Clinical Assistant Professor
Lubin School of Business
Legal Studies and Taxation
New York City
One Pace Plaza W485
New York City
LLM, New York University, New York, NY
JD, Brooklyn Law School, Brooklyn, NY
BBA, Pace University, New York, NY
Academic and Professional Engagement Activities
Frank Colella graduated from Pace University with a BBA, cum laude, in public accounting. Following graduation he worked as a CPA at Coopers & Lybrand (today, PriceWaterhouseCoopers, "PwC"). He attended Brooklyn Law School (JD, cum laude) and New York University Law School (LL.M) before he joined the tax practice at Kronish, Lieb, Weiner & Hellman. Eventually, he opened his own law offices, with a legal practice primarily focused on federal taxation (corporations, trusts, and estate tax matters) as well as general corporate and business transactions. He has also advised not for-profit organizations on formations, compliance and tax matters.
Professor Colella is active in various professional organizations. He is a member of the Administrative Practice committee of the American Bar Association's Tax Section. Recently, in October 2019, he spoke at the ABA Tax Section meeting in San Francisco, California. He participated in a panel discussion that reviewed recent developments in administrative tax practice. His prior ABA committee service included the Estate Tax Committee and the ABA Tax Section's Task Force on the Estate of Hubert.
He is also an active member of the New York State Society of CPAs. Professor Colella currently serves on the Relations with Internal Revenue Service Committee, where he chairs its sub-committee on IRS Appeals. He also serves on the Taxation of Individuals and Estate Planning Committees. Professor Colella has made numerous presentations on behalf of the NYSSCPA, including evening and committee technical sessions, as well as presentations before various annual conferences. He has also published articles on their on-line journal, the TaxStringer.
Professor Colella has also served as the Chair of the NYS Bar Association's Special Committee on Election Law, as well as having been a member of various tax-related committees in the Tax and Elder Law sections of the NYSBA.
In addition to speaking engagements and committee service, Professor Colella has published and lectured on various law and tax-related matters; and he has testified before the Internal Revenue Service on estate taxation and tax practice issues. He has published in the NYU Journal of Law & Business, the William & Mary Business Law Review, the Houston Business & Tax Law Journal, the Brooklyn Law Review, the New York State Bar Journal, the New York Law Journal, the Brooklyn Barrister, the CPA Journal, Taxes – The Magazine, the Journal of Tax Practice & Procedure, and Tax Analyst publications (both Tax Notes and State Tax Notes).
Professor Colella's academic interests include Tax Practice & Procedure, Professional Responsibility in Tax Practice, and Constitutional Law (First Amendment and Civil Liberties issues). He is currently researching issues associated with procedural due process and federal income taxation.
Professor Colella also serves on the Board of Directors of Vital Strategies, Inc., a global non-profit organization committed to public heath issues and advocacy.
Selected Contributions & Publications
Colella, F. (2020). Time to Prune the Flora--Procedural Due Process, the Full Payment Rule, and Assessable Penalties: Larson v. United States. William & Mary Business Law Review. 11(1), 127.
Colella, F. (2019). Looking Back on the Allen Ginsberg Obscenity Trial 62 Years Later. New York Law Journal. (August 26, 2019).
Colella, F. (2019). Ninth Circuit Upholds IRS Regulation Preempting Common Law Mailbox Rule. Journal of Tax Practice & Procedure. (June-July 2019).
Colella, F. (2019). Section 7434 Claim Can Proceed Where W-2 Employees Fraudulently Issued Forms 1099. Taxes: The Tax Magazine. (July, 2019).
Colella, F. (2019). Partial Payment Rule of Section 6694(c) Continues as a Trap for Unprepared Tax Preparers. Journal of Tax Practice & Procedure. (April-May 2019).
Colella, F.G. (2019). D.C. Circuit Upholds IRS's Voluntary Regulation of Tax Preparers – Majority Holds APA's Statutory Notice & Comment Not Required: AICPA v. Commissioner. NYU Journal of Law and Business. 15(2), 229.
Colella, F. (2019). Ninth Circuit Holds IRC Section 6694(c) Deadline for Review of Tax Return Preparer Penalties Jurisdicition & Affirms Dismissal of Refund Action. Taxes: The Tax Magazine. 97(1), 19.
Colella, F.G. (2018). First Department's Reformation May Increase Post-Mortem Options. State Tax Notes. 89(8), 771.
Colella, F.G. (2018). Matter of Robins Resolves Tax Apportionment when Will is Silent. State Tax Notes. 89(3), 261.
Colella, F. (2014). Loving is Affirmed: IRS Lacked Authority to Regulate Preparers. Tax Notes. (Tax Notes, p. 371 (April 21, 2014)).
Colella, F. (1988). Note, Beyond Institutional Competence: Congressional Efforts to Legislate United States Foreign Policy Toward Nicaragua - The Boland Amendments (Brooklyn L. Rev. 131 (1988) ed., vol. 54). Brooklyn Law Review.
Colella, F. (1998). Allocating Expenses Following Estate of Hubert. New York State Bar Journal. 70(N.Y.St.B.J., No. 3. p. 26 (1998)).
Colella, F. (1997). Uncertainty for Contingent QTIP Elections. New York State Bar Journal. 69 ( N.Y.St.B.J., No. 1. p. 41 (1997)).
Colella, F. (1998). What Every CPA Should Know About the Estate of Hubert. CPA Journal, The. 68(9), 58.
Colella, F. (1998). Fifth Circuit's Decision in Estate of Monroe Increases Post-Mortem Planning Opportunities. CPA Journal, The. 68(5), 66.
Colella, F. (1997). New Authority on Statutory Short Form Powers of Attorney. CPA Journal, The. 67(2), 65.
Colella, F. (1995). Estate Entitled to Marital Deduction for QTIP Election. CPA Journal, The. 65(11), 58.
Colella, F. (1995). Court of Appeals Reverses Tax Court on Marital Deduction for Contingent QTIP Election. CPA Journal, The. 65(11), 60.
Colella, F. (1994). Second Circuit Affirms Tax Court on Sales-Leaseback of Personal Residence. CPA Journal, The. 64(9), 76.
Colella, F. (1993). Marital Deduction Unavailable to Non-Marital Trust. CPA Journal, The. 63(3), 60.