Marcum LLP

As Seen In 2016

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The aging population and changing inheritance laws are influencing the way Americans look at will and estate planning.

Marcum LLP’s Carolyn Mazzenga speaks with Watching Your Wealth’s Veronica Dagher about some of the money secrets families often keep.


Marcum Partner Ronald Friedman Wins 2016 Apparel Industry Award


Whether or not you approve of Donald J. Trump as the next president of the United States, if you're a highincome earner who would like to pay less to Uncle Sam, you'll likely approve of what his tax plan will do for you.


Some of the best-known companies in the U.S. and the world dispute the IRS’s characterization of expenses they can deduct from transactions with their foreign subsidiaries and the interpretation of their agreements with the agency over the pricing of those transactions.


The kind of pricing tactics described in the lawsuits are endemic to the retail industry today, Friedman said. Savvy shoppers, however, have become used to looking at the sale price instead of the advertised original price.


Next year is going to be a busy one for accountants as they guide their clients through a sea of anticipated tax and regulation changes as the new administration takes over.


In preparing for the holiday festivities, it is essential that friends and family understand that while their loved ones are in a nursing home, they can still partake in the holiday parties and goodie exchanges without putting their Medicare coverage at risk.


Shortfalls in construction workers will produce ever-rising costs, making it that much more difficult for communities to improve their respective build environments and for the nation to effectively address its burgeoning infrastructure deficits.


My path to becoming national practice leader for Marcum's Alternative Investment Group really started with the birth of my twin girls. In 1995, I was looking to work for a local accounting firm that would accommodate a flex-time schedule, and Marcum came through.


With Thanksgiving just days away, we're taking a look past global turmoil and the recent divisive election to focus on how the construction industry is giving back to local communities across the nation.


The federal research and development credit has long been elusive for the very firms it’s supposed to help, a kind of apple tantalizingly out of reach.


Most people spend whatever they have saved in their individual retirement accounts in the years after they stop working. If they’re fortunate, they have enough to last.


Taxes were a heated issue during this year’s presidential election, and now, as President-elect Donald Trump rolls out his proposed tax plan, promising the largest tax cuts since Ronald Reagan, opinions about Americans’ obligations to pay Uncle Sam continue to mount.


Accounting and advisory firm Marcum announced this week that they will once again be closing its offices the day before Thanksgiving to volunteer in local communities.


Donald Trump rallied the working class during his campaign, but he also championed one benefit favoring mostly the super-rich: eliminating the federal estate tax.


New Jersey Gov. Chris Christie recently announced that he will end an agreement between New Jersey and Pennsylvania that allows commuters to pay state income tax only to the state where they live, instead of to the state where they work.


In the moments approaching President-Elect Donald Trump’s victory, half the nation, eager for sweeping change, cheered. The other half, heart-broken that they hadn’t just elected the nation’s first woman president, began a path to soldier on.


The headlines continue in the growing trend toward mergers, acquisitions and other forms of alliances between local CPA firms and their larger partners.


The construction industry pays the highest effective tax rate of any sector of the economy. Given that reality, contractors should be proactive in tax planning, which includes taking advantage of tax incentives and understanding the internal revenue codes specific to contractors when filing tax returns.



A marriage is not just the union of two people. It is also the union of their data. And when they divorce, the data often gets spilled.


The Marcum Innovator of the Year Awards are our way of honoring like-minded companies, who believe in stopping at nothing to provide their customers with outstanding, nontraditional products and services


So for women out there that want to start a business, you need to make sure that you are the best at whatever it is that you want to do


New Jersey is included in the minority of states in the country that does not operate under combined reporting, and its introduction could be seen as a way to increase revenues.


There is a technical question as to whether these regulations will be valid.


These new cases demonstrate the ingrained and persistent nature of certain problematic coding and billing practices.


It is important for financial professionals to help both parties understand the nature of the obligations into which they will enter, including the respective levels of risk and implications for tax payments.


New York-based Marcum has opened its first office in Europe. Located in Dublin, Marcum RBK (Ireland) Limited is a joint venture with Russell Brennan Keane (RBK), the largest independent accounting and business advisory firm in Ireland.


Andrew Ebneter concurs that the state’s high tax rate is trending as a primary deterrent to small business growth in New Jersey.


Jeffrey Weiner joined Marcum in 1981 and has served as Managing Partner since 1990. In 2013, Weiner was voted one of the accounting industry’s Top Five Most Admired Peers in a national poll by Inside Public Accounting.


Marcum has expanded its hedge fund servicing operations in Europe with the launch of Marcum RBK (Ireland) in Dublin – a joint venture with Russell Brennan Keane (RBK), an independent accounting and business advisory firm in Ireland.


Rising to the rank of managing partner can be a grueling experience. Those who start their own firms have to put in years of hard work before they can be sure they’ll last.


The Times on Sunday published a story, based on state tax returns, showing that Trump claimed a $916 million loss in 1995. which could have permitted him to avoid paying income tax for 18 years.


While few corporate leaders like Redstone work into their 90s, more are staying on well past the traditional retirement age. In fact, more senior leaders as well as employees are working into their 70s or 80s.


My advice to New Jersey entrepreneurs is to be aware of any and all readily available resources that can help grow your business.


For years, there were two separate quality programs in long-term care required by CMS: Quality Assurance (QA) and Performance Improvement (PI).


Now that summer is over, our students are heading back to school. To encourage education, especially higher education, our tax laws provide numerous incentives to parents and students alike.


Each year, Accounting Today checks in with the foremost people in the accounting profession to see what issues are keeping them up at night, which inevitably yields a weighty list of dire concerns.


More and more Chinese factories are selling unpaid customer bills to financial firms, amid record payment delays.


This year’s Marcum Workplace Challenge gave the accountants at Marcum a few numbers to smile about. Some 9,100 runners and walkers from a record 223 Long Island companies and organizations participated in the 3.5 mile race at Jones Beach.


Storch has rejoined the accounting firm where he previously spent 16 years.


Rechler focused primarily on the need for increased capacity in the city to accommodate the growth in population and jobs.


As part of an annual survey of the leaders of the accounting profession, Accounting Today asks them what they think are the biggest issues facing the field, and their answers this year might well have used the old acronym SALY: same as last year.


The foundation, funded by Marcum partners and employees, raises money through various means including a voluntary planned giving program that supports roughly 30 charities in the six regions where Marcum operates.


The Marcum Foundation, the charity division of Marcum LLP, announced on Wednesday that they have raised $242,841.95 in charitable donations between June 1, 2015, and May 31, 2016. This marks the first full year of donations for the Foundation.


The American Institute of CPAs this week unveiled three measures aimed at advancing the battle for cybersecurity.


After a long lull, the number of initial public offerings has begun to increase, generating business for accounting and law firms specializing in these transactions.


Millennials are coming of age and the evidence is all over Long Island. They are being sought after for their skills, as consumers and homeowners and, even, community leadership. And they’re delivering.


New York-based Marcum announced that Ronald Storch has rejoined the firm as partner and COO of the firm, ranked No. 16 on the 2016 IPA 100 list of largest firms in the country.


Taking a private company public is nothing short of building a new company on top of an existing company. In the same manner that the private company was built, through careful planning, persistence and the ability to adapt, the creation of the new public requires the same degree, if not more, of the same elements.


Republican vice presidential nominee Mike Pence released 10 years of tax returns on Friday evening, a disclosure that Donald Trump, his partner on the Republican ticket, has so far declined to make.


New York-based Marcum (FY15 net revenue of $412 million) announced seven new partners from within the firm’s ranks.


Competition between midsize accounting and auditing firms and the Big Four is an ongoing struggle in which critical ground can be lost or gained daily.


If you are like most people, you have cardboard boxes or envelopes stored in your attic or basement with years of tax returns, receipts, Form 1099's, W-2's, and similar tax and personal documentation.


Retail theft is a billion-dollar enterprise riding a steady upward trend. It requires adoption of all available tools and technologies and an intimate understanding of the weaknesses and vulnerabilities within the supply and sales channels of its operation.


Beth Wiener joined Marcum LLP in 1995, a year or two before the firm took on its first private equity project. "We got in the industry at the right time," she said. "The late '90s was really when funds were taking off."


As summer comes to a close and schools reopen, the time has come for community association boards and finance committees to start working on next year's budget. Most associations have only assessment income, which is paid usually monthly by the individual owners.


Top 20 Firm Marcum LLP led the second-quarter rankings among large firms for new Securities and Exchange Commission audit clients, bringing on 11 and netting nine.


Snapchat launched its on-demand geofilters for individuals and businesses in February. The program lets users create custom overlays and define the area in which they will appear.


There are plenty of reasons to get married. Your taxes may not be one of them. Some couples - generally those with one person who earns far more than the other - will see their tax bills fall after marriage.


Partially lost amidst all the discussion of Brexit and volatile financial markets is evidence that the U.S. economy continues to expand. Construction remains one of the economy’s busier segments, with many contractors continuing to report lengthy backlog and steady to expanding profit margins.


A record 223 Long Island companies and organizations fielded teams for the 2016 Marcum Workplace Challenge run-walk for charity at Jones Beach State Park on July 26.


While business owners throughout the country scrambled to get their ducks in a row before the update of federal labor laws, South Florida business leaders gathered to make sense of the changes ahead.


If you’ve started planning for retirement, or have even just started researching how to do it, it’s very likely you’ve come across the acronym IRA, short for individual retirement arrangement (its formal IRS name), or, more commonly, the individual retirement account.


The sky isn't falling. But that doesn't mean the department store space has suddenly been healed.


Wall Street View with Drew Bernstein, Marcum LLP - What to Know about China and U.S. Relationship


More than 12,000 runners, walkers and spectators attended the 2016 Marcum Workplace Challenge at Jones Beach State Park on July 26.


The SEC practice of New York-based Marcum ended the first half of the year with the most net new SEC clients of any U.S. accounting firm and also led the profession in IPO audit market share among non-Big 4 firms.


The Connecticut Technology Council (CTC) and Marcum LLP today announced the 2016 Marcum Tech Top 40, an annual recognition of the fastest growing technology companies in Connecticut.


Any Hollywood mogul will tell you that certain givens apply when a star's latest film goes public – the media blitz, the slick promotions, the buzz buildup. While Wall Street sits on the opposite shore, companies ready for IPO time aren't all that much different.


There are plenty of TV shows featuring doctors, lawyers, police officers, private detectives, judges, politicians, executives, athletes, inmates, journalists, bounty hunters, and teachers.


It's no secret: Doing business in China can be tough.
Big foreign brands like Apple have fought to get a strong foothold in the country, despite significant regulatory and cultural barriers.


It is my pleasure to welcome you, to this my first column. The Editor and Publisher have asked me to contribute to this publication, so as to help inform you of important tax and personal financial planning issues on a regular basis.


Governments are accountable for the use of resources provided by taxpayers. It is this accountability requirement that drives the financial statements government officers prepare on an ongoing and annual basis.


Jewelry manufacturing in the district slowed in the 2000s, and since the 2008 recession, many sellers have struggled to survive in an industry whose lifeblood is the lure of luxury.


Even though more people have jobs, wages are rising and gas prices are low, retailers have struggled this year to keep sales churning. Several big chains including Pacific Sunwear, Sports Authority, Sport Chalet and Aéropostale have filed for bankruptcy protection.


In mid-August of last year, warning signs at the Seattle headquarters of Nordstrom Inc. first became apparent.

Up to that point, the upscale apparel retailer, with $14 billion in annual sales, had enjoyed several years of steady sales growth and expansion. Its stock had climbed to a record high of about $80 a share.


WCBS-TV invited Long Island Partner-in-Charge Carolyn Mazzenga to their studio to talk about this year's Marcum Workplace Challenge at Jones Beach.


David Fontaine has been closely monitoring the tax changes made in the recently approved fiscal 2017 state budget and talks with Providence Business News about how those changes will affect businesses in Rhode Island.


Massachusetts can tax Bank of America as an inhabitant of the Bay State even though it is based in North Carolina, the Supreme Judicial Court ruled Monday in a case that drew attention from national and local banking industry groups.


If you’re worried about hackers launching a cyberattack against your business, your concerns are far from unfounded. In our increasingly high-tech world, there are too many bad guys out there devising myriad ways to infiltrate your company’s most valuable information.


For this week's Friday Focus, we feature a Q&A on tax changes coming starting July 1 because of the new state budget. We spoke with Andrew Ebneter, CPA, Tax & Business Services Partner, State & Local Tax Practice Group, and, Michael D'Addio, JD, Tax & Business Services Principal at Marcum LLP.


Numerous changes occur in the U.S. financial accounting and reporting standards each year, but only a handful affect every company—large or small, technology-based or traditional service providers—and one of those takes effect soon.


Douglas Nakajima of Marcum LLP looks at the operation of the IRS proposed rules (REG-108060-15) that would allow related-party corporate debt to be reclassified as equity, along with implications and considerations for affected taxpayers if they are made final.


Forensic accountants are routinely hired to assist in calculation of lost profits and economic damages in various types of litigation.


In episode 7 of “Uncommon Ground,” Carolyn Mazzenga, the Partner-in-Charge of the Melville, New York office, and Jim Ashe, Partner-in-Charge of the Firm’s Advisory Services division, discuss how females can move forward in accounting.


Shacking up before marriage is the new normal: more than 65 percent of first marriages today start out with the couple living together, according to research cited in "Cohabitation: Recent Research and Implications," a literature review.


There's a potential silver lining after watching a portion of your investment account get wiped away following the U.K. vote to leave the European Union.


Billionaire hedge fund manager David Tepper, formerly New Jersey's wealthiest resident, filed for a legal change of residency last year. He is now a Florida resident.


When the Supreme Court legalized same-sex marriage nationwide on June 26 of last year, many others also got access to financial benefits that only heterosexual married couples previously enjoyed. Likewise, their marriages have also led to new financial challenges in some cases, including being subject to what's sometimes known as the "marriage penalty" tax.


The United Kingdom's vote to leave the European Union will likely deal a blow to Florida's tourism industry, according to Chief Economist for the Florida Chamber Foundation Jerry Parrish.


Marcum, the national accounting and advisory services firm, announced this week their first annual Marcum Women's Forum, entitled "Safe And Sound: Smart Choices for Savvy Women," being held September 26, 2016, in New York City.


Thanks to the Child and Dependent Care Credit, you may receive a credit when you file your return for up to 35 percent of $3,000 in child care and camp costs for one child or $6,000 for two or more children, depending on your income.


Hoping to draw big spenders and compete with high-end malls, Universal Studios has announced plans for the first major face-lift of its shopping and dining district in more than 15 years.


With close to 15,600 long-term care providers operating throughout the country and a continually changing regulatory environment, providers face a variety of operational and compliance challenges.


Nanette Lee Miller discussed the LGBT community’s accomplishments and challenges still ahead in this video clip. With more than 30 years of experience in public accounting, Miller has been a frequent speaker about tax planning and personal finance for same-sex couples and other non-traditional families.


Marcum said that Lautze & Lautze CPAs & Financial Advisors, with offices in San Francisco and San Jose, has merged into Marcum.


As some accounting firms go national, they are devoting more resources toward locating and linking up with merger partners.


Americans are deeply divided on many issues - something that has become increasingly apparent during the ongoing presidential election cycle. The dimensions along which these divisions persist are perhaps too numerous to mention but include positions on immigration, international trade, the 1 percent, the Affordable Care Act, women’s health, the minimum wage, affordable housing, and personal and corporate tax rates.


Marcum, an accounting and advising firm with large Long Island operations, has expanded in California by merging a smaller firm into its operations.


The national accounting firm Marcum LLP has acquired Lautze & Lautze CPAs & Financial Advisors, a full-service accounting firm with offices in San Francisco and San Jose, California. The firm, it's staff and clients will be merged into Marcum's practice, which has offices in Irvine, L.A. and San Francisco, California.


San Francisco-based Lautze & Lautze CPAs & Financial Advisors has merged into New York-based Marcum LLP effective June 1.


Marcum LLP has merged in Lautze & Lautze CPAs & Financial Advisors, an accounting firm in San Francisco and San Jose, Calif., effective June 1.


For small and emerging growth companies in the $500 million and under market cap space, the capital markets can tend to be some tough waters to navigate. In recent years, a combination of regulatory and market dynamics has squeezed some much-needed resources of out this segment of the economy, leaving companies - which make up the majority of the public markets - in the lurch.


Connecticut's tax commissioner and other officials want to write the next chapter in an ongoing push to collect tax revenue from online companies and others located outside the state.


Inc. posted segment #5 of its video interview with Carolyn Mazzenga, partner-in-charge of Marcum's High Net Worth Practice group, for the magazine's Playbook series.


Like the proverbial elephant in the room, that massive new accounting standard on revenue recognition is still waiting to be reckoned with at most public companies.


Communication is known to be the Achilles' heel of the SNF. Many errors in the business office can be traced back to poor communication.


Were you exhausted after tax season? Try training for the Boston Marathon while working late nights and weekends. Just ask Kristin Pizzi, CPA, who ran in the 2014 Boston Marathon.


Inc. posted segment #4 of its video interview with Carolyn Mazzenga, partner-in-charge of Marcum's High Net Worth Practice group, for the magazine's Playbook series


In the audit table Marcum performed well, moving up to eleventh in the table as it boosted its fund count by 13.5% to 59 and increased its RAuM to $13.6bn.


As a steady surge of business trips are being logged across the country, business owners should review their travel and entertainment policies. Accountants advise taking a careful look at guidelines for employee reimbursements, expense reports, spending limits and uncovering fraud.


With the recent end of tax season, many self-published authors have likely done some thinking about whether they could be saving more money or better protecting themselves from IRS scrutiny. They may have heard from their accountant or other authors that they can do just that by formalizing their publishing work under a business entity.


Inc. Magazine posted the third installment of its video interview with Long Island Partner-in-Charge Carolyn Mazzenga, for its Playbook series.


Lululemon Athletica’s core focus for nearly 20 years can be summed up neatly: it sold apparel meant to function in the world of sweat. Geared for yoga, studio classes and running, the brand’s most popular tights and tops were meant to make you look fashionable during a workout.


Today’s the deadline for filing tax returns, so there’s not much you can do now about your 2015 refund or underpayment. But experts say it’s not too early to start thinking about 2016 taxes - and to take steps to make sure you pay your fair share and no more.


Delaware and Nevada aren't the only states where it's possible to set up a company without saying who owns it. In California, too, owners can set up a limited liability company, or LLC, without telling state officials who's behind the curtain.


Inc. Magazine posted a second segment of its interview with Long Island Partner-in-Charge Carolyn Mazzenga, for its Playbook video series. In this piece, Carolyn discusses accessing capital sources.


The FBI's request for Apple to unlock the San Bernardino, California, shooter's iPhone, as well as requests in other cases, has increased the media frenzy surrounding data security, passwords, privacy and our rights under the Constitution. Passwords are convenient and the most commonly used method to secure data, but simple steps must be taken to mitigate their inherent weaknesses


Skilled nursing providers should be prepared for managed care to drill down on Medicare Part A residents, creating the potential for major financial problems, a long-term care expert warned on Tuesday.


Generally, taxpayers pay tax on property they sell at a gain. A tax-deferred exchange under Section 1031 offers a great opportunity to delay capital gains taxes and build wealth. However, if not done correctly, taxpayers may be subject to tax, interest and penalties at the time of transaction.


Understandably, entrepreneurs are more focused on implementing an idea and growing their business in the initial years, but neglect their accounting and tax filing responsibilities.


The prior three recoveries lasted 95 months on average - this one is 80 months old already. Meanwhile, the Japanese economy is so weak that the nation’s central bank recently opted to copy the European model and introduce negative interest rates. Emerging economies like Turkey, Russia, and Brazil also continue to stumble, leaving the United States, India, and a handful of others to support global economic expansion.


There’s nothing like a nasty divorce to chip away at a family’s wealth. Trusts, of course, are the classic tool to protect assets from a grasping spouse, but don’t delude yourself into thinking they are fail-proof.


Just a few years after founding my firm in 1995, one of the industry trades named us the fastest-growing PR firm in America. It happened again the very next year. We were growing at a clip of 100 percent per year (which is easy to do when you begin as a two-person startup). But as we grew, we made countless mistakes that impacted our reputation.


The Alternative Investment Group at Marcum LLP has been ranked among the top 5 hedge fund service providers in accounting. Institutional Investor's prestigious Alpha Awards honor accounting firms that excel in five aspects of service, including client service, hedge fund expertise, regulatory & compliance, audit and tax.


Carolyn Mazzenga, Long Island partner-in-charge, participated in Inc. Magazine’s Playbook video series. In the first segment, she discusses the importance for entrepreneurs of working with a tax professional.


The IPO Readiness Panel at the 28th Annual ROTH Conference Tuesday pulled no punches in laying out the daunting task of going public. Long recognized as a sign that a company has truly arrived on the scene, the panel Tuesday made it clear that going public for the wrong reasons was only going to create headaches.


Small business owners know a larger than expected tax bill could put a wrench in their company’s cash flow management, a scenario everyone is eager to avoid.


One of the enduring mysteries of Donald Trump is just how much wealth he has. Forbes pegs his net worth at $4.5 billion, while Bloomberg News puts it at $2.9 billion. The GOP front-runner himself has said he's "really rich."


One of the enduring mysteries of Donald Trump is just how much wealth he has. Forbes pegs his net worth at $4.5 billion, while Bloomberg News puts it at $2.9 billion. The GOP front-runner himself has said he's "really rich."


The Construction Services Practice of Marcum LLP, a top national accounting and advisory firm, today released the results of its third annual analysis of construction industry employment trends, based on the Bureau of Labor Statistics’ Job Openings and Labor Turnover (JOLT) Survey.


Any late '90s or early 2000s teen is familiar with the sense of "cool" they felt when wearing an Abercrombie & Fitch-branded tee, or while bopping around the mall with a Wet Seal shopping bag. Fast forward roughly two decades, and these once high-flying teen retailers are showing signs that they're finally starting to recapture some of the mojo they lost to fast-fashion rivals.


Financial literacy is not a new topic in the United States. In 1787, John Adams wrote a letter to Thomas Jefferson, articulating the same issue we face today: ‘In the centuries that followed, the United States, the richest nation in the world, should have produced a financially literate populace to match its global stature. The sobering fact is that this has not happened.”


A New Jersey nursing home chain with facilities in multiple states is unable to determine why several facilities continue to underperform financially, despite having an acceptable payer mix.


Every spring, CMS makes available the Program for Evaluating Payment Patterns Electronic Report (PEPPER) for SNFs. The agency offers variant reports for a number of other Part A provider types, including hospitals, home health agencies, and hospices.


Donald Trump has put his wealth and the success of his business empire at the center of his presidential campaign. But what if the complexity of that enterprise—packed with opportunities for write-offs and deferred profits—means he reports relatively little taxable income?


Tax season is always hectic for accounting firms — which for years have called in temporary reinforcements, from college interns to experienced freelance tax professionals to help manage the load — but the window for the work is getting more compressed, according to one tax veteran.


For many individuals in the corporate world, it may be tempting to leave a job and venture out to start a business. However, it can be a big undertaking and there are many factors to consider when doing so. According to outlets like Fortune, Forbes and various industry reports, approximately 70 to 90 percent of startups fail within the first five years.


Firm executives discuss the state of South Florida's diverse accounting sector.


As medical professionals attempt to deal with the fluctuating business of healthcare, including the Affordable Care Act, the increased dependence on Medicaid and the consolidation of healthcare practices, there is a growing desire for accountants with backgrounds and expertise in healthcare consulting.


When it comes to property tax rebates (although they're technically being called “credits”) for many homeowners, it turns out the check lately has been in the mail.


As if the pressure for accounting majors to pass the CPA exam after graduation weren't stressful enough, students with big-firm aspirations are sweating out the recruitment process in their sophomore year of undergrad.


As the real estate market has strengthened, Long Island accountants find themselves working on more Section 1031 exchanges.


His friends enjoyed their summer after graduation vacationing or partying at a rental on the Jersey Shore.


The Bay Area’s booming tech industry has made for more companies with books to audit and management teams to consult, and expanded the need for outside advice on topics like cybersecurity and digital marketing strategy.


Like visiting the dentist or getting an oil change, accounting firm clients tend to view having their books periodically audited as a necessary evil. And it’s one they’d prefer to pay as little for as feasible.


When New York-based accounting and consulting firm Marcum completed its second major acquisition in the Philadelphia market in December by acquiring Smart Devine & Co., it added 85 professionals six years after entering the Philadelphia market through buying 70-person Bala Cynwyd-based Margolis & Co.


Malls have typically undergone occasional face-lifts to remain relevant to shoppers, but now these changes are crucial, analysts said. Many shopping centers must upgrade or face possible extinction.


Nonresidential construction spending fell in December 2015 but concluded with a year-over-year gain, reports the Marcum Commercial Construction Index for Fourth Quarter 2015. The national accounting firm's chief construction economist, Anirban Basu, who authored the report, attributed the month-over-month dip to depressed construction materials prices, while pointing to expanding backlogs and a new federal highway bill as reasons for optimism.


Individual investors have freer access to private offerings of securities thanks to the 2012 Jumpstart Our Business Startups Act but that doesn't mean regulators are turning a blind eye to who is being admitted to such investments.


When people work hard for decades to build and grow a business, often their dearest ambition is for one or more of their children to take it over when they retire. Things don't always work out that way.


How to report clients' fantasy football winnings. With tens of millions of people playing, CPAs need to be prepared to answer clients' tax questions.


Even as New York State cut its business taxes in a widely publicized effort to provide a more business-friendly climate, it has hiked the Metropolitan Transportation Authority business surcharge tax.


Over the years, it has become abundantly clear every successful business owner has 4 professional's acting as their core advisors and kept on their speed dial. The need for each varies, but all have a critical role to play in keeping a business owner focused on the important issues at hand – the business.


Top 100 Firm Marcum took the top spot among large audit firms in bringing in new Securities and Exchange Commission audit clients in the fourth quarter of 2015, with with 11 new engagements and a net gain of six.


Embezzlement is a sad reality for some small business owners. Many entrepreneurs have fallen victim regardless of their involvement in the day to day operations of their companies


Remember when raising funds in the capital markets was only for large companies? Did you think the IPO process was too burdensome and only possible for companies raising large dollars?


A little more than a year ago, Frost, Ruttenberg & Rothblatt, a regional firm in Chicago with around 20 shareholders and principals and 90 professionals and staff, began looking to merge. After narrowing potential partners over nine months and following meetings in Chicago in April and New York in August, the firm last November joined Marcum.


General Electric, a conglomerate on a scale rarely seen in American business, is many things. It's an energy company. It's a life sciences company. It's a software development firm as well as a financial services firm and manufacturer.


Saving for retirement might seem like a luxury to Americans living paycheck to paycheck, but the government is trying to make it a bit easier.


Identity theft continues to be a problem. Sometimes the first indication is a notice from the IRS that a tax return already has been filed with a taxpayer's Social Security number.


New York-based Marcum (FY14 net revenue of $385 million) has named a new leadership team in its Philadelphia region, following the Dec. 1 merger with Smart, Devine & Company.


The National Retail Federation said Friday that holiday sales increased 3 percent to $626.1 billion in November and December, falling short of the trade group's forecast for 3.7 percent growth, as unseasonably warm weather and low prices weighed on results.


Like other agents trying to land new clients ever since the Rams return to Los Angeles became official, he hopes all the dialing will lead to return calls from the dozens of players, coaches and executives who will be looking for a place to live before the 2016 season kicks off.


With 2015 now closed and in the books and the 2016 first quarter closing not yet in process, now is a great time for banks to consider alternatives that might help improve their tax positions. While tax planning is not limited to these particular strategies, the following suggestions provide a foundation for reducing tax expense and improving the institutional tax risk profile for 2016 and beyond.


Growing up in a home where both my parents were teachers, I always understood and appreciated the importance of lifelong learning and sharing my experiences and knowledge to help others. As a tutor in high school and college, I was overjoyed to watch struggling students get their "aha' moment when everything comes together.


Manhattan-based Marcum, with Long Island offices in Melville, noted that the Work Opportunity Tax Credit only kicks in if paperwork is taken care of in a timely fashion.


Now that the economy finally appears to be headed in the right direction, many contractors are thinking about hiring talent, acquiring bonding and raising capital to help complete their growing backlogs. Many of those business owners with large backlogs are taking an optimistic view that the new construction economy is half full and are quickly forgetting the lessons of the recent past.


2015 was a very good year for Marcum. As a result of the strengthening economy, there was considerable activity among our clients - more mergers as well as organic expansions - which meant a greater need for tax strategy and business planning services


It is no secret that CMS (Centers for Medicare and Medicaid Services) and private payers are determined to replace health care's volume-oriented fee-for-service payment system with alternatives aimed at promoting quality and value. What is surprising is the momentum that CMS has developed to affect change, as it moves aggressively to implement new payment models.


The clock is ticking for Iconix Brand Group Inc. and its previous top management, led by former chief executive officer Neil Cole. The company has until June to complete a refinancing of its $300 million debt obligation — and will have to do it with the specter of a formal Securities and Exchange Commission investigation.


Admissions department and billing office staff know the importance of verifying benefits for prospective residents. By establishing a procedure to evaluate a beneficiary's payer source prior to admission, SNFs can reduce possible claims adjudication issues and facilitate the receipt of payments in a timely manner.





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