Members in the News

Joseph Falbo Jr. (NYSSCPA President and Buffalo Chapter Member)

Are corporate tax inversions 'unpatriotic'?

Crain’s New York Business

With the long haul of a presidential election campaign just beginning, companies that leave the U.S. to lower their tax bills are likely to once again become political targets. But that won't prevent some firms from trying. "Inversions are still a hot-button issue in Washington," said Joseph Falbo, a partner at CPA firm Tronconi Segarra & Associates and president of the New York State Society of CPAs. "There are plenty of areas involving more egregious [tax avoidance], but a lot of legislators will continue to chase this issue down."