Scott Rabinowitz advises clients on a wide range of complex tax accounting issues, including timing of revenue recognition and deductions, capitalization issues, depreciation and amortization, the treatment of installment obligations, the application of the long-term contract rules and inventory methods, including the use of the LIFO inventory method and application of UNICAP (Section 263A), as well as the domestic production deduction under Section 199.

Bio

Mr. Rabinowitz has extensive experience reviewing changes in accounting method applications (Form 3115), private letter rulings, appeals protests and representing clients before the IRS National Office of Appeals.

He previously served in the IRS’s Office of Chief Counsel as an attorney in the Income Tax and Accounting Division (2000-06), where he worked extensively on inventory and Section 263A cases and related published guidance, as well as the Section 199 regulations. Prior to joining Skadden, he was a managing director at PricewaterhouseCoopers (2006-18), where he consulted with and assisted clients with a wide range of tax accounting issues.

Mr. Rabinowitz is a frequent speaker at trade and industry meetings including the American Bar Association, the Federal Bar Association, the Tax Executive Institute and the American Petroleum Institute. He also was an adjunct professor at the Georgetown University School of Law (2009-17).

Credentials

Education

  • LL.M., New York University School of Law, 1997
  • J.D., Hofstra University School of Law, 1994
  • B.S., State University of New York, Albany, 1990

Admissions

  • New York