Brown (Withum) PC and practice leader of the firm’s Healthcare Reform Advisory Services Group, and Tony Nitti, a tax partner and Forbes.com tax columnist whose practice focuses primarily on corporate and partnership tax planning, are available to offer analysis and commentary related to the newly rolled out tax-package outline and its impact on private individuals and corporations as well as the latest efforts for healthcare-reform revival. In the words of Nitti, “Get your popcorn ready and watch this unfold…”
Why: President Trump’s campaign had two issues as its cornerstone: repeal of the Affordable Care Act (ACA) and tax reform. Once perceived as a “slam dunk” by and for the new administration, both initiatives – dismissal of the ACA first, implementation of tax reform second – were the kick-off of an overhaul-filled 100-day agenda. In the aftermath of a stunning ACA repeal failure, the question is: can the administration have one without the other or, in wake of the latest revival efforts, both? The answer: it’s complicated.
Bios: Panico is a partner and practice leader of the firm’s Healthcare Reform Advisory Services Group. An expert in Patient Protection and Affordable Care Act, he is a licensed certified public accountant in the states of New Jersey and New York.
A specialist in providing tax compliance and consulting services to the healthcare and non-profit sectors, his focus is on serving integrated healthcare delivery systems, hospitals, medical centers and their affiliates, physicians and physician groups. Additionally, he is a frequent speaker on various healthcare tax related topics.
Panico is a graduate of Albany State University in Albany, New York, with a bachelor’s degree in finance and marketing and Pace University’s Lubin School of Business, from which he earned a M.S. in accounting. He is a member of the New Jersey Society of Certified Public Accountants (NJSCPA), Healthcare Financial Management Association (HFMA) where he sits on the Board of Directors and the American Institute of Certified Public Accountants (AICPA).
Nitti is a tax partner whose practice focuses primarily on corporate and partnership tax planning, with a concentration on tax policy and key court decisions. A certified public accountant in the states of New Jersey and Colorado, he was recently engaged by Bloomberg to review the 2016 presidential candidates’ tax returns and tax plans. In addition, he has a featured blog on Forbes.com, entitled “The Nitti Gritty.”
Nitti also is a sought-after industry educator as well as a Forbes.com contributor. He has authored or co-authored numerous articles and book excerpts focusing on a wide range of tax issues as well. Nitti is a respected voice in the tax community whose opinions and commentary are sought after by journalists, clients and business leaders alike. He earned a bachelor’s degree in accounting from The College of New Jersey and a master’s in taxation from the University of Denver Graduate Tax Program. He is a member of the American Institute of Certified Public Accountants (AICPA) the New Jersey Society of Certified Public Accountants (NJSCPA), and the Colorado Society of Certified Public Accountants (COCPA).