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Faster Than a Speeding Bullet Marcum LLP | Accountants and Advisors | New York, New Jersey, Massachusetts, Connecticut, Rhode Island, Pennsylvania, California and Florida Certified Public Accountants
Faster Than a Speeding Bullet

Faster Than a Speeding Bullet

A new world record was set this week. For anyone who enjoys a good adrenaline rush, this one's for you. On Tuesday, Japan's Maglev (for magnetic levitation) bullet train reached 375 miles per hour during a test run, breaking its own previous record of 366 MPH set just last week. The new Maglev milestone has already been certified by the Guinness Book of World Records. As a new category, the Maglev is now the second fastest rail vehicle on record, superseded only by the manned rocket sled which reached 632 MPH on December 10, 1954. (The fastest land vehicle ever was the Thrust Supersonic Car, a jet-propelled car recorded doing 763 MPH, which broke the sound barrier).

Putting aside the sheer awe of what it must be like to be at the controls of a Maglev - or to feel the whoosh of one whizzing by - I'm already looking ahead to how this next advancement in light rail will help Marcum's business. That's assuming the technology makes it here to the U.S. Prime Minister Shinzo Abe is expected to start promoting the Maglev in the U.S. during his visit here next week. Of course, even if he's successful in his pitch, I'll probably be long retired by the time it gets here. But that's OK. I'm casting my vote of confidence for the benefit of Marcum's next generation of partners.

A lot of our people use Amtrak to travel among our offices on the Northeast corridor, currently including Philadelphia, New York, Boston and Providence. The Amtrak Acela is great (when it's operating), but the Maglev is more than twice as fast as the Acela's maximum speed of 150 MPH. You don't have to be an accountant to know that that potentially cuts our travel time in half. That would make my trips from NYC to Philadelphia a 35-minute train ride, instead of the 70 minutes it takes now. And for those who are married to their cars, it will provide plenty of opportunity for remorse while they're crawling through interstate traffic. For those of us that make the NYC/Long Island commute (irrespective of direction), that hour-plus train ride, or eternity on the LIE, could be cut in half. Imagine a high speed elevated rail on the 405, where I was stuck in traffic yesterday!

Efficient public transportation systems are essential to all great cities. Connecting neighborhoods to neighborhoods, suburbs to cities, and cities to each other underpins successful commerce and industry and reduces reliance on cars (not to mention the associated expense and environmental impact). How to improve and expand public transportation and reduce traffic is one of the driving (smile) issues for city governments everywhere.

Whether the Maglev could turn out to be part of the answer for U.S. cities we'll have to wait to find out.


Busy Is as Busy Does Marcum LLP | Accountants and Advisors | New York, New Jersey, Massachusetts, Connecticut, Rhode Island, Pennsylvania, California and Florida Certified Public Accountants
Busy Is as Busy Does

Busy Is as Busy Does

It's April 17, and I have only one thing to say. Thank you! We've made it through yet another busy season, and while we may be a little more sleep-deprived than usual, we're none the worse for the wear and tear of the annual rite of passage.

First and foremost, thank you to our clients, whose faith in Marcum is our reason for getting up in the morning. You not only permit us to serve as your accountants and tax advisors, but as your partners and confidantes. We deeply appreciate your trust in us, and the opportunity you give us to help you reach your goals. It is a privilege and a responsibility on which we place the highest premium.

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Fitness Friday Marcum LLP | Accountants and Advisors | New York, New Jersey, Massachusetts, Connecticut, Rhode Island, Pennsylvania, California and Florida Certified Public Accountants
Fitness Friday

Fitness Friday

13,530 Wednesday. 10,479 Tuesday. 10,175 Monday. 10,362 Sunday and 10,043 Saturday. What's that, you ask? That's how many steps I took each of those days. As for calories burned: 3,354, 2,830, 2,951, 3,719 and 3,354. How do I know and why do I care? Well, that's the feedback I'm getting from my new Fitbit, a relatively inexpensive gadget that Tracy bought me at our local Sports Authority so I could keep track of how much exercise I'm getting, how many calories I'm taking in and burning, my heart rate (77 beats per minute as I write this), how much sleep I get and whether it's restful or not.

We all struggle to juggle work, family and personal time. For me, more often than not, family and/or work trumps personal time. So although I enjoy the gym, golf course, tennis court, bicycle and other physical activity, I, like most of you, I'm betting, don't get as much exercise time in as I'd like. Such is life. So Tracy thought it would be a good idea for both of us to set goals for daily activity, especially now that the weather has broken and summer is right around the corner. Hence, the Fitbit.

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We Need More of That Marcum LLP | Accountants and Advisors | New York, New Jersey, Massachusetts, Connecticut, Rhode Island, Pennsylvania, California and Florida Certified Public Accountants
We Need More of That

We Need More of That

It's starting to look like winter is finally over, and the spring holidays arrive this weekend none too soon. Whatever your family's traditions, it's a pretty sure bet that lots of kids will be on the hunt for Passover matzo or Easter eggs in the next few days. Which has me thinking. There are some other things missing around here lately that hopefully can also be found.

Water in California
Governor Jerry Brown's first-ever, state-wide water restrictions make it clear how dire the situation is, with reservoirs drying up and no end to the drought in sight. For those of us here on the East Coast, the shocking photos on the front page of The New York Times yesterday gave us a pretty stark idea of what Californians are going through. Regulating water use is obviously imperative as a stop-gap, but it's not going to solve the problem long-term. The permanent solution is going to have to be a combination of behavior modification and technology, to preserve inventory, minimize waste and maximize re-use for industrial and commercial consumption. Water may be a renewable resource, but since we can't predict the weather, the only alternative is to be more responsible in how we're using the supplies we've got. Not only on the left coast, but everywhere. Some of you may not be old enough to remember, but I, for one, suffered through the New York water shortage of 1989 and I don't want to have to do it again.

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About Jeffrey M. Weiner

Jeffrey M. Weiner joined Marcum in 1981 and has served as Managing Partner since 1990. Under his leadership, Marcum has expanded from a one-office Firm of 20 employees to a Firm ranked #15 in the United States.

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