Scott D. Newsom is a partner in the tax and benefits department concentrating his practice on employee benefits, executive compensation and multiemployer retirement, and health and welfare plans. Scott represents clients in a wide range of industries including manufacturing, construction, food services, retail, health care, and financial services.
Scott prioritizes clear and consistent communication with his clients. Scott’s dedication to understanding his clients’ objectives and business challenges results in a more strategic application and compliance with the complex and constantly developing areas of employee benefits and executive compensation. His clients often express their appreciation for his ability to translate the legal requirements of ERISA and the Internal Revenue Code into available and practical courses of action for their business.
Scott is experienced in all aspects in the design and maintenance of defined benefit plans, cash balance pension plans, 401(k) and profit sharing plans, including strategies to leverage contributions to owners and key employees. He represents employers in their interactions with the Internal Revenue Service and the Department of Labor involving plan issues, including correction of plan operational errors, prohibited transactions, and plan audits and investigations.
With the significant developments in health and welfare benefits, Scott has immersed himself in the constant new requirements and opportunities in health and wellness that impact his clients’ businesses.
Scott is active in the community and serves in a variety of leadership roles. Scott serves as a member of the St. Joseph’s School of Sylvania Advisory Board, the Board of Directors of Catholic Charities of Toledo, and a volunteer coach for Sylvania recreation baseball and soccer.
Scott has previously served on the Board of Directors of Leadership Toledo, Sylvania Community Services, and the Northwest Ohio Hemophilia Foundation. Scott was a previous recipient of the 20 under 40 Leadership Award for Toledo. Scott is a member of the Toledo Bar Association, Ohio Bar Association, Indiana Bar Association, American Bar Association, and the International Foundation of Employee Benefit Plans.
Education:
- J.D., cum laude, The University of Toledo, 1996
- B.A., Kenyon College, 1993
Bar and Court Admissions:
- Ohio, 1996
- Indiana, 2002
Cost
Rate : $$$