July 2, 2012

Marcum’s LGBT & Non-Traditional Family Practice Group Featured in the San Francisco Business Journal Article "Marcum Creates Accounting Practice Targeting Gay, Non-Traditional Couples"

San Francisco Business Journal

By Mark Calvey

Marcum’s LGBT & Non-Traditional Family Practice Group Featured in the San Francisco Business Journal Article "Marcum Creates Accounting Practice Targeting Gay, Non-Traditional Couples"

Excerpt:

Accounting firm Marcum established a practice focused on LGBT and other non-traditional families to help these clients navigate the complex and often-changing tax and financial landscape.

Marcum, among the nation’s 15 largest accounting firms, is among the few accounting firms to establish a practice focused on the lesbian, gay, bisexual and transgender community. It’s territory traversed earlier by wealth managers and personal finance advisers.

Marcum, based in New York with 23 offices primarily on the East and West coasts, has 40 professionals out of 1,100, with special training to deal with issues facing non-traditional families.

Miller says Marcum’s new practice will provide LGBT clients with a range of services that include trust and estate planning, business formation and, of course, tax issues.
“Whether they are married, single, domestic partners or divorced, LGBT and non-traditional families deals with tax and financial issues that are byzantine, at best,” Miller said. “LGBT and non-traditional family accounting matters can be legislated by national, state or local government groups, or by regulation or judicial decision, requiring true expertise to navigate this complex web.”