“Proper succession planning is the key to transitioning a family’s wealth to future generations.”
-Tony Torchia, Partner
Tony has over 35 years of experience covering a wide range of closely-held businesses including real estate, manufacturing, consumer product and food industries, entertainment, import and wholesale distribution as well as legal and medical professionals.
He primarily engages in tax planning and multi-state compliance issues for closely-held entities, international companies and their owners. Tony is the director of the firm’s trust and estate taxation practice and retirement plan audit services. He has extensive experience in the areas of wealth preservation, income taxation and estate planning for high net-worth individuals.
- Significant involvement in the transfer of family wealth to future generations through utilization of various grantor trusts, family limited partnerships as well as charitable lead unitrusts and generation skipping trusts.
- Trusted advisor and friend, often chosen to serve as trustee, executor and mediator in family matters.
- Successful handling of audits by the Internal Revenue Service as well as numerous states in the areas of income tax, sales and use tax, multi-state tax and estate and inheritance tax.
Tony is a certified public accountant and a member of the New Jersey State Society of Certified Public Accountants, American Institute of Certified Public Accountants (AICPA) and the Greater New Jersey Estate Planning Council. He also holds the AICPA’s designation of Certified Information Technology Professional. Tony is an active member of the Association for Corporate Growth (ACG-NY). Tony serves as a key member in a number of political committees, social organizations and law enforcement associations. He is also a designated TEP and member of the Society of Trust and Estate Professionals (S.T.E.P). These international organizations provide a wealth of resources for our clients.
Tony holds a B.S. in Accounting from William Paterson University. Prior to merging with RotenbergMeril, he was the managing shareholder of Torchia Foster, PA, a Paramus, NJ public accounting firm.