Steve joined D&S in 1994. In his practice, he performs tax compliance services as well as tax planning for individuals and closely held businesses. He frequently works with clients in the real estate industry, the medical field and in the legal profession, including both law firms and individual attorneys.
Steve is a founding member of D&S's Opportunity Zone practice group, where he helps both investors and developers take advantage of the federal tax opportunities and presents workshops on this section of the tax code. He is also a leader in D&S’s Law Firm practice group, focusing on both law firm financial management and their individual partners with strategic tax planning.
One of the more active Tax Warriors in the media, Steve has been quoted in Bloomberg News, Accounting Today, The Virginia Pilot, The New York Post, U.S. News & World Report, The Chicago Tribune and The Philadelphia Inquirer.
Steve began practicing public accounting in 1988 with Laventhol & Horwath in Philadelphia, where he worked in both the audit and tax departments. He later acquired additional tax experience at a CPA firm in Blue Bell, Pennsylvania, where he worked with many individual tax clients, as well as provided accounting and tax services for businesses in the real estate and automotive industries.
Prior to his arrival at D&S, he worked for a computer consulting firm in Jenkintown, Pennsylvania, where his responsibilities included training, implementation and technical support for accounting software used in private industry and in public accounting firms.
Steve majored in accounting at Drexel University and graduated with a Bachelor of Science degree in business administration. He also received a Master of Taxation degree from Philadelphia University. He is a member of both the American and Pennsylvania Institutes of Certified Public Accountants. In 2014, Steve was recognized by SmartCEO magazine as a finalist for Accountant of the Year. He serves as co-president of the Terri Lynn Lokoff Childcare Foundation, an organization dedicated to improving early care and education for thousands of children around the country.
A native of Philadelphia, Steve resides in its suburbs with his wife. He is an avid sports fan who enjoys playing in a softball league, attending professional baseball games with his family and playing golf. In addition to his passion for sports, Steve enjoys going movies and concerts.
The Pennsylvania Institute of Certified Public Accountants (PICPA) interviewed Chris Catarino, CPA, MT, and Steven Rossman, CPA, MST, to discuss Qualified Opportunity Zones. The podcast was released on July 15, 2019. Listen here.
Scouting Report - Opportunity Funds, While New, Merit Scrutiny - Construction & Real Estate, Spring 2019
What's In Trump's tax Returns? Maybe Nothing But 'Fool's Gold' - Bloomberg, Virginia Pilot, April 4, 2019
Gillibrand's Tax Returns Show 'Significant Savings' Under GOP Law, Accountant Says - Accounting Today, New York Post, Chicago Tribune, March 27, 2019
Many Rich Fretting About SALT Didn't Get the Tax Break Anyway - Accounting Today, March 27, 2019
Five Steps to Get Off the IRS's Naughty List - PolicyGenius, January 23, 2019
Opportunity Zones: Rules finally come out, and yup, they're complex (but manageable) - Philadelphia Inquirer, January 7, 2019
Are Credit Card Rewards Taxable? - U.S. News & World Report, September 26, 2018
New York, Connecticut Taxpayers Have Plan B Options to Beat SALT - Bloomberg Business, August 27, 2018
Family Caregiver Tax Deductions Everyone Must Consider - Crossroads Hospice & Palliative Care, April 7, 2017
KYW's Local Legends: Steve Rossman - CBS WKYW News, September 9, 2010