James Lange is the Principal of
James Lange & Associates.
Certified Public Accountant, July 1979
Attorney at Law, November 1984
20 years, including:
12 years - Owner/Principal of
James Lange & Associates
Other local CPA and law firms
After the TRA '97 -- What hath Congress Roth?," The Tax
Adviser, May 1998. Perhaps the most
important article of the year published in the most prestigious peer review journal for
CPAs in the country. The article discusses the benefits of Roth IRAs, Roth IRA
conversions, and retirement and estate planning techniques that will
- "Retirement Planning with Roth IRAs Integrating Roth IRA
Conversions and Estate Planning," Tax Advisor Direct, June 1998 (publication
forthcoming.) Wrote two chapters in the American Institute of Certified Public
Accountant's home study CPE program. The home study program allows Certified Pulic
Accountants to earn continuing professional education credits required by all 50 State
Boards of Accountancy.
Tax Reform Legislation: An Overview" Pittsburgh Legal Journal,
October 1996. Major tax legislation passed in 1996 created opportunities for the
accumulation of wealth and reduction of taxes. This article pointed out planning
opportunities for many taxpayers.
the Wealth," Financial Planning, September 1995. An analysis of the
benefits which result from naming children and grandchildren as beneficiaries to
retirement plans. The article was also the first major publication of the now popular
"double disclaimer" technique of estate planning where the surviving spouse is
given maximum flexibility to save estate taxes at the first death.
Gains Reduction with Gallenstein," Pennsylvania Bar News, December
1994. An in-depth analysis of the intricacies of the step-up-in-basis rules which provides
heirs with the opportunity to avoid capital gains taxes.
- Four other articles regarding taxes and business valuations published
by the Pittsburgh Legal Journal and National Association of Certified
Valuation Analysts nationally distributed magazine, The Valuation Examiner.
- Featured speaker at 14 seminars sponsored by the Pennsylvania
Association for Continuing Education. The two-hour seminars entitled "Maximizing
Retirement Benefits After The Taxpayer Relief Act of 1997" were presented between
October 1997 and February 1998. The seminars focused on the following primary topics: (1)
methods to accumulate wealth through retirement plan contributions, (2) Roth IRA
conversions, and (3) methods of tax reduction through sophisticated retirement plan and
IRA beneficiary designations. The following summarizes the cumulative evaluations
Evaluation Results from Pittsburgh and Philadelphia Seminar
Featured speaker at a seminar sponsored by Smith Barney Shearson,
Inc. on September 18, 1995. Topic: financial and estate planning for individuals with
significant retirement plans.
Featured speaker at a seminar sponsored by WEB Network of Benefit
Professionals on December 16, 1995. Topic: qualified retirement plan distributions.
Featured speaker at a seminar sponsored by Pittsburgh Life
Underwriters Association on February 8, 1996. Topic: optimization of qualified retirment
plans and IRAs and the use of second-to-die life insurance.
Featured speaker at a seminar sponsored by Lincoln Financial Advisors
Corporation on January 20, 1998. Topic: use of sophisticated IRA beneficiary designations.
Pittsburghs WQEX, Channel 16, "Cullen & Devlin
Show," for an hour-long discussion about tax avoidance, tax evasion, and legal
penalties for noncompliance.
Pittsburghs WQEX, Channel 16, "Agewise," on April 3,
1996, with hostess Eleanor Schano for a half-hour long discussion about financial,
retirement, and estate planning and tax issues.
- Guest on the two-hour "The Steve Kelb Show," WBVP 1230 AM
radio talk show hosted by Steve Kelb on September 19, 1996. Discussed tax and financial
- Guest on the one-hour "Your Money, Your Estate," WIXZ 1360
AM radio talk show hosted by Timothy Wojton on March 27, 1995. Discussed income tax and
estate planning issues.
Web Site and Software
Web Site Operator
Web Site Awards
- Harcourt Brace Professional Publishing awarded my web site, http://www.faculty-advisor.com, as
a Top Five Accounting Web Site. Harcourt Brace--a large, professional textbook
publishing company--awards web sites for their outstanding original writings and
high-quality graphical presentation of the material.
- CyberAttorney SM awarded http://www.litigation-support.com
as "Best of the Net." Awards are granted based on original content,
technological features, and quality of organization.
- Program: "Money for Life" -- Spreadsheet-based program that
forecasts different financial positions based on a variety of current decisions. Used
internally to aid in Roth IRA conversion, retirement, gifting, and estate planning
decisions. Allows almost limitless input possibilities and "what if" scenarios.
The same software was utilized to develop models for the Roth IRA and Roth IRA analysis
found in the peer reviewed article for The Tax Adviser. The program and results
were submitted for peer review. Although the American Institute of Certified Public
Accountants does not endorse any software, all of the analysis results were deemed
- Topic: "Significance of Rent vs. Buy," Cover of the Real
Estate Section, The Pittsburgh Post-Gazette, October 1994. Article describes
software developed by James Lange to analyze whether purchasing a house or renting is a
better decision after considering all measurable factors. Surprising conclusion favors
renting in many, if not most, situations.
Pennsylvania State University, Bachelor of
Duquesne University School of Law, Juris Doctor, Top
Fifth of Class, 1984
American Bar Association
Pennsylvania Bar Association
Pennsylvania Institute of Certified Public
The Institute of Business Appraisers
Allegheny County Bar Association
The Estate Planning Council of Pittsburgh